Over 50% of small business owners think consumption coupon boosted sales

A recent poll shows over 50 percent of small business owners have noted increased sales following the launch of the so-called consumption coupons.

The survey involved over two thousand merchants and was conducted over a three-day period late last week by "Korea Federation of Micro Enterprise" and "Korea Merchant Association".

Findings reveal that about 56 percent of the respondents posted sales growth with 51 percent saying their sales rose between 10 to 30 percent.

More than 70 percent supported similar consumption initiatives suggesting that coupons be limited for use in traditional markets and that their value be raised.