Korean Painter Kim Hyun Jung ARTIST Hyunjung KIM

Newsworker | [Newsworker_Woori Card] ‘Kadeu-ui Jeongseok’ Proves Itself the Trend by Topping 2 Million Cards

Outlet Newsworker Category Newspapers & Online Articles Published 2018.12.13 Reporter / Program Reporter Shin Dae-seong Reference code MN0677

Newsworker reported that Woori Card's Kadeu-ui Jeongseok surpassed 2 million cards issued in under nine months since launch, the fastest pace since Woori Card's founding. CEO Jeong Won-jae's customer-centered management philosophy and a card design using Korean painter Kim Hyun Jung's work were cited as factors behind its popularity.

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[Newsworker_Woori Card] Woori Card (CEO Jeong Won-jae) announced on the 13th that its flagship product Kadeu-ui Jeongseok had surpassed 2 million cards issued, buoyed by customer support.

Woori Card unveiled its first product, 'Kadeu-ui Jeongseok POINT,' this past April, drawing industry attention by passing 1 million cards issued just five months after launch. The pace then accelerated further, and the card comfortably reached 2 million cards in under nine months — a speed with virtually no precedent among general-purpose cards, and the fastest in Woori Card's history.

The success of Kadeu-ui Jeongseok is the result of thoroughly reflecting the ‘customer-first mindset’ that Woori Card CEO Jeong Won-jae has consistently emphasized, across every stage — product planning, service design, and card design. It reflects a shift in thinking: rather than building a product that has to be sold, the goal was to create a product that sells itself.

Through big data analysis, the card packs industry-leading point accumulation and discount benefits optimized for changing customer needs and spending patterns, and its plate features a design adapted from a work by Korean painter Kim Hyun Jung — a design anyone would want to own.

A ‘ㄱ’-shaped notch was placed in the upper right corner of the card’s surface to improve both its visual appeal and ease of use, while varying the coloring across sections of the card created a distinctive vertical-stripe effect that sets it apart. The card’s name was arranged vertically, completing an artistic design reminiscent of a Korean painting. This design led to the card being granted a design patent in October, once again proving its originality.

New attempts to engage customers in playful ways — including exhibitions by Kim Hyun Jung, known for her fresh ideas and painting style, advertisements using an ‘artvertising’ technique built around her artwork, and events featuring cookies and craft beer — also helped raise the brand value of Kadeu-ui Jeongseok and supported its success.

Compared with existing general-purpose card products, Kadeu-ui Jeongseok shows roughly 10% higher usage rates and per-person spending, contributing to both an increase in new members and an expanded market share. With premium and mileage-type cards also slated for release, the strong sales momentum is expected to continue.

A customer appreciation event marking Kadeu-ui Jeongseok’s milestone of 2 million cards issued is also running through the 25th of this month. Customers who use 50,000 won or more on a Kadeu-ui Jeongseok card during this period are automatically entered into a drawing for prizes including an LG Styler, an LG Pra.L mask device, AirPods, and a Starbucks diary set that includes two free beverage coupons, to be given to a total of 1,600 winners.

A Woori Card representative said, “Thanks to the affection our customers have shown Kadeu-ui Jeongseok and the hard work of our staff — including those at Woori Bank branches — we were able to achieve meaningful results despite a difficult market environment. We will keep working to make this a card that customers truly want to have and want to use in their daily lives.”

Reporter Shin Dae-seong 2580@newsworker.co.kr

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