For example, as part of the campaign, we organized an online tee-shirt design contest through which users uploaded their original designs and we selected the most popular tee-shirts to be sold on our website. For buyers, these forums generally require face-to-face interactions and significant amount of time and effort in researching product attributes, product availability and prices. We expect the Sarbanes-Oxley Act and other rules and regulations will continue to increase our legal, accounting and financial compliance costs and make certain corporate activities more time-consuming and costly. Any disaster due to accidents, human errors or other events could have a material adverse effect on our ability to provide uninterrupted services and protect our backup data and other information, and on our business, financial condition and results of operation. The principal laws and regulations regulating e-commerce marketplaces in Korea consist of the following:.
Our outsourced call centers have access to our customer database information, such as payment information and transaction history, among others, and are also susceptible to hacking. Easy implementation with really good and proactive customer service. Consumers there often prefer marketplaces, such as 11street, shown above, as well as aggressive discounts and loyalty-reward programs. We expect the program will be operational sometime in mid South Korea is a big, competitive ecommerce market.
Any such occurrence could harm our reputation, cause users to lose confidence in our security systems and to not make purchases on our website and also subject us to lawsuits, sanctions, fines or other penalties.
How to Sell on GMarketKorea Marketplace Integration – CedCommerce :
The economic indicators in the past few years have shown mixed signs of recovery and uncertainty, and future recovery or growth of the economy is subject cxse many factors beyond our control. At the time an amendment becomes effective, you are considered, by continuing to hold your ADSs, to agree to the amendment and to be bound by the ADRs and the deposit agreement as amended. Available International Shipping Fee Table.
In addition, to studt transactions between buyers and sellers, during Octoberwe launched a full service mobile platform whereby mobile users can browse and shop for all products available on the website.
Coupang, for example, claims its diaper prices are the lowest in the country; Coupang is presumably subsidizing the price by investing marketing dollars.
How to Sell on GMarketKorea Marketplace Integration – CedCommerce
Some even sell products at a loss for that reason. Any disaster due to accidents, human errors or other events could have a material adverse effect on our ability to provide uninterrupted services and protect our backup data and other information, and on our business, financial condition and results of operation. We believe our e-commerce marketplace is highly scalable and facilitates the sale of products in small or large quantities, to a large number of potential buyers in a convenient, cost effective and secure manner.
Products are listed for sale on our website using our GSM program. One of our successful marketing program is the on-going Fun Life Campaign, which gmarkrt launched during the first quarter of and consists of various online and offline activities.
While the facts and circumstances of each case will differ, the duty of care required of a director under Korean law may not be the same as the fiduciary duty of a director of a corporation incorporated in the United States. If you are a qualified resident in a country that has entered into a tax treaty with Korea, you may qualify for a reduced rate of Korean withholding tax with regard to any dividends paid.
Make sure you are logged into your account, and select the item you are looking for. What makes this App great is the customer service support. In addition, to the extent such information has become gmarkeh, the online service provider must remove or delete such information and provide for the possibility of posting a counter argument.
Duringwe improved our Digital Voucher Market service by including vouchers for movies, concerts and sporting events. Other events that we do not currently anticipate or that we currently deem immaterial also may affect our results of operations and financial condition. One of our experts will get back to you within 24 hours to address your query.
A reserve is recorded on our balance sheet until the coupons or stamps are used in a purchase transaction or until the sales incentive expires. Furthermore, laws prohibiting the trading of certain items e. The risks and uncertainties described below are not the only ones we face.
Our net cash generated from operating activities amounted to Won Cart Wishlist Viewed Item. The multifarious GMarket Korea Integration extension encompasses every element that facilitates selling: The forward-looking statements are based on our current expectations, assumptions, estimates and projections about us and our industry, and are subject to various risks and uncertainties.
English Site Payment Options. Additionally, Gmarket offers a daily drawing to let customers win more Gstamps and Smile Points.
We may grant discount coupons to registered users who accumulate loyalty ymarket. Consumers there often prefer marketplaces, such as 11street, shown above, as well as aggressive discounts and loyalty-reward programs. The Korean site generally shows more options, especially if you do your search in Korean. Competition for qualified personnel in the areas in which we compete remains intense and the pool of qualified candidates is limited.
Our results of operations may occasionally be impacted by other factors such as unseasonably hot weather or warm winters which delay purchases of higher margin fall or winter clothing or occurrence of extended holiday periods in which reduced shopping occurs. Product Listing and Sale.
How to Order from Gmarket like a Pro!
They are very reasonable on the programming cost. Sales on our website require the transmission and maintenance of sensitive and confidential data, including national identification numbers, bank and credit card information.
Moreover, the initiation and success of the expansion of our business in a foreign country will depend on many factors outside of our control, including the economic conditions and e-commerce market characteristics, such as the gmarkrt of broadband penetration and the availability of online payment systems, of such foreign country.