How Much Longer Can Temu Survive?

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Wall Street Millennial

Wall Street Millennial

Күн бұрын

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2024 marks the 3rd year of operation of the super-discount ecommerce platform Temu. Temu is believed to be losing hundreds of millions of dollars per year. How much longer can they afford to sell extreme bargains with free shipping?
Check out our previous Temu video: • The Real Reason Temu C...
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0:00 - 2:14 Intro
2:15 - 7:00 PDD
7:01 - 8:50 Sustainability
8:51 Dollar stores losing market share

Пікірлер: 391
@wallstreetmillennial
@wallstreetmillennial 3 ай бұрын
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@courtneytolbert8405
@courtneytolbert8405 3 ай бұрын
😮😮😢z
@bmeht
@bmeht 3 ай бұрын
Your AI script sucks. Have a dislike.
@itsm3th3b33
@itsm3th3b33 2 ай бұрын
I'm still waiting for the answer to the question in your video. 👎
@bmeht
@bmeht 2 ай бұрын
The crybaby removed my comment about how his AI script sucks
@OffGridInvestor
@OffGridInvestor 2 ай бұрын
YOU DO REALISE that free shipping is SUBSIDISED by the western postal services thru an international postal organisation in Switzerland RIGHT? It has been explained by Serpentza and basically all countries that are considered poor have their postal services SUBSIDISED by western postal services "for fairness". China has the largest trade in the world but is DESPERATELY hanging onto this status, to avoid their industries of small products being crippled.
@forcelightningcable9639
@forcelightningcable9639 3 ай бұрын
Listen as far as that Ai sponsor thing goes, I write a lot and …yeah, I wouldn’t put too many eggs in that basket lol
@o_o8203
@o_o8203 2 ай бұрын
I actually used AI to help write a gofundme for when I got scammed in a rental scheme. I told it what happened and it wrote up a nice summary, I edited it to make sure it stayed true to my experience and it really helped! I think AI can be really useful as long as it's used to _augment_ human capabilities, not do all the work for us.
@stevelastovic-bisson8191
@stevelastovic-bisson8191 2 ай бұрын
​@@o_o8203This is very well said. I agree with you. The fact that AI can save time but cutting out tedious work is helpful. I use it mostly to generate ideas and to proof read my work.
@forcelightningcable9639
@forcelightningcable9639 11 күн бұрын
@@o_o8203 I can fully agree with that.
@HollowVortex81
@HollowVortex81 3 ай бұрын
I would never use Temu. I'm half thinking about getting rid of Amazon Prime now that 90% of search results are all no name (all capital letters) Chinese knockoff brands. eBay is now a better marketplace for quality goods than Amazon. It is sad.
@Username18981
@Username18981 3 ай бұрын
Yeah, Amazon is becoming a more expensive ali express with faster shipping
@OnlineSupportTeam
@OnlineSupportTeam 3 ай бұрын
lol ebay is the worst, it’s a flee market
@rotocoach5397
@rotocoach5397 3 ай бұрын
@@OnlineSupportTeam What do you think Temu is?
@flipletape9706
@flipletape9706 3 ай бұрын
Temu's absolute trash. But meh, Amazon still have most big brands if you know what you're looking for. The generic versions are usually just cheaper stuff. What I found to be annoying is the insane price markups when stock gets low, which is taken advantage of way too often, pretty sure they just rig most of these just to mark it up all the time. I've seen a 6 pack of juice boxes go for $75 today. I also much rather get brand name items directly from the supplier if available, although warranty and shipping isn't always great or worth it. Does Ebay even sell new stuff? lol
@bravosierra2447
@bravosierra2447 3 ай бұрын
It’s about setting expectations. One knows that the items bought of Temu is off brand & low quality, but cheap. For example I bought a 5 pack ski goggles cost me one good quality goggle, but I got my $ worths out of them. That’s what Temu & other online retailers offer.
@tomlxyz
@tomlxyz 3 ай бұрын
I feel like Temu loses its edge after trying to become profitable, then it's just cheap crap that's too expensive with shipping
@OffGridInvestor
@OffGridInvestor 2 ай бұрын
This guy is COMPLETELY LOST on the shipping. There's an international postal services organisation in Switzerland who subsidies ALL third world shipping from funds from western postal services. China IS IN this category. Serpentza done a video of it. It's SO BADLY researched that he's laughably clueless on how the chinese shipping works.
