MNC Shop is a joint venture company between the leaders of two industry; MNC Media as the leading media company in Indonesia and GS Home Shopping as the number one Korean Home Shopping company. MNC Shop was successfully established in June 2012 and started its operation the following month on MSKYs platform.
MNC Shop conducts an ideal business synergy by operating on various platforms: Pay-TV, Free To Air and internet platform giving customers any kind of accessibility to its programs.
2013 was the first full year of operation for MNC Shop, where it achieved Rp84.6 billion revenue by offering customers thousands of varieties of products. Number of items sold as of the end of 2013 amounted to 4,500 SKU.
There are two main strategic plan in 2014. MNC Shop has successfully built its own production studio which significantly reduces the cost of production by 85%. In addition, MNC Shop also acquired two warehouses in the greater Jakarta region to minimise the cost of logistics by 30 to 35% depending on the orders.