Activation of Transactions for Used Products through Inspection and Certification
[Asia Economy Reporter Kim Cheol-hyun] Bungaejangter (CEO Lee Jae-hoo) announced on the 19th that it will launch an authentic product verification service called the 'Authenticity Inspection Service.' Noting the active trading of luxury goods and sneakers, Bungaejangter has been accumulating related know-how by consecutively opening offline stores last year. Through the launch of the 'Authenticity Inspection Service,' the company plans to create a more convenient and safe environment for trading secondhand luxury goods and sneakers.
The secondhand trading authenticity inspection service introduced by Bungaejangter is a method where Bungaejangter's professional inspection team certifies the authenticity of branded products on behalf of individuals trading secondhand luxury goods or sneakers. When a buyer interested in a transaction appears, the seller sends the product to Bungaejangter's inspection center, and after inspection, the authenticated product is delivered to the buyer by Bungaejangter.
Sellers can receive the inspection service even if product accessories are missing, and buyers can safely trade products that have undergone authenticity verification. Through this, Bungaejangter expects the secondhand trading of high-value luxury brands to become more active. The authenticity inspection service will start with 20 brands in the luxury and sneaker categories. The range of service items will be gradually expanded.
Since December last year, Bungaejangter has also been operating a consignment sales service utilizing the brand secondhand authentication service. The consignment sales service is characterized by Bungaejangter handling all sales processes. From product photography and listing to customer response, packaging, and delivery, Bungaejangter manages the entire transaction on behalf of the seller.
Choi Jae-hwa, Chief Operating Officer (COO) of Bungaejangter, said, "We are now in an era where even secondhand transactions are safely conducted with certified used products," adding, "We hope Bungaejangter will establish itself as the 'holy ground of branded secondhand trading,' where there is no hesitation in buying secondhand products that match personal tastes, and where secondhand products can be traded conveniently and safely."
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