@anushagr14
@anushagr14 2 ай бұрын
​@@OffGridInvestorI think there is weight restriction.
@reeddeer793
@reeddeer793 2 ай бұрын
@@OffGridInvestorit’s really sad, my taxes are essentially subsidizing Chinese c0ncentr@t¡on camps
@dcc70
@dcc70 2 ай бұрын
​@@OffGridInvestorit is ludicrous that China claims to be a third world country for postage, yet they boast about their high speed rail and hypersonic missiles. Let them deliver those temu packages with the largest navy in the world.
@douglassun8456
@douglassun8456 2 ай бұрын
I think the short answer is, Temu will survive as long as Pinduoduo can and wants to subsidize it. I'm no longer confident that we can understand the motivation of big Chinese conglomerates purely through free market forces.
@MrRedsjack
@MrRedsjack 2 ай бұрын
90% of Amazon is just Alibaba/1688 products with higher prices and better logistics.
@NecroAsphyxia
@NecroAsphyxia 2 ай бұрын
Pretty much… Like I found this faerie themed mug on Amazon for $20 and the same exact cup on Temu for $4
@andersbodving4510
@andersbodving4510 2 ай бұрын
The irony that KZbin showed me a TEMU add right before this video is fantastic
@homeskol720
@homeskol720 3 ай бұрын
I work at the post office and a lot of times we charge the customer postage due because temu shorted the postage.
@triadwarfare
@triadwarfare 3 ай бұрын
And I feel you guys get the blame
@homeskol720
@homeskol720 3 ай бұрын
@@triadwarfare haha 100% but that's part of how they keep prices low
@fredm.2699
@fredm.2699 2 ай бұрын
Thank you for your service!
@GardenerEarthGuy
@GardenerEarthGuy 2 ай бұрын
Post office here uses any excuse not to deliver temu packages, the Pakistani postal carrier needs a reality check.
@reeddeer793
@reeddeer793 2 ай бұрын
@@GardenerEarthGuygood! Temu supports CCP slave labor
@Cmdtheartist
@Cmdtheartist 3 ай бұрын
Who else had a Teeeemooo commercial before this video and had an ad for it under the video itself? I guess the robot saw the name and thought, oooo, puny humans like!!!
@grahamjones5400
@grahamjones5400 3 ай бұрын
I did
@chris0000924
@chris0000924 2 ай бұрын
Nah I'm a KZbin premium user
@WildTaltos
@WildTaltos 2 ай бұрын
Spotted the boomer who doesn't know about ad blockers.
@Cmdtheartist
@Cmdtheartist 2 ай бұрын
@WildTaltos ...said the gamer in his mom's basement
@svenabend360
@svenabend360 2 ай бұрын
Adblock
@olsonmason1
@olsonmason1 3 ай бұрын
Their subsidized free shipping is part of the developing nations free shipping program, it cost them nothing we are paying for it!
@kphaxx
@kphaxx 3 ай бұрын
China: developing nation or developed nation, depending on which is expedient for the CCP at the time
@Kabodanki
@Kabodanki 3 ай бұрын
Look a stupid policy europe could have made
@alanbudde8560
@alanbudde8560 3 ай бұрын
@@kphaxx they keep the peasants poor so they can pretend the CCP doesnt have trillions
@hue9962
@hue9962 3 ай бұрын
No. We delivered for temu for them. We work uniuni logistics. When started we get $3 per package but now it’s only $2 on average because they uniuni was losing but I can’t deliver for them at that price and they deduct pay if package get lost or stolen if our proof of deliveries are invalid
@DiabeticCork
@DiabeticCork 2 ай бұрын
That's only if it's normal mail, which they don't use.
@henric73
@henric73 3 ай бұрын
The overseas shipping wasnt subsidies the shipment from Temu, but by the subsidies from Chinese govt's agreement from the WTO.
@emypena
@emypena 3 ай бұрын
The items that you can find in Temu is basically almost the same that you can find in any Southeast asian website. The proces though is a bit more expensive.
@itsm3th3b33
@itsm3th3b33 2 ай бұрын
And the quality is the same as those you find in Amazon (the ones that ship from China), but a lot cheaper.
