How Temu’s Explosive Growth Is Disrupting American E-Commerce | WSJ
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Published 2024-03-11
WSJ breaks down how its continued growth could redefine online retail, just like Amazon’s speedy delivery did.
Chapters:
0:00 Temu’s popularity
0:35 Temu’s explosive 2023
3:00 How Temu can redefine e-commerce
5:57 Temu’s future
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All Comments (21)
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Temu’s parent company spent nearly $2 billion at Meta last year and was a top advertiser at Google. Read more about how Temu’s push into America is paying off big for Meta and Google: bit.ly/4ccJsOq
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"Amazon focuses on speed where Temu focuses on price." Why can't anyone focus on quality? There's so much trash products on both that will end up in landfill within 2 years. 😒
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The secret is out. Amazon Sellers used to buy from companies like temu and sell it on Amazon for 3-4 times the cost
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Are we supposed to feel sorry for Amazon? They put so many small businesses out of business.
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The irony is Amazons product was already mostly Chinese goods anyways. Sounds like a slow death for Amazon from direct to consumer.
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This business model is not new, Aliexpress has been doing it for over a decade, and has been very successful. Temu just spends a lot more on marketing.
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Billions of dollars of plastic junk going to landfill
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Temu is the online dollar store.
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80% of goods on Walmart's shelves are from China. Chinese retailers have storefronts on Amazon. The only difference to consumers is if you want to spend a lot more for the same item. Amazon and Walmart are happy to charge you more. A LOT more.
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The other thing I think they missed in this analysis is that Temu offers standard free shipping across the board. That makes shoppers more willing to spend when the price they see is the price they spend. No $10 item that costs $6 more to ship.
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It’s rampant consumerism
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Product on temu :$1.99 usd Identical product sold by an American seller: $10.99 It's not rocket science..
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the malls ate small businesses, amazon ate the mall, Temu ate amazon.
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I have zero interest in ordering from Temu, but competition is good for consumers.
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I gave T the chance and got some tools and pocket LED flashlights and no complains. It came after 6 days and products are good. I still use these great flashlights at work. They wining over me. I have Amazon Prime, as well. I am shopping now for an Action Camera on Temu.
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Let this be a wake up call to how American e-retailers do business - namely Amazon. There are no benefits to the consumer if there is no competition.
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Correction if your a social media user and do most of your browsing on mobile, Temu is everywhere. I am an internet user, primarily PC and I hardly see ad for that.
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Countries should impose a landfill tax on these low quality product market places.
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Looks like a more trashy version of aliexpress, with gambling gimmicks on their app.
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So. Much. Junk. 😢