Popular Cost-Effective Products Amid High Inflation Situation
[Asia Economy Reporter Lim Chun-han] NS Home Shopping announced on the 12th that it selected and announced the best products based on the number of sales throughout this year.
According to NS Home Shopping, the number one product was the kitchen item ‘Cooksel Frying Pan Set’ (208,000 units sold). The ‘Charmzone Basic Set’ sold about 160,000 sets, ranking second among the best products. This is analyzed to be mainly due to the overlap of the endemic (periodic outbreak of infectious diseases) and high inflation situations, leading consumers to seek products necessary for maintaining life at home.
Food for home-cooked meals also received many consumer choices. Seasonal seafood such as ‘Kkotgejang’ (marinated crab) ranked third, ‘Wando Live Abalone’ ranked seventh, and ‘Domestic Cut Kkotge’ ranked eighth. In addition, health foods such as ‘Ildong Foodis High-mune Protein’ in fourth place and ‘Lee Gyeong-je Black Goat Extract’ in sixth place were also popular.
An NS Home Shopping official said, “As consumers face difficulties due to high inflation, they tend to close their wallets and spend more time at home.” He added, “In this sluggish consumption situation, NS Home Shopping’s top 10 products were mainly cost-effective items used at home.”
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