Oasis Market "Non-food Expansion... Full-scale Launch of 'Brand Mall' with Lowest Prices"
[Asia Economy Reporter Yuri Kim] Oasis Market, a fresh food dawn delivery company, is officially expanding its business into the 'non-fresh food sector.'
On the 25th, Oasis Market announced, "We have launched the 'Oasis Brand Mall' service, competing with the lowest prices," adding, "By not charging sellers any fees other than payment (PG) fees, we are able to offer consumers brand products at the lowest prices."
Since its establishment, Oasis Market has promoted 'unprecedented prices' in the fresh food sector and said it has introduced the same pricing policy to the 'Brand Mall.' By not charging any fees other than payment fees, the burden on sellers is reduced, enabling the company to offer consumers dramatically discounted prices. Shipping fees for 'Brand Mall' products are also unified as free regardless of product price.
The company explained that this strategy has also helped secure tenant companies. A company representative said, "News of no fees has spread to companies looking to expand their online sales channels, resulting in many inquiries about joining," adding, "In less than two weeks since launching the 'Brand Mall' service, over 50 brands have joined, selling about 30,000 products."
Oasis Market stated, "We will strengthen the assortment so that all items consumers seek are available, but only introduce high-quality brands through thorough curation based on the rigorous inspections we have conducted so far." Currently, eco-friendly clothing brand 'DUXS,' eco-friendly baby products brand 'Jjobi,' and French organic kids cosmetics 'Natessance' have joined.
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Choi Woosik, CEO of Oasis Market, said, "We have expanded the unique color and experience Oasis Market has built in the food sector to a broader field through the 'Brand Mall,'" adding, "We will further expand the 'Brand Mall' so that consumers can shop more conveniently and reasonably at Oasis Market."
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