@TheSushiandme
@TheSushiandme 2 ай бұрын
I wrote my MBA thesis on a platform like Temu in 2017. Just never found a Chinese sponsor. 😢😢😢
@AllenMQuinn
@AllenMQuinn 3 ай бұрын
The non-stop Superbowl ads were annoying as hell. All it did was make me 100% certain I'd never be a customer.
@tomlxyz
@tomlxyz 3 ай бұрын
Sadly many people will still sign up
@thorwaldjohanson2526
@thorwaldjohanson2526 2 ай бұрын
It's also Spyware and full of scams. If you value your privacy and / or work with valuable data / technology, you should not touch it with a 10 foot pole.
@blackbelt2000
@blackbelt2000 3 ай бұрын
As long as there are stupid influencers that promote the junk they sell and stupid buyers who buy from there without knowing what temu truly is then its survival is prolonged.
@Native722
@Native722 2 ай бұрын
Temu sells same items as Amazon but at the fraction of the cost
@WoodimusMaximus
@WoodimusMaximus 2 ай бұрын
Say less
@mrb152
@mrb152 2 ай бұрын
I don't really understand the problem people have with Temu. It's basically dollar store stuff but for slightly cheaper. For example, I got double sided rug tape that Dollar General would charge maybe $5 for, for like $1.38. Don't buy knockoffs and high end stuff, just stick to basics that have huge uncesary markups in the US.
@vylbird8014
@vylbird8014 2 ай бұрын
If the goods are that cheap, someone else is paying. Amazon is a scummy enough company with their labor exploitation, lack of concern for fraud and complete disregard for sustainability. But Temu take it up to a new level - their products may be produced by actual slaves.
@seokjin3000
@seokjin3000 2 ай бұрын
It's because they're Chinese. Sinophobia's all the rage in the West.
@wmpx34
@wmpx34 3 ай бұрын
More cheap plastic bullshit that breaks after two uses and goes straight into a landfill
@triadwarfare
@triadwarfare 3 ай бұрын
Sadly, maybe that's what consumers want. Cheap plastic that breaks just for people to try something new and move on. Most specialized kitchen gadgets anyway are only be going to be used once or twice in its lifetime, so why buy expensive sht?
@jaysdood
@jaysdood 3 ай бұрын
Not true! It's three times. 😂😂😂
@havencat9337
@havencat9337 2 ай бұрын
is Dolar General better? you need to set your expectations right dude!
@mrb152
@mrb152 2 ай бұрын
I don't understand this criticism. First, you can buy pretty much anything of any material and it's the same cheap crap that Home Depot or Target charges 10x for from the same factories.
@ThisHandle444
@ThisHandle444 2 ай бұрын
True, but hence the price points. 🤷🏻‍♂️
@OffGridInvestor
@OffGridInvestor 2 ай бұрын
YOU DO REALISE that free shipping is SUBSIDISED by the western postal services thru an international postal organisation in Switzerland RIGHT? It has been explained by Serpentza and basically all countries that are considered poor have their postal services SUBSIDISED by western postal services "for fairness". China has the largest trade in the world but is DESPERATELY hanging onto this status, to avoid their industries of small products being crippled.
@stuartedwards6996
@stuartedwards6996 2 ай бұрын
Yeah, the West really needs to get a handle on this issue. China, as usual, are just taking advantage of the rest of the world.
@seokjin3000
@seokjin3000 2 ай бұрын
They don't use the postal service. It's DHL and UPS. I'm a regular shopper on Temu.
@weird-guy
@weird-guy 2 ай бұрын
Serpentza is anti china propaganda channel
@maxpiardi9697
@maxpiardi9697 14 күн бұрын
​@@seokjin3000why do u shop on Temu lmao
@gumerzambrano
@gumerzambrano 2 ай бұрын
I only learned about Temu and Shein because I kept getting bombarded with annoying ads
@karisalonen12
@karisalonen12 2 ай бұрын
Few years ago I asked myself some serious questions about my shopping habits and dropped all China related shopping. Mostly all I ordered from China shops (Wish/Aliexpress and what else there was) was something I really didn't need in the first place or it wasn't what was in the product descriptions. Also with news I hear from China it feels like I'm handing a loaded gun to someone who has threatened on daily basis for years to cause me bodily harm so there is that.
@xx765
@xx765 2 ай бұрын
Running a retail business is an extremely inefficient way for some evil regime that's raising fund in order to harm you, if for whatever reason they want to harm you.
