[Lifehacks] With Korea’s thrift marketplaces, it gets a little easier to balance the budget

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[SHUTTERSTOCK]

Whether you live in a dorm or a studio apartment, everyone has an endless list of everyday necessities that they need to buy. But for the student who doesn’t have that much money, it’s not easy to afford everything.

If you’re worried about balancing your budget and spending, online used marketplaces could be the answer.

Nowadays, the number of online transactions is increasing due to the pandemic and the used goods market is growing rapidly. From everyday necessities to Gifticons and Kpop items, almost everything is sold through the apps.

In this article, Korea JoongAng Daily takes a look at three commonly used second-hand trade applications and how to use them.

Danggeun Market

Danggeun Market

Danggeun Market

What is it?
Second-hand purchases are mostly made online and often involve the tedious task of packing items into shipping boxes and waiting two to three days for them to arrive. But the Danggeun market changed the way second-hand trade works.

In the app, people choose which neighborhood they live in, confirm their address, and can only trade between their neighbors.

After confirming your address, you can check out the products your neighbors are selling.

Since sellers and buyers live close to each other, most users of Danggeun Market meet in person to hand over purchased goods.

It’s safer than sending deliveries as you don’t have to reveal your personal details like your address. In addition, you can buy a product after meeting with the seller and checking the condition.

What’s special?
There is an indicator called “Manner Temperature”. Everyone’s temperature starts at 36.5 degrees Celsius (97.7 degrees Fahrenheit) but increases as the seller gets good reviews from previous buyers. Users can look at past reviews and see how quickly the seller responds to check if they are reliable.

You can also use Danggeun Market as a guide for your neighborhood. It’s hard to know where to find a nice coffee shop unless you’ve lived here in Korea for quite a long time. There is a bulletin board in the app where your neighbors can leave reviews and participate in or organize online and offline meetings with neighbors who have similar interests.

Tips for users
It is usually more common for buyers to go to a seller preferred location. If you want to look at a larger variety of goods, try picking two locations as your neighborhood. One where you actually live and another where your university is, or a neighborhood you go to regularly because you have a part-time job there. This allows you to see products listed in both neighborhoods.

Bungae Janger

Bungae Janger

Bungae Janger

What is it?
Bungaejangter is another second-hand trading application. Unlike Danggeun Market, you can buy and sell things from anyone without being limited to your neighborhood.

Since Bugaejangter is an app with a wide range of trades, you can find more products without being limited to your neighborhood.
Because trading is nationwide, users of the app typically ship items to buyers via parcel post.

What’s special?
There is a secure payment system called Bungaepay. If the buyer pays with Bungaepay, Bungaejangter will keep the money until the buyer receives the product. When the customer confirms that they have received the product, Bungaejangter will send the money to the seller. However, there is a 3.5 percent commission, but using the service protects your money.

Since you don’t meet the buyer to receive the items, you need to be more careful when checking the product quality. If you’re not sure, just ask! Users can chat with “Bungaetalk”, the app’s messenger system, and request further information such as product images.

You can check if the seller has cheated anyone in the past by visiting a website and application called “the cheat” (thecheat.co.kr) or the National Police Agency website (www.police.go.kr) . All sellers must verify their names in order to register products they wish to sell.

The app also has a three strike law that will suspend the account if the seller is found to be violating the community guidelines or cheating on buyers three times.

Tips for users
When buying expensive goods on Bungaejanger, you can pay in interest-free installments. Not every seller may offer to accept payments in Bungaepay, so use the Safe Payments filter when searching for a product so you don’t have to ask if Bungaepay is available. If you want to use the secure payment filter, check the red box when searching for a product. The red icon means Bungaepay is available.

‘Everytime’ market board

every time

every time

What is it?

Everytime is a must-have application for students studying in Korea. From tips on campus life to lectures, you will receive a wide range of information.

Each university has its own private online board and access is only granted to students who verify themselves with their student ID cards.

To buy second-hand items in the app, go to the Market Board section.

Students freely buy and sell supplies such as Gifticons, cosmetics, and tickets in the department.

The seller can courier items to the buyer, but since they all come from the same university, it’s much better to meet up with the seller and get what you bought directly.

What’s special?
As with other applications, the folks at Everytime offer to give away some items for free, known as Nanum, or share in Korean. As this is an application for university students, the items given away on Everytime are mainly course materials and textbooks.

There are many freebies in the Nanum category of the market board, so you can get some course materials such as scientific calculators and textbooks for free.

There are many book gifts, especially at the beginning and end of the semester. So if you’re someone looking to save some money, keep an eye out during these periods.

Tips for users
Everytime is an app where people post anonymously, so be sure to share contact info and just use the built-in Everytime messenger. Everytime isn’t just an app for second-hand purchases. The Studio Apartments category displays rental ads for renters offering to rent studio apartments for a short period of time. Current residents are also uploading posts and trying to find people to move in when they move out.


☞ Five things to distrust before buying

#1 Products that are too cheap
#2 When the seller’s name and their bank account name don’t match
#3 When the seller avoids direct trading even on apps like Danggeun Market and Everytime
#4 When the seller fails to provide specific information about the product they are selling or avoids sending pictures of the product.
#5 When the seller tries to communicate with KakaoTalk instead of the application messenger

BY STUDENT REPORTER KIM YOON-JEONG [[email protected]]

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