Zipdoc, an interior comparison-quote brokerage service, announced that it achieved a monthly transaction value of 10 billion won as of this past July, marking an all-time high.
As of this past May, Zipdoc recorded a monthly transaction value of 9 billion won, setting a new all-time high since its official service launch in August 2015.
Its cumulative transaction value to date stands at 120 billion won, representing a year-over-year growth rate of 488%. With this upward trend, the company expects to reach a cumulative total of 100,000 quotes between the third and fourth quarters of this year, and anticipates that its cumulative transaction value will surpass 200 billion won by early next year.
According to the Construction & Economy Research Institute of Korea, the domestic interior remodeling market was worth 28.4 trillion won last year and is projected to expand to 41.5 trillion won by 2020. According to Zipdoc's internal data, only about 1% of this has moved to online brokerage, making it a market with strong growth potential.
Having formed partnerships with some 450 interior companies nationwide in the interior brokerage service market, Zipdoc currently operates interior and construction brokerage platforms, offering both a web page and a mobile app.
With as many as 5,000 interior quotes per month, Zipdoc brokers interior companies based on a matching system optimized for customers across the country and provides a free on-site quote service.
Any problems that may arise between customers and companies during interior construction are mediated free of charge by Zipdocman, on-site managers with more than 10 years of interior experience. Through the introduction of an escrow safe-payment service, the company prevents consumer damage from interior payment fraud in advance.
In addition, it has extended the existing one-year interior defect-repair period to three years, providing an environment in which consumers can receive genuine after-sales service.
Recently, as part of 'Zipdoc 2.0,' a major enhancement of its existing services, the company declared a 100% reconstruction policy and a one-on-one dedicated management policy, introducing a responsible management system across the entire interior process.