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Premium Talking Tips: Slow Economy Boosts Demand for 2nd-Hand Products

Don’t have any idea on what topic to discuss for Premium Talking today? Then, please check out this article by The Chosun Ilbo.

 

 

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Source: Pixabay

 

 

The sluggish economy has spurred demand for second-hand products, one of very few areas of business that are booming in Korea.

The market for second-hand products excluding cars is scaled at around W20 trillion, according to industry experts (US$1=W1,114). Up until 2008, the market for second-hand products was worth only W4 trillion, but it has since grown five-fold.

-The Chosun Ilbo

 

 

To read the full article, please click here.

Article Source: The Chosun Ilbo

To see the slides, please use this link:

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