Crowds Flock to Starbucks at Dawn... "Willing to Pay 5 Times More" as Merchandise Hits Jackpot Again
Starbucks Tumbler Keyring Priced at 9,000 Won
Sells Out Nationwide in Less Than a Day
Resale Prices Reach 5 Times the Original
Limited Editions and MZ Generation Deco Trend Drive Demand
The limited-edition miniature tumbler keyring recently released by Starbucks Korea is enjoying explosive popularity, with its resale price soaring to unprecedented heights. On secondhand trading platforms, the product, which was originally priced at just 9,000 won, is now being traded for over 40,000 won-more than five times its original price. This phenomenon is attributed to a combination of factors: the desire to collect limited-edition merchandise, the decoration trend led by Millennials & Gen Z, and the rise of the "Feelconomy," in which mood and emotion, in addition to necessity, meaning, and experience, drive consumer spending.
Miniature tumbler keyring released by Starbucks Korea on the 21st. Photo captured from Starbucks Korea Instagram.
View original imageSold Out on Release Day... "Failed Open Run" Reviews Pour In
On November 21, Starbucks Korea held an event where customers could purchase the keyring for an additional 9,000 won with any beverage. The product, released in two colors-pink and signature white-was made from the same material as actual tumblers and featured a lid that opens, making it practical for storing small items. Its size is perfect for holding lip balm or wireless earbuds.
Despite a purchase limit of two per person, the keyring sold out at over 90% of Starbucks stores nationwide on the day of release, demonstrating its immense popularity. Online, reviews such as "Failed open run," "It sold out right before my eyes," "I bought one in the morning and tried to get another at lunch but it was already sold out," and "I waited in line but still couldn't get one" have been posted in quick succession.
"Best Merchandise Ever"-Explosive Response on Social Media... Active Trading Despite a Fivefold Premium
Even after selling out, online communities and social media have been flooded with posts like "I want it so badly," "Why am I only seeing this now?" "The pink one is insane," and "Please restock it," reflecting the continued explosive response. As of November 24, a related Instagram video had surpassed 2.95 million views. The video received enthusiastic comments such as "As soon as I put it on my bag, the vibe is complete," "The material is exactly like a real tumbler," and "Best merchandise ever."
As a result, the resale price has skyrocketed, turning the situation into a full-blown "merchandise frenzy." In fact, posts selling the keyring are continuously appearing on the secondhand platform Danggeun Market. Even though the price has surged to over 40,000 won per item, transactions remain brisk, with most listings already marked as "sold." New purchase requests are also being posted. On this day, a buying post titled "Advance payment available. Looking to buy Starbucks mini tumbler keyring" appeared on Danggeun Market.
Starbucks miniature tumblers are being sold for 40,000 won each on Danggeun Market. Screenshot from Danggeun Market
View original imageThe "Feelconomy" Drives the Craze... Consumption Now in the Realm of Emotion
A Starbucks Korea representative said, "The decoration culture trend among Millennials & Gen Z has been the driving force behind the popularity of this keyring," adding, "Since this is the first time we've released a keyring in the shape of a tumbler, the unique design drew even more attention." The company clarified that "there are currently no plans for additional sales."
Experts interpret this phenomenon as a prime example of the rapidly spreading "Feelconomy" trend. Feelconomy, a portmanteau of "feel" and "economy," refers to the trend in which emotion and atmosphere have become major motivations for consumer purchases. The criteria for selection are now based not just on functional needs, but also on the emotions and experiences a product provides. Whereas consumers once focused on "what to buy," they are now more interested in "what moments to enjoy" and "what feelings to experience."
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