@karisalonen12
@karisalonen12 2 ай бұрын
@@xx765 yes, if the case was about the retail only. But it ain't.
@faykguru
@faykguru 2 ай бұрын
I couldn't agree more.
@user-dv1hp5fp2x
@user-dv1hp5fp2x 3 ай бұрын
It's basically a more streamlined aliexpress
@DB-vt1kk
@DB-vt1kk 3 ай бұрын
I’ve purchased things on Temu that were 5 to 6 times the amount on Amazon. I purchased some luggage organizers from Temu and travel weekly for work. Had them for a whole year and they never broke even after heavy use. I paid like 3 bucks for a 6 piece set. Sorry I’m shopping on Temu until the wheels fall off 😂😅
@Native722
@Native722 2 ай бұрын
Same here😊
@bogdanlevi
@bogdanlevi 2 ай бұрын
This is not about wether to shop there or not.
@stuartedwards6996
@stuartedwards6996 2 ай бұрын
@@bogdanlevi Exactly, the real issues are far bigger but people can be so selfish as dumb sometimes.
@bogdanlevi
@bogdanlevi 2 ай бұрын
@@stuartedwards6996 it's not about bigger issues either. If you want to shop there, why not. The video is about the company's financials, which are important to the investor not the customer.
@mrb152
@mrb152 2 ай бұрын
Exactly. It's the same exact shit. People saying "oh quality sucks" are like expecting american made titanium and carbon fiber products for $2. It's absurd.
@ktktktktktktkt
@ktktktktktktkt 3 ай бұрын
They could probably save a lot of money if they cut down on advertising on social media. Most of the ads are so bad I highly doubt they generate sales.
@magnetospin
@magnetospin 3 ай бұрын
They definitely generate sales as evidenced by the high revenue TEMU is having.
@asdfghjkl3003
@asdfghjkl3003 3 ай бұрын
I like it...... It's mine...... The prices BLOW my mind!
@asdfghjkl3003
@asdfghjkl3003 3 ай бұрын
I'm shoppin like a billionaire!!!!!
@ktktktktktktkt
@ktktktktktktkt 3 ай бұрын
@@magnetospin I only criticized their social media ads. Word of mouth is probably effective. Maybe their superbowl ads are effective.
@stuartedwards6996
@stuartedwards6996 2 ай бұрын
@@asdfghjkl3003 Tit
@Steven-xf8mz
@Steven-xf8mz 2 ай бұрын
There are 2 categories of goods they sell; the cheap stuff where it's almost meant for few time uses only and/or disposal goods, then there are goods where it's comparatively expensive as you were to buy from places like Amazon. The cheap good are concentrated in small plastic goods, the higher priced item tend to be bigger obviously and quality isn't bad at all.
@bonbonjovi4836
@bonbonjovi4836 3 ай бұрын
Only thing Temu and it's competition is doing with these cheap product filling up the landfill.
@NecroAsphyxia
@NecroAsphyxia 2 ай бұрын
You know the shit you find in Temu you also find on Amazon right…
@voltairesarmy6702
@voltairesarmy6702 3 ай бұрын
Got a temu Xmas ad right before this 😂
@kaydog890
@kaydog890 3 ай бұрын
Imagine seeing ads.
@Fuckthis0341
@Fuckthis0341 3 ай бұрын
In February
@plantiron
@plantiron 3 ай бұрын
Clicked on the video and it was a temu commercial that greeted me first 😂😂😂
@jjbwoy
@jjbwoy 2 ай бұрын
I've found more expensive items tend to be very overpriced whilst claiming to be discounted. As with anything you have to shop around to get the best deals.
@tappmancollective2483
@tappmancollective2483 3 ай бұрын
I’m not sure they’re losing as much on shipping as they claim. In the end it’s subsidized by American tax dollars. I guess the CCV is also subsidizing the shipping too but I haven’t checked on that.
@j.jwhitty5861
@j.jwhitty5861 3 ай бұрын
Not just American Tax dollars, euros, Canadian dollar, Australian dollar, sterling, et al.
@joefer5360
@joefer5360 3 ай бұрын
China is one of our largest US Bond holders if that matters.
@hue9962
@hue9962 3 ай бұрын
No we delivered for temu because as DPS company under uniuni logistics. They don’t get subsidies. Maybe in the past and for small packages but not anymore. We got $3 before per package then it got reduced to $2. Then all drivers quit due to lower pay.
