User:MameQ singapore/sandbox/Qoo10 Singapore

About Qoo10

Qoo10 is known as one of the major players of retail E-commerce in Asia. Founded in 2010, the Qoo10 brand is managed by Giosis Pte. Ltd. - a joint venture company formed with eBay, the world's largest online marketplace, to become Asia's leading online marketplace. Giosis Group currently operates 7 localized online marketplaces across 5 countries, namely Singapore, Japan, Malaysia, Indonesia, and China.

As of October 2015, the daily traffic of Qoo10.sg hits 4.4million daily in average. Currently ranked 10th out of all the websites in Singapore, Qoo10 is also the #1 under the shopping category.

According to the company, Qoo10 prides itself to embody the following traits.


 * 1) History

Formerly known as Gmarket, the giant eCommerce was re-branded to Qoo10 in the year 2012. Only one Gmarket remained, in Korea, which is under eBay's control.

The new Qoo10 logo was officially unveiled on May 2, and the main shareholder behind Qoo10 is actually Giosis Gmarket International.

With the re-branding, the company hopes to expand to global market from Asia and branding is the step towards this goal.

1.1 Milestones

May 2012: Re-branding to Qoo10

October 2012: Qoo10 Mobile App Celebrates 1st Birthday

2. Services & Features

2.1 Website

Qoo10 acts as the middle-man, bridging the gap between sellers and buyers by offering sellers customisable sales strategies & buyers an extensive product portfolio.
 * Qoo10 to sellers: Instead of a physical store, Qoo10 provides an online platform for sellers to display their products through pictures and descriptions. Since item listing on Qoo10 is free, sellers are only charged whenever there is a transaction. Qoo10 also allows their sellers customisable sales strategies.
 * Qoo10 to buyers: Qoo10 provides an extensive list of product portfolio for buyers . According to an interview with Jaesun Yoo, Operations Manager of Qoo10 Singapore, there are 4.2m items listed on the online marketplace on Singapore’s Qoo10 website, Qoo10.sg, as of October 2015. Users can also shop safely as Qoo10’s internal Seller Quality Management team ensures quality control over the items listed on Qoo10’s page. User reviews and ratings are also available for users to ponder upon before spending.
 * Qoo10’s ongoing promotions: Qoo10 uses several promotion tactics on their website daily
 * Time Sale: Daily time-limited promotions in these given time slots - Everyday 00:00 - 10:00 / 10:00 - 17:00 / 17:00 - 24:00
 * Daily Deal: New items put up every day, lasting 24 Hours by limited quantity
 * Group Buy: Group Buys are when you get to buy an item at a special discount because a bunch of other people are buying that same item. Items are up for Group Buy through varying periods, decided by the seller
 * Q-chance Sale: Use Q-stamps (which can be collected through Q-ticket, Roulette Q, and submission of feedback and reviews) to activate sales price
 * Lucky Price: Using MameQ to bid for high-ticket items (i.e. Prada wallet, TV, Apple watch). The person who has the lowest unique bid wins the item.

2.2 Mobile Applications
 * Qoo10 SG (available on iOS and Android)
 * With over 15,000 reviews and ratings, Qoo10's mobile app allows their users to shop on the go and seize best deals anytime and anywhere. E-tickets are now redeemable from your devices without having to print them out and delivery status of your purchases are updated in real time. The application is Free and available on both iTunes and Playstore.
 * Qtalk (available on iOS and Android)
 * Smart and Private Communicator developed by Qoo10. Qoo10 users get to enjoy free callpoints and conference calls through this app. Group messaging conversations and calls can be made easily and members get to earn affiliate fees and receive exclusive benefits through this communication app