Zigzag, Up to 4x Sales Increase for Small and Medium Shopping Malls After Introducing Integrated Payment
Monthly Sales of Shopping Malls with 'Jet Payment' Under 10 Million KRW Increased Up to 4 Times
[Asia Economy Reporter Kim Cheolhyun] Croquis.com (CEO Seo Jeonghoon) announced on the 23rd that the monthly sales of small and medium-sized shopping malls that introduced the integrated payment service 'Z Payment' on the women's shopping application 'Zigzag' increased up to 4 times.
Zigzag explained that it confirmed this sales increase by comparing the sales of 468 shopping malls with monthly sales under 10 million KRW that joined Z Payment from February to April this year, comparing the month before joining and the month after joining.
Shopping malls with monthly sales under 10 million KRW saw an average 1.5 times increase in monthly sales after joining Z Payment. Among them, 52 shopping malls, accounting for about 11%, recorded a 4-fold increase in sales after joining, and 62 shopping malls, accounting for 13%, doubled their monthly sales. Regardless of sales size, overall shopping malls that joined Z Payment in the last 3 months showed an average 1.5 times increase in sales compared to the month before joining.
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A Croquis.com official said, "The convenient shopping system that allows customers to put products from multiple shopping malls into one cart and make a single payment provides a positive shopping experience, leading to continuous sales growth for shopping malls that joined Z Payment, and especially, smaller shopping malls can gain opportunities for sales improvement as long as they have competitive products. We plan to continue support through various methods such as marketing and fast settlement."
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