@MrGeforcerFX
@MrGeforcerFX 2 ай бұрын
@@joefer53602nd highest and dropping every year, they will prob have around half of there peak holdings in 2025. At there highest they held around 17% of total federal debt but are around 9% now with domestic ownership of the debt still around 75%, largest atm is Japan at 18%.
@OffGridInvestor
@OffGridInvestor 2 ай бұрын
Yes. Serpentza has a whole video on it as other channels do. It's so INCREDIBLY BADLY researched to make a whole video on how they're going broke over shipping without even KNOWING HOW their stuff, including stuff on ebay ALL HAS free shipping. A guy I knew in upstate NY was saying that the cost of a mini camping stove with free shipping from china was cheaper than JUST THE SHIPPING if he bought it online from California.
@KOTYAR1
@KOTYAR1 2 ай бұрын
I bought angle grinder from China for 15$ yesterday. And handheld drill with 2 batteries for 40$ before
@alexholker1309
@alexholker1309 2 ай бұрын
Buying anything that is capable of setting itself on fire seems like a risky pick.
@mrb152
@mrb152 2 ай бұрын
Just only charge that in the middle of a concrete pad with no combustible material around it.
@coldspring22
@coldspring22 2 ай бұрын
got angle grinder for $10 from harbor freight (from china of course).
@KOTYAR0
@KOTYAR0 2 ай бұрын
​@@alexholker1309 that handheld drill from Onevan is working just fine for a year. IMO it's necessary to disassemble, to oil the reductor, check inside, as opposed to just pick up and work, but the price difference makes it worth it
@KOTYAR0
@KOTYAR0 2 ай бұрын
​@@alexholker1309 besides, with quality of brand tools we get nowadays, it's questionable
@swisstroll3
@swisstroll3 2 ай бұрын
Temu spent money to advertise to me. Good for them! There is no chance that I would ever get something from them.
@ChintanCG
@ChintanCG 3 ай бұрын
Unlike the other commenters, I'll happily buy from temu as long as it makes sense for me. I don't need everything with next day delivery and will gladly save money on stuff that I would have bought elsewhere anyways
@zKsery
@zKsery 3 ай бұрын
genuinely i only use temu because of these type of videos, i always thought it was a scam website lol but i buy like 2 orders a month its fun, you can get like 20 things for £12
@gimcrack555
@gimcrack555 2 ай бұрын
@@zKseryTemu will always work for me as the prices you can't beat else where. So Temu will always work, until it won't. Will continue using Temu until it don't look like I'm saving any money buying from Temu.
@stuartedwards6996
@stuartedwards6996 2 ай бұрын
@@zKsery But those 20 things are cheap crap. Ever heard of 'Buy cheap, buy twice'? You statement is so stupid.
@Tokmurok
@Tokmurok 2 ай бұрын
​@@stuartedwards6996Yeah cheap stuff just breaks not long after. Wheras something high quality lasts years.
@zKsery
@zKsery 2 ай бұрын
@@stuartedwards6996 you'd be surprised. Things like kitchen scissors for £1. Yoga / pressure balls for £1 Boxing training equipment for £1 Fruity/ veg peelers 4 for £1 100 hair bands for £1 Light up dog collar for £1 (would cost 15 on amazon) 20 little zip up bags for miscellaneous sorting for 80 pence It's fun too to spend £13 and get a package with 20+ items a week later. Even a pair of slider slippers was only £1 , a torch to go wit my other £100 torch for only £2. I even bought some wireless earphones for literally £2 so I don't always have to wear my £400 beats headphones and I've already spent £700+ on AirPods replacing them over the years and guess what AirPods aren't 60x better than these cheap earphones and if it does break idgaf it cost £2. The £200 AirPods still break so it's not like you always get better when you spend more. Trust me check it out, put stuff in your basket and they give you discounts anyways. I've actually gotten a bunch of kitchen equipment for 1/5 the price it costs in shops / amazon. For example those kitchen scissors are 10/10 they would've cost £7-12 in a shop and were £1.20 on temu I even use it for reselling
@pkreport3793
@pkreport3793 2 ай бұрын
The price of goods can be related to it's quality and with extra discount on it's basically close to free.
