8 key facts about South Korea Digital Marketing Landscape

Hi there,

This is part of my series about digital landscape and e-commerce landscape in China, Japan and South Korea. If you want to download the presentation version, you could try this Google drive link or slideshare.

Jan 2019 update: since this post is quite dated, back in 2016, here is the updated version “8 key facts about South Korea Digital Marketing landscape (updated Jan 2019)”.

1. South Korea has 34.6M mobile phone internet users in 2015 (with penetration rate of 82%, higher than JP at 67% and lower than China at 87%)

south korea mobile internet users in 2015

2. Weekly, internet users in South Korea spends about 14 hours online or about 2 hours/day (less than 3 hours/day from Chinese users)

weekly time spent accessing the internet in south korea Oct 2015

3. Digital ad spending surpassed TV ad spending in 2015 in South Korea ($2.94B,  34% of total media ad spending)

digital ad spending in south korea vs tv ad spending 2014 - 2018

4. Majority (54.4%) of South Korea digital ad spending was on mobile devices in 2015

korea mobile ad spending dominates total digital ad spending in 2015

As you could see from the graph, South Korea has the highest percentage of mobile ad spending in total digital ad spending in the world.

5. Search Ad Spending still commands more than half of the digital ad spending consistently in South Korea

search ad spending and display ad spending in south korea 2014 - 2018

6. 59% of Mobile Display Ad spending is In App ($972.5M) vs. Mobile Web (41% or $675.7M) in 2015

mobile in app display ad spending in korea vs mobile web in 2015

Advertisers in South Korea spent more money on display in-app banner vs mobile web in 2015, similar to other countries.

7. Admob, “Cash Slide” and “KakaoTalk Plus Friend” are the top 3 Mobile In-App Ad Networks in South Korea in terms of Ad Revenue

top 10 mobile in app ad networks in south korea by ad revenue 2015

8. South Korea is the 6th largest retail e-commerce market ($38.8B) in the world, while UK digital buyer spends the most online on average ($2,447/year)

south korea retail ecommerce sales and spend per digital buyer in 2015

Any comments are welcome,

Thanks,
Chandler

P.S: in another unrelated topic, I recently published a book about team management on Amazon so feel free to check it out.

P.S.S: again since this post is quite dated, back in 2016, here is the updated version “8 key facts about South Korea Digital Marketing landscape (updated Jan 2019)”.

  1 comment for “8 key facts about South Korea Digital Marketing Landscape

  1. February 11, 2017 at 10:05

    Great post about online marketing in Korea.

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