Service
K-fashion wholesale transaction No.1
Launched in July 2013, Sinsang Market is a platform that connects Dongdaemun fashion wholesalers and domestic and foreign retailers. The whole process of transaction between wholesalers and retailers can be carried out in Sinsang Market. As a platform with more than 80% of Dongdaemun wholesalers signed up, the average number of wholesale product uploads per month is 1.3million, and the accumulated number of uploaded products is over 76million.
Active wholesale stores
11,000
Active retail stores
120,000
Average daily transactions
24,000
Service
All-in-one K-fashion Fulfillment
In February 2021, the all-in-one fulfillment service 'Dealibird' was officially launched. The fulfillment logistics center is located in Dongdaemun, the center of K-fashion, on an area of 9,300m^2. Dealibird is a B2B2C service that connects wholesalers, retailers, and end customers at once. In particular, Dealibird handles the entire process of buying, inspection, inventory management, and delivery to customers, which is neccessary for retailers to sell products.
GMV Growth rate in 2021
900%
Service
One-stop shooting service by Sinsang Market
As a one-stop service, we, Sinsang Market, pick up the product from the wholesaler, arrange a photoshoot and list the product on the platform once a wholesaler selects a desired shooting product and schedule. The photoshoot concept will be decided by a wholesaler. A wholesaler will have the product returned in a week from the final product image out.
Rate Growth rate of total order number
94.6%
Growth rate of total order amount
67.3%
*Measure sales increase in Sinsang Market when using Sinsang Studio
Service
Your business growth partner
On Sinsang Market, where the retention rate of fashion retailers reaches 93%, you can easily advertise your products to retailers without time and space restrictions through Sinsang Ad. 1 in every 5 Dongdaemun wholesalers is already using Sinsang Ad.
Number of wholesaler's customers growth rate
52%
Wholesaler's order volume growth rate
54%
*Comparison of before usage of Sinsang Ad in '20 Q1 and after usage in '21 Q1