Vietnamese products priced at 2,000 VND become hot items on Amazon, increasing in price 80 times

March 1, 2017 19:14

Cao Sao Vang, a product that is almost absent from the domestic market, is being sold on Amazon for 80 times the price in Vietnam.

Sao Vang Balm was researched and produced in Vietnam since 1954, based on the previously quite famous product, the White Tiger brand balm, originating from Singapore. After a long period of investment in improving quality, since 1969, Sao Vang brand balm product was officially launched. After that, Sao Vang Balm product quickly dominated the Vietnamese market and was favored by consumers.

In the 70s and 90s of the last century, Cao Sao Vang became a familiar product of Vietnamese people. In almost every family, there was a box of Cao Sao Vang. This was also a pocket product of many people on long trips, officials, employees, students working abroad. Not only is it a familiar health care product of Vietnamese people, Cao Sao Vang oil box is also famous in the Soviet Union and Eastern Europe. The box of balm with the logo of the golden star of victory became a useful and meaningful gift of Vietnamese people to international friends.

Cao Sao Vàng, rao bán, thương mại điện tử, khách hàng, Amazon, người Việt

Cao Sao Vang, a very famous pharmaceutical product in Vietnam.

However, due to the great competition from various personal health care product lines, such as balm oil, eucalyptus oil, cajeput oil..., currently, Cao Sao Vang box seems to have become a "once-famous" product in the domestic market.

But after a period of silence, from 2013 until now, Cao Sao Vang has suddenly "revived" in the international market. Currently, Cao Sao Vang is a best-selling product on many international online shopping sites, highly appreciated by the international e-commerce customer community.

Cao Sao Vàng, rao bán, thương mại điện tử, khách hàng, Amazon, người Việt

Cao Sao Vang is being sold on Amazon for 80 times the price it used to sell in Vietnam.

While in Vietnam Cao Sao Vang was once sold for only 2,300 VND/box, in the international market, this product is being sold for up to hundreds of thousands of VND.

This product has received many positive reviews and is often out of stock on shopping websites such as eBay or Amazon, or online pharmaceutical stores in many countries such as the UK, US, Australia... The seller's shopping cart is always updated with the status of the goods at low stock (very little left) or out of stock (out of stock). Even with free shipping, customers will still have to pay up to 7.45 USD (equivalent to 170,000 VND) for each box of ointment (including packaging) weighing only 3g, which is 80 times the selling price in Vietnam.

Although introduced as a Vietnamese product, the packaging of Cao Sao Vang product being introduced on eBay, Amazon... is written in many languages, including Vietnamese, English and Russian.

According to VNN

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Vietnamese products priced at 2,000 VND become hot items on Amazon, increasing in price 80 times
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