Input 2021.01.22 16:31 | Revision 2021.01.22 16:52
LG Electronics, 40% discount when buying 4-5 products together
“Discount is a dimension of customer benefit…maximization of interior effect”–
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According to the home appliance industry on the 22nd, the LG Object Collection is a little more expensive than the competing Samsung Bespoke product line in the price of individual products such as refrigerators, dishwashers, stylers, washing machines, and dryers. However, if you purchase four or more products together, the maximum discount rate is applied, and as a result, it becomes cheaper than Samsung Bespoke.
The discount width varies depending on the product purchase method, but in general, when purchasing four or more objects at the same time, the estimate of 15 million won is lowered to less than 10 million won. The cost can be saved around 5 million to 6 million won. According to the industry, it is possible to purchase at a lower price by adding benefits equivalent to discounts such as discount points and gift certificates according to card usage performance.
If you purchase a refrigerator, kimchi refrigerator, wash tower (washing machine + dryer), styler, dishwasher, light wave oven, and water purifier, which are called “full set of objects,” and a TV, etc., the discount rate may increase to 40% or more.
It is known that LG Objet is further increasing the discount range in the name of’special discount’ for people who purchase a large number of home appliances, such as newlyweds and new apartment tenants. For this reason, dozens of articles sharing discount information related to LG Objects are posted on the Internet community that shares home appliance prices and information.
An industry insider said, “Because of the high popularity of customized home appliances, LG Electronics, which has relatively late participation in the market compared to Bespoke, has strongly promoted’LG Objects’. If you say it good, it is a’combination discount’. However, these discounts were common in the home appliance industry.”
Samsung Electronics is also selling Bespoke products through a brand discount event called’Sale Festa’. For some items, such as refrigerators, the discount rate is up to 37%. However, it is understood that the price is somewhat higher than that of’LG Objects’ when buying multiple bundles.
An official from LG Electronics said, “LG object collection is a space interior home appliance, so the effect is maximized when multiple products are purchased together,” and “It provides benefits to consumers who purchase a large number of object products.” He added, “In the year-end and New Year holidays, we usually take strong promotions, but we include LG objects in the target item. We believe that the more benefits to consumers, the higher the level of customer satisfaction. The sales atmosphere is good.”
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This market is believed to have settled first by Samsung Electronics. In June 2019, Samsung Electronics unveiled a’Bispork refrigerator’ that allows you to configure door panels and colors to suit your personal taste. As of the end of last year, 67% of Samsung refrigerators sold in Korea were’Bespoke’. Thanks to its popularity, kimchi refrigerators, air purifiers, dishwashers, induction ovens, and direct fire ovens were added to the product line. In addition, it has also declared its entry into the US market through CES 2021, which closed on the 14th (local time). The cumulative shipment of Bespoke is over 1 million units.
Samsung Electronics’ consumer electronics (CE) division, which is in charge of’Bespoke’, recorded sales of 1.49 trillion won and an operating profit of 1.56 trillion won in the third quarter of last year. did.
LG Electronics is also responding to the market with a customized home appliance’LG Object Collection’ last October. It is a personalized evolution of LG Objet, an existing premium home appliance product line. The front material and color can be changed. In the case of upper-refrigerated, lower-frozen refrigerators, 145 combinations are possible, such as having different colors on each of the three doors. We prepared 11 types of refrigerators, including upper and lower refrigerators, built-in refrigerators, kimchi refrigerators, 1-door refrigerator/freezer/kimchi convertible refrigerators, dishwashers, light wave ovens, water purifiers, wash towers (washing machines and dryers), and stylers.
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