@FliesLikeABrick
@FliesLikeABrick 2 ай бұрын
Temu and similar, combined with the "instant gratification" and short time to landfill... Are some of the worst things to happen with regard to the sustainability of consumer behavior
@rickdunn3863
@rickdunn3863 3 ай бұрын
Takes close to a month to receive any product. Most of the products are cheep and break. Not all products are low cost so you have to be cautious.
@sneezygibz6403
@sneezygibz6403 3 ай бұрын
First ad that popped up was Temu 😂
@THEhorihito
@THEhorihito 5 күн бұрын
I used Aliexpress once. Got a high powered quantum board LED for a little over $300 all in. The "made in the USA" version with all the same components would have been over $800, but would have allegedly had a "lifetime warranty" but I wanted to run a head to head between an old school HPS rig vs a new QB, so I wasn't super concerned about longevity. 4 years later, it's still running 12 hours per day. Temu is a Chinese dollar store and I will never buy anything from them specifically because of their marketing campaign. "Shop like a billionaire" huh? Anyone ever see Bill or Melinda Gates buying shampoo at Dollar General?
@carlosaraujo59
@carlosaraujo59 2 ай бұрын
Can you make a video on Chinese live selling and how the US hasn’t really adopted it? I would love to hear your take on that
@timothybaker8234
@timothybaker8234 3 ай бұрын
I’ve made a couple orders off their website. I do not use the app out of security concerns. I’m assuming this is safer.
@Magnum0peth
@Magnum0peth 2 ай бұрын
With popular channels like Why Files having no qualms or shame being sponsored by Temu, they may hold on more than we expect.
@faketruth7740
@faketruth7740 2 ай бұрын
Honestly, I'm wooting for Temu. Amazon has been sucking for a while now, they need some serious competition to whip them back in shape.
@seokjin3000
@seokjin3000 Ай бұрын
If you haven't actually shopped on Temu, you can't credibly sneer about the stuff that's sold on Temu.
@stupidbro2301
@stupidbro2301 2 ай бұрын
Funny story, before this video I got a ad named: Temu, buy like a billionaire 😂😂😂
@BSJinx
@BSJinx 3 ай бұрын
Will TypeAI merge with a SPAC?
@glowing_clod969
@glowing_clod969 3 ай бұрын
Lol got a Temu add😂
@kaydog890
@kaydog890 3 ай бұрын
uBlock Origin, Initial release date: 23 June 2014 SponsorBlock, Initial release date: July 12, 2019 5+ years behind, eh?
@CarlosAMeza-ci6ud
@CarlosAMeza-ci6ud 2 ай бұрын
the crocs' from temu r much better than the original, now my mom wants them too.
@sweetd097
@sweetd097 2 ай бұрын
Good prices yeah but their products contain high levels of led
@user-dn5hz3nl9x
@user-dn5hz3nl9x 2 ай бұрын
Americans put more lead. Only buy from china
@o_o8203
@o_o8203 3 ай бұрын
As a temu customer, it's obvious that temu can't continue with the low prices but I'll continue to shop with them because I don't want to buy the exact same products at 2-3x markup (sometimes up to 10x depending on the wholesale price) from Amazon or ebay. I literally see temu items for sale at local shops for the same markup! I wouldn't be shopping on temu if the cost of living & economy weren't what they are 🤷🏽
@backlogbuddies
@backlogbuddies 3 ай бұрын
You do know that's what caused the economy to tank at first right? Walmart and Amazon finishing off all local businesses to save a few dollars which wound up costing us way more
@johndoe-vp2iy
@johndoe-vp2iy 2 ай бұрын
@@backlogbuddies I mean those local stores aren't going to come back from the dead, all things are from china now, it depends on who you want as the middleman and how much of a cut you want to give to walmart/amazon
@backlogbuddies
@backlogbuddies 2 ай бұрын
@@johndoe-vp2iy They can. My old area was seeing a small boom as more people started to buy locally. Then amazon did regional pricing and everyone switched back to Amazon.
@o_o8203
@o_o8203 2 ай бұрын
@backlogbuddies Amazon and Walmart are _symptoms_ of the problem. And what am I supposed to do, magically make more money in 2024 and save all the local shops selling me low-cost Chinese goods at unreasonable markups? How about you complain to the your senator or congressperson instead of randoms on KZbin.
@rinrat6754
@rinrat6754 2 ай бұрын
At some point hopefully people will clue in and realize that 90% of the stuff ordered online is utter crap.
