Merchandise from K-pop is popular with Chinese
According to figures for the first five months of the year, 43.2 percent of customers for K-pop merchandise online are from China, Hong Kong, Macau and Taiwan.
A large part of that demand - 30.7 percent - came from Taiwan, which was the No. 1 destination for goods bought on 11st. Japan was second place (10.8 percent), followed by the United States (10.6 percent), China (6.6 percent) and Hong Kong (6.2 percent).
“Until last year, cosmetics and beauty products were the majority of items bought by foreign customers on our website,” said a spokeswoman for 11st. “But recently revenue from idol-related products, apart from CDs, has started to account for a significant proportion of our sales.”
The company just started this year to launch promotion and marketing events to sell K-pop merchandise in partnerships with domestic entertainment companies.
11st sold K-pop merchandise to 60 countries worldwide that included South America, Europe, Middle East and Africa.
Taiwanese customers had a big preference for merchandise featuring Super Junior, SHINee, TVXQ, Blackpink, iKON and GOT7, while Japanese were keen on merchandise related to Eun Ji-won, a member of Korea’s first-generation idol group SechsKies.
BY SONG KYOUNG-SON [email@example.com]
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