Muktaekkang emerging as Korea's 'Pokémon Bread 2.0'
Published: 01 Aug. 2023, 15:08
Updated: 01 Aug. 2023, 15:37
Over 2.13 million bags of Muktaekkang were sold in the four weeks since Nongshim launched the snack on June 26. This translates to 73,400 bags daily, on par with sales numbers for Honey Twist Snack, the food maker’s second-best-selling snack, during the period.
Muktaekkang is sold at convenience stores, supermarkets and discount stores, and is being early sought out by fans amid its rising popularity. Muktaekkang chasers get hints from online communities and convenience store apps to track down supplies.
It took this reporter 34 stops to convenience stores and 8 stops to discount stores before finding a bag in Yangcheon District, western Seoul.
“Around four bags of Muktaekkang come in every day, but they often don’t even make it to the shelf because people pick them right up as soon as the grocery truck unloads them,” a manager of a CU convenience store in Incheon said.
The bags rarely stay in stores for more than half an hour, and customers who miss the grocery truck’s arrival time pull personal favors to keep them aside, the manager claimed.
“It’s Pokémon Bread 2.0.”
SPC Samlip’s Pokémon Bread, which gets its name from the collectible Pokémon stickers inside each package, had Pokémon fans lining up in front of stores when the products were re-released for the first time in 16 years in February last year.
Muktaekkang, priced at 1,700 won per bag in stores, is sold at around 4,000 won per bag on online flea markets.
Nongshim put a limit on the number of Muktaekkang bags users can purchase at its online mall. Sales for 200 boxes open twice a day at 9 a.m. and 2 p.m., with each user limited to four bags, but even then the supply sells out within a few minutes.
When TMON, an e-commerce platform, opened a deal selling 3,680 bags of Muktaekkang on July 19, they sold out in 44 seconds.
Such frenzy has some consumers criticizing Nongshim for implementing hunger marketing. Hunger marketing is a strategy that involves offering products on limited stock to increase consumer demand.
Orion’s chocolate churros-flavored Kkobuk Chip, released in September 2020, was another hard-to-get snack with 100,000 bags sold on average daily, eventually surpassing 11 million bags sold four months into its launch.
Nongshim upped Muktaekkang production at its Busan plant by 30 percent in July 10 by maximizing the operation rate of existing dried pollack cracker lines. Starting Tuesday, the company added more capacity by replacing less-popular snacks' production lines with Muktaekkang lines at the plant.
The boost allows the plant to pack 75,000 new bags daily.
“We’re trying to meet consumer demand as much as possible with what we have on hand,” a Nongshim spokesperson said.
The main reason why food makers refrain from running at full speed is fears that a hit product could end up a fluke, like Paldo’s Kokomen ramen noodles.
Kokomen is a chicken broth-flavored ramen launched in 2011 based on a recipe that won second place in a ramen competition on a TV program. Named after the onomatopoeia of a chicken’s call, Kokomen rose to stardom immediately after its release, with 100 million units sold in 168 days.
In January 2012, Kokomen sales plummeted 50 percent on month and halved again the following month as consumers reverted to red, spicy noodles. Kokomen sales in the fourth quarter of that year were one-tenth of the first quarter.
Having witnessed Paldo learning the lesson the hard way, SPC Samlip, Orion and Haitai remained prudent when their Pokémon Bread, Kkobuk Chip and Honey Butter Chip products had consumers going on open rushes.
These bygone superstars are currently easily found in stores and are no longer secondhand deals.
BY SOHN DONG-JOO [sohn.dongjoo@joongang.co.kr]
with the Korea JoongAng Daily
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