@user-mm5kd6cn5z
@user-mm5kd6cn5z 3 ай бұрын
The answer to your question: As long as the CCP wants it to
@mtmadigan82
@mtmadigan82 3 ай бұрын
One of the craziest things they do is no return refunds. Take a guess how this is respected by the public. Bad time to be a online retailered.
@altkev
@altkev 2 ай бұрын
I know someone who returned a lot to abuse this and they no longer get the no return option. So it's likely automated to disable that perk if it looks like you're abusing it.
@mtmadigan82
@mtmadigan82 2 ай бұрын
@@altkev well when you say return, you mean a traditional return. You hand back your purchase and get money back? Or this no return refund? Like amazon and Walmart will shut dudes down returning stuff a ton, used for a bit then returning etc. They at least possibly get something back, could refurbish, resell, send back to the mfg to absorb, or bulk returns resale/auction. The temu things just a loss, no product back, plus the shipping cost.
@useruseruser501
@useruseruser501 2 ай бұрын
​@@mtmadigan82 they're talking about temu returns
@dan-bz7dz
@dan-bz7dz 2 ай бұрын
Can't compare it to Alibaba because there sellers handle the shipping and it's usually bulk purchases
@michaelholmes924
@michaelholmes924 3 ай бұрын
If shipping is the problem, couldnt they buy their own supply line (ships or planes)?
@tommyaudio
@tommyaudio 3 ай бұрын
with all the credit card info they're stealing from customers i'm sure they'll be fine for a while
@stuartedwards6996
@stuartedwards6996 2 ай бұрын
LMAO, so true.
@AvoidTheCadaver
@AvoidTheCadaver 2 ай бұрын
Lol. Gets a Temu ad before the video
@Native722
@Native722 2 ай бұрын
Enjoy Temu while you can.
@Phlegethon
@Phlegethon 2 ай бұрын
Temu and PDD is the equivalent of the online dollar store it’s just for desperate people in desperate times
@oyi21
@oyi21 3 ай бұрын
I had to rewind to double check. “PUAIA” I think they misspelled PUMA 😅 8:18
@SolidSonicTH
@SolidSonicTH 3 ай бұрын
Is Temu circling the drain?! Oh boy!
@ryangosha644
@ryangosha644 2 ай бұрын
Temu ad aired right before the start of this video
@ThePhiphler
@ThePhiphler 2 ай бұрын
I tried your sponsor and made it help me write a comment to this video, so here goes: "They did surgery on a grape!"
@thebigg3416
@thebigg3416 3 ай бұрын
I buy from it. Some are okish
@evangangle3192
@evangangle3192 3 ай бұрын
Got a temu ad on this vid
@gumbie007
@gumbie007 2 ай бұрын
Ordered from them ONCE and never again…..everything I got was the cheapest 💩 you could imagine. 🤨🤔🤦‍♂️
@newwavex8665
@newwavex8665 2 ай бұрын
vertical integration: own the ships that transport the packages
@havencat9337
@havencat9337 2 ай бұрын
Hate them or not....theres no better place for regular people to buy cheap...i think many people are rich and have no idea what struggle is
@sonofbaconator3503
@sonofbaconator3503 2 ай бұрын
All their sales are from KZbinrs making “I bought a billion dollars of random stuff off Temu” videos
@CaraMarie13
@CaraMarie13 2 ай бұрын
My friend was talking about buying on temu. I shamed her to the ground and i felt no shame about it.
@nhatmnguyen93
@nhatmnguyen93 2 ай бұрын
I can find the same products sold on Temu for lower price in the dollar stores. Temu isn't selling for cheap.
@alaindelon611
@alaindelon611 2 ай бұрын
Temu was in the news in Chicago in 2023 for products not being reliable.
@terrie001
@terrie001 2 ай бұрын
Love temu. Because Americans are fearful of their personal data breached by Temu, they won’t dare to sign up. I go buy from Temu for Americans and they willing to pay me more to buy it for them from Temu with my credit card. So just reselling from temu with profit.
@VictoriaAlfredSmythe
@VictoriaAlfredSmythe 2 ай бұрын
AI wrote this he states
@theyjustwantyourmoney4539
@theyjustwantyourmoney4539 2 ай бұрын
You can tell the desperation by the way they've flooded Ads online
@stephenfazekas5054
@stephenfazekas5054 3 ай бұрын
Shippint temu until they go under and then shop their replacement
@pugster73
@pugster73 Ай бұрын
You know, Amazon lost money for a decade before making a profit. PDD can sustain losing money because they use their profit in China to fund growth in Temu.
