Lotte ON, Overseas Direct Purchase Sale Week... "Taking Steps to Stabilize Prices"

Securing Popular Product Inventory in Advance... Minimizing Exchange Rate Fluctuations

Lotte ON is holding an 'Overseas Direct Purchase Sale Week' this month. (Photo by Lotte ON)

[Asia Economy Reporter Lim Chunhan] Lotte On announced on the 3rd that it will hold the 'Overseas Direct Purchase Sale Week,' featuring about 10,000 diverse products this month.

During this event, until the 7th, autumn and winter new fashion items, luxury goods, beauty products for moisturizing and immune care during the changing seasons, and health supplements will be showcased. From the 9th to the 11th, in celebration of 'Direct Purchase On Day,' popular overseas direct purchase products from previous years will be restocked and sold at discounted prices.

Lotte On is working with major sellers to stabilize prices for overseas direct purchases. They have pre-secured inventory of more than 150 popular products frequently purchased by customers through overseas direct purchase, and have agreed with sellers to minimize exchange rate fluctuations and sell these products at discounted prices. Additionally, up to 12% discounts and an extra maximum 10% instant card discount are offered on about 10,000 overseas direct purchase products.

A Lotte On representative said, “Through securing inventory and price negotiations with major sellers, we are lowering prices and acquiring products that are difficult to purchase domestically due to not being released or being out of stock, striving to resolve difficulties customers face when using overseas direct purchase.”