Used Price Plummets for 'Galaxy Buds+'... Now Cheaper Than Buds
Released at a fixed price of 179,300 won... Galaxy S20 pre-order gifts released
Unopened new products traded at around 130,000 won in secondhand trading communities
[Asia Economy Reporter Han Jinju] Samsung Electronics' wireless earphones 'Galaxy Buds+ (Plus)' have started to be sold at a discount to Galaxy S20 pre-order customers, leading to transactions in the used market at prices cheaper than the previous Galaxy Buds.
On the 4th, in secondhand trading communities, Galaxy Buds+ are being traded at around 130,000 KRW. Pre-order customers of the Galaxy S20 are selling the product they purchased for 99,000 KRW with an additional 30,000 to 40,000 KRW premium. This price is even cheaper than the Galaxy Buds released last year (159,500 KRW). Unopened Galaxy Buds are being traded at 80,000 to 110,000 KRW. The gifts given to Galaxy S20 pre-order customers, the memo printer 'Nemonic Mini' and the AI speaker 'Galaxy Home Mini,' are being sold for 45,000 KRW.
Earlier, Samsung Electronics started issuing discount coupons for Galaxy Buds+ (regular price 179,300 KRW) to consumers who pre-activated the Galaxy S20 from the 2nd, selling them at 99,000 KRW. Although Galaxy S20 pre-orders began on the 26th of last month, purchases with the Galaxy Buds+ discount coupon became available from the 2nd, resulting in a large influx into secondhand trading communities.
Even when ordering Galaxy Buds+ from Samsung Electronics' official website, it takes about a week to receive the product. From midnight on the 2nd, when the pre-order promotion started, the website was down for about an hour due to heavy traffic. An industry insider said, "Selling the new Galaxy Buds+ at 50,000 KRW lower less than a month after its release may give the impression that the regular price is expensive."
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According to market research firm Counterpoint Research, over 8 million units of Galaxy Buds were sold globally last year. In the wireless earphone market share, Apple (47%) ranked first, Xiaomi (6%) slightly ahead of Samsung (6%).
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