Starbucks’ Lucky Bags entice customers in Korea
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Lee Min-joo, a 43-year-old cram school teacher, made it a point to be at the Starbucks outlet near her house last Thursday at 6 a.m. She wasn’t there for the coffee – she was waiting to buy a limited edition “Lucky Bag.” Lee said she has bought Starbucks Lucky Bags for nine years in a row. She confessed that two years ago, she was in line at 5:30 a.m.
“I am a collector of diverse Starbucks products,” Lee said. “And I always get curious as to what’s in the bag.”
This year, Starbucks’ Lucky Bags are bigger than ever.
Lucky Bags were the most-searched term on the internet in Korea last Thursday and social media was abuzz with people posting pictures of the products they got in their Lucky Bags.
Four stores near Seosomun, central Seoul, were sold out before 10 a.m.
Lucky Bags are mystery bags sold at a given price, 63,000 won ($56) this year. The products contained in the bags are unknown to the customers who buy them. The value of the goods inside exceed the selling price.
Starbucks introduced its Lucky Bags in 2007 and they have become the chain’s unique annual New Year’s ritual in Korea and Japan.
One of the reasons Starbucks’ Lucky Bags sell out so quickly is their limited supply.
The total number of Lucky Bags prepared in Korea is 17,000 and each store only get 15 or so -there are over 1,200 Starbucks in Korea.
“Starbucks introduced its Lucky Bags in 2007 and they have become the chain’s unique annual New Year’s ritual in Korea and Japan.”
In 2016 the bags sold out in just five hours nationwide. In 2017, that time was shaved down to 4 hours and 40 minutes.
Each customer is only allowed to buy one Lucky Bag.
Lucky Bag devotees have now become a tribe with their own nickname. They call themselves “Sudeok,” which combines the first Korean syllable of the chain’s name as pronounced by Koreans, “Su,” with “deok,” a shortened version of deokhoo, Korea’s own version of otaku, Japan’s term for a person with obsessive interests.
The Sudeoks who purchase Lucky Bags even swap items to get the items they really want.
In 2007, the Lucky Bags were sold for 28,000 won and the price has continued to climb. The value of the things inside is said to be more than 100,000 won.
The bags often have tumblers, water bottles and coffee mugs, as well as gift coupons. This year, 1,000 Lucky Bags contained four additional free coupons.
“It’s a good marketing strategy that combines a limited edition appeal and the emotional appeal of winning a jackpot,” said Lee June-young, a professor who studies consumer trends at Sangmyung University.
But not every Lucky Bag fan is satisfied with their haul.
On social media, one disappointed fan posted a message reading, “It is not a Lucky Bag, it is an unlucky bag.” Another wrote, “The only lucky one is Starbucks.”
“I have been buying the Lucky Bags for three years, but this year I decided not to because of the 60,000 won price tag,” said Lee Hyun-jeong, a 29-year-old office worker.
Questions & Answers
Q.How much did a Starbucks Lucky Bag cost this year?
How much did a Starbucks Lucky Bag cost this year?
This year, the mystery Lucky Bags were sold at a price of 63,000 won, which is equivalent to $56. The price has increased since their introduction in 2007, when they cost 28,000 won.
Q.When did Starbucks first introduce the Lucky Bags?
When did Starbucks first introduce the Lucky Bags?
Starbucks launched its Lucky Bags in 2007. They have since become an annual New Year’s tradition for the chain in both Korea and Japan, continuing to be popular every year.
Q.What kind of items are typically found inside the Lucky Bags?
What kind of items are typically found inside the Lucky Bags?
The Lucky Bags commonly contain items such as tumblers, water bottles, and coffee mugs. They also often include gift coupons, with 1,000 bags this year containing four additional free coupons.
Q.How many Lucky Bags were available in Korea this year, and how quickly did they sell?
How many Lucky Bags were available in Korea this year, and how quickly did they sell?
There were 17,000 Lucky Bags prepared in Korea this year, with each store receiving only about 15. In 2016, they sold out nationwide in five hours, and in 2017, this time was reduced to four hours and 40 minutes.
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