The Seoul Receipt — our sourcing standard

Most stores show you a price crossed out and a smaller one beside it. You have no way to know whether the first number was ever real. The Seoul Receipt is our answer: for a product that carries one, we print what it costs on the shelf in Seoul, what we add, and what you pay — and we name the Korean storefront we read the price from, so you can go and check it.

The rule, in five clauses

  1. Every receipt names its source. The Korean price comes from the brand's own Korean storefront, pinned by channel id, with the Korean product title recorded alongside it. A price with no source is not a receipt.
  2. The Korean price is re-read at publish time. It is never copied forward from a note or a spreadsheet. A stale price is a wrong price.
  3. Three lines, no rounding in our favour. Seoul shelf price, our sourcing and handling, your total. Nothing else goes in the sum.
  4. If our price falls below our honest landed cost, we withhold the receipt. We do not adjust the arithmetic to make it fit. The receipt disappears; the product stays.
  5. No "compare at" theatre. We do not invent a higher former price to discount from.

Where it stands today

4 products carry a verified Seoul Receipt right now. That is a small number and we are not going to dress it up: a receipt requires a human to pin the exact Korean listing, and an automated matcher already proved it cannot be trusted to do it — it matched the wrong pack size four times out of four. So the number grows at the speed a person can verify it, and we would rather publish four we can defend than three thousand we cannot.

What we have withheld

Clause 4 has teeth, and here is the evidence. These products are on sale normally. They simply do not carry a receipt, because printing one would have meant printing a number that flattered us:

  • Torriden DIVE-IN Serum — priced S$22.90 against a landed floor of S$25.53. Withheld.
  • MEDIHEAL — short of its floor by S$0.22. Twenty-two cents, and it is still withheld, because a rule you bend for small amounts is not a rule.
  • d'Alba — below its floor even before any freight is counted. Withheld.

An awards page publishes its winners. A standard publishes what it refused.

How to check us

Clause 5 is the easiest to falsify and we would rather you tried. Open any product on this store and add .json to its address. Look at compare_at_price. If we were inflating a former price to discount from, it would be there.

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