WEMAKEPRICE Rental Service Sales Up 134%... "Sharing Economy Boom"

Since Starting Rental Service in 2017, Sales Steady... 45 Brands and 2000 Products Listed

[Asia Economy Reporter Kim Cheol-hyun] Wemakeprice announced on the 18th that its rental service sales in March increased by 134% compared to March 2018, the early stage of the service, recording the highest monthly sales ever.

During the same period, sales by item significantly increased: pet supplies (17 times), TVs (8 times), dishwashers (7 times), bidets (4.9 times), refrigerators and kimchi refrigerators (3.3 times), air purifiers (3.3 times), and water purifiers (2.7 times). Wemakeprice started its rental service in June 2017 and has been continuously growing for about three years. Currently, the Wemakeprice rental section hosts about 2,000 products across approximately 40 product categories from 45 brands. The product range is diversifying into premium and high-performance items in home appliances such as water purifiers and bidets.

Building on this momentum, Wemakeprice is also holding a 'Rental Festival' event until the 31st. Customers who sign service contracts during the period will receive gifts and point benefits. Detailed information can be found on the Wemakeprice website. Lee Seung-won, head of Wemakeprice Biz Rental Part, stated, "Recently, unique rental products such as pet dryer rooms for companion animals have been increasing, and the rental share of home appliances like TVs and refrigerators is also growing. In particular, Wemakeprice offers various benefits through monthly rental promotions with different concepts," he said.

This content was produced with the assistance of AI translation services.