Samsung Asia and SK Planet partners in SEA for e commerce growth

[L-R] Grace Yi, Director, Regional Online Business Team, Samsung Electronics Southeast Asia and Oceania; Seyong Oh, Regional CFO, Samsung Electronics Southeast Asia and Oceania; Sanghoon Lee, President, Samsung Malaysia Electronics; Yong Chul Jo, President, Thai Samsung Electronics; Han Sang Lee, Senior Vice President, Future Strategy Division, SK Planet; Yong Sung Jeon, President & CEO, Samsung Electronics Southeast Asia and Oceania; Junsung Lee, CEO, Elevenia; Hoseok Kim, CEO 11street Malaysia; Hong Cheol Jeon, CEO 11street Thailand and Jong Hwan Koh, Director, Global Business Office, SK Planet
Samsung signed an agreement with 11street for their products to by promoted through the e-commerce’s marketplace. The memorandum signed in Singapore by SK Planet and Samsung Electronics Southeast Asia and Oceania will promote Samsung’s brand presence, and provide access to Samsung’s products in SEA through 11street Malaysia, 11street Thailand and Elevenia in Indonesia.

The Samsung Shop-in-Shop page allows consumers to easily search, browse and purchase Samsung products, as well as gain access to online-only products and pre-sale offerings. Bringing speedy delivery and hassle-free product installation by Samsung Authorised Distributors, 11street consumers will also have access to promotional discounts from Samsung via 11street Malaysia.

This partnership was proven to be successful in Korea and both companies seek to replicate that success in the SEA market. SK Planet grew their brand as an e-commerce platform in Korea, before venturing into the global market in 2013 starting with Turkey’s N11.com, followed by Elevenia in Indonesia two and a half years later, 11street Malaysia the following year, and most recently 11street Thailand. Globally, 11street has positioned itself as a leading service provider in Southeast Asia and Turkey.

Han Sang Lee, Senior Vice President, Future Strategy Division, SK Planet and Yong Sung Jeon, President & CEO, Samsung Electronics Southeast Asia and Oceania

Hoseok Kim, Chief Executive Officer of 11street Malaysia said: “We are forging a stronger alliance with Samsung to increase our offering of handheld devices and consumer electronics products to our consumers. We look forward to supporting Samsung in strengthening their product stronghold in Southeast Asia, and will leverage our platform to offer their range of quality products to our consumers.”

“We see an increase of online purchases made via mobile from the outlying cities, we are glad to collaborate with 11street as one of our online partners to enhance our loyal and potential consumer’s online shopping experience. With only just a click away, we want Malaysians to experience the whole Samsung ecosystem!” said Lee Sang Hoon, President of Samsung Malaysia Electronics.

In conjunction with opening the SEA chapter of the partnership, consumers will get to enjoy a series of promotion starting March 2017. These include extended warranty, free installation and free delivery for selected home appliances and electronics offered directly by Samsung’s official and authorized sellers.

There will also be a monthly ‘Samsung Day’ that will provide consumers with value for money through flash deals with shocking discounts, credit rebates and exclusive bundles.

 

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