BANGKOK–(THAI BUSINESS NEWS)–Jun. 26, 2020
KASIKORNBANK (KBank) has teamed with WELLNESS departmentstore to allow customers to shop for wellness and beauty goods and services from leading operators across the country seamlessly on K+ Market via K PLUS. Customers can even redeem their KBank Reward Points to purchase products on this platform.
Mr. Wirawat Panthawangkun, KBank Senior Executive Vice President, said that K+ Market is a platform on the K PLUS application that links potential buyers – now topping 13 million – to more than 900 merchants including manufacturers, distributors, brand owners, and small operators in businesses such as food and beverages, wellness and beauty, maternity and child, apparel and jewelry, electrical appliances and electronic equipment, as well as entertainment and other lifestyle products.
Since its launch, more than 9 million customers have accessed the K+ Market page. KBank has screened businesses to allow only copyrighted products and quality merchants with online sales experience on this platform. Customers can pay by cash or redeem their KBank Reward Points for attractive deals on K+ Market. Soon they will be able to make payment with points under the loyalty programs of KBank’s partners and credit cards.
Mr. Wirawat added, “The cooperation between KBank and WELLNESS departmentstore not only offers eight health and beauty entrepreneurs in Bangkok and other major tourist cities, such as Chiang Mai, Hua Hin, Phuket and Pattaya, to sell their products online, but has also helped promote sales among businesses that have been hit by the slowing economy as a result of the COVID-19 pandemic. In addition, the collaboration has given our customers opportunities to use their reward points, allowing them to get products or services that better meet their needs as there is a diverse range of products and services available on K+ Market for all lifestyles, together with a special discount of up to 1,000 Baht for K PLUS customers.”
Mr. Songwut Trithepchulyakul, CEO and founder of WELLNESS departmentstore Co., Ltd., said that one of Thailand’s main sources of income is the health, hotel and spa industry, as such services have steadily gained in popularity among Thais and foreign nationals. This industry has been substantially hurt by the COVID-19 pandemic since the beginning of 2020.
For this reason, WELLNESS departmentstore Co., Ltd. sees great potential in the online provision of health and beauty products and services, and is proud to be a representative for many leading businesses in this sector, including Chiva-som, Panpuri, Oasis and Let’s Relax spa, to name just a few. A wide selection of products and services is available on the K+ Market platform via K PLUS, which is at the forefront of digital banking. This cooperative effort on K PLUS, with over 13 million users, and their collective purchasing power, will allow for the promotion of health services in wider circles, while also encouraging sustainable growth of hotels and spas – which would positively impact the Thai economy and enhance the competitiveness of Thai hotels and spas in the future.
Products and services which are under the WELLNESS industry group will be distributed on K+ Market from June 25, 2020 onwards, with a discount of up to 40 percent on purchases of any products and/or services until November 30, 2020. To view a step-by-step guide to shopping on K+ Market via K PLUS, please visit https://kbank.co/38IhY1l.