@lukechrisawn4038
@lukechrisawn4038 2 ай бұрын
I got a temu add while watching this lol
@3imx
@3imx 2 ай бұрын
Shop like a billionaire, nah billionaires wouldn't buy that garbage😂
@NeoSoulCrew
@NeoSoulCrew 2 ай бұрын
They make good adult products.
@n.g.l.
@n.g.l. 3 ай бұрын
Bro could use an AI for his voice and no one would notice 😅
@joefer5360
@joefer5360 3 ай бұрын
He's building his vocal database. Give it another year or two of videos.
@runefavang6773
@runefavang6773 3 ай бұрын
Temu add for me also😂
@dosmastrify
@dosmastrify 2 ай бұрын
Got temu ad
@jazzyj6640
@jazzyj6640 2 ай бұрын
I've never ordered from their website. It looks suspicious. 😐
@porcus123
@porcus123 3 ай бұрын
I will give them one thing, their payment methods are by far the safest
@breal7277
@breal7277 2 ай бұрын
They won't take my visa gift card.
@wutangfinancial4444
@wutangfinancial4444 3 ай бұрын
Good vid. I hate Temu but I like money so calls on PDD ahead of earnings (Q4 come out on March 13th 2024). They beat every quarter last year, no reason they won't do so again and the guidance should be positive. The only thing that could screw their business model is if the US customs changes it's order value minimum rule. But that is a big policy change and I doubt they would do it this year.
@breaellis5827
@breaellis5827 2 ай бұрын
TEMU is scheduled to IPO this Fall
@onehitwhat
@onehitwhat 2 ай бұрын
I never thought I'd feel bad for Dollar General. I mean I still don't
@rajathapa6155
@rajathapa6155 2 ай бұрын
The fact that you said losing 10 dollar per shipping cost is the incorrect figure.
@mbugard
@mbugard 3 ай бұрын
I had to watch a Temu add before I could view this video.
@Vednier
@Vednier 3 ай бұрын
I really like to see ads for various AI replacement of humans in those videos. Why? Because if AI can type instead of human very soon they will make videos instead of humans (some nonsense videos scripts is obviously already made by AI). So, keep digging you own grave, brave Millenial!
@poodlelord
@poodlelord 2 ай бұрын
Who else got a temu ad on this video? I bought something once over a year ago and have had nonstop ads ever since. They sell crap.
@asdf0747
@asdf0747 3 ай бұрын
following amazon model of outreach takeover before monopolizing the market
@elliot9634
@elliot9634 3 ай бұрын
hopefully long enough for my cheap slide replacements my dog chew up and a pack of socks
@springinfialta106
@springinfialta106 2 ай бұрын
No talk about monitoring the quality of the suppliers. It's just about minimizing shipping, marketing, and payment costs. Whoopee! Isn't capitalism wonderful.
@stc2828
@stc2828 2 ай бұрын
Temu’s competitor Shin have been profitable for a while, I don’t see why temu can’t be profitable aswell
@brtecson
@brtecson 2 ай бұрын
If I want cheap asian stuff, I go to Daiso. They actually have good stuff
@mervstash3692
@mervstash3692 2 ай бұрын
Who else got a Temu ad before this?
@eddycarpenter8989
@eddycarpenter8989 2 ай бұрын
basically ever increasing amounts of plastic crap ending up in the ocean
@nordstrom7770
@nordstrom7770 2 ай бұрын
This is needed to prevent Amazon from being a monopoly.
@joshuapatrick682
@joshuapatrick682 2 ай бұрын
Did type AI tell you to use the adjective super 10 Times in 80 words?
@oakld
@oakld 2 ай бұрын
IMHO This doesn't cover the most important aspect of this platform: That it often, maybe in most cases, sells goods not approved for any western markets. Often dangerous (electrical appliences) with fire or electrical shock hazards, or good containing toxic or other harmful substances, especially toys, clothes and any goods that come into contact with human skin. Majority of goods on Chinese market have issues, many of them are outright dangerous. And that is, if you even get the product you've purchased, since fake products and conning practices is very common. Just do your research..
@PhillKaggitz
@PhillKaggitz 2 ай бұрын
When you realize that Temu is a tool of the CCP, everything makes sense
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