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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: https://www.youtube.com/watch?v=xO9M74m7dhE&t=601s&ab_channel=WallStreetMillennial'>https://www.youtube.com/watch?v=xO9M74m7dhE&t=601s&ab_channel=WallStreetMillennial
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For inquires related to Differentiated Analytics email us at: founder @woodandwoodenterprises.com
Check out our second channel Broken Business Models where we discuss unusual or otherwise suspect businesses that may be unviable: https://www.youtube.com/ @BrokenBusinessModels
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Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial
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Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
––––––––––––––––––––––––––––––
0:00 - 2:14 Intro
2:15 - 7:00 PDD
7:01 - 8:50 Sustainability
8:51 Dollar stores losing market share
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: https://www.youtube.com/watch?v=xO9M74m7dhE&t=601s&ab_channel=WallStreetMillennial'>https://www.youtube.com/watch?v=xO9M74m7dhE&t=601s&ab_channel=WallStreetMillennial
Free and premium investor resources, check out our website: https://www.differentiatedanalytics.com/
For inquires related to Differentiated Analytics email us at: founder @woodandwoodenterprises.com
Check out our second channel Broken Business Models where we discuss unusual or otherwise suspect businesses that may be unviable: https://www.youtube.com/ @BrokenBusinessModels
For business inquires: Mary @creatormanager.co
For other inquiries: Wallstreetmillennial @gmail.com
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial
––––––––––––––––––––––––––––––
Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
––––––––––––––––––––––––––––––
0:00 - 2:14 Intro
2:15 - 7:00 PDD
7:01 - 8:50 Sustainability
8:51 Dollar stores losing market share
Temu’s competitor Shin have been profitable for a while, I don’t see why temu can’t be profitable aswell
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.
I bought a bunch of stuff and then took an arrow to the knee
Temu's quality looks trashy tbh. I hope there business goes down, I've seen and heard enough toxic products from them.
Temu is not selling product, it is harvesting data.
My friend was talking about buying on temu. I shamed her to the ground and i felt no shame about it.
Stop AI. It's dangerous
Temu is cheap Chinese made crap.
farfetch number 2
Temu is a crappier Wish. 😂
I have just put my first Temu order in, with the agent locally that does Shein orders too.
So I'll see in 2 – 3 weeks what happens and how much extra I'll have to pay in. It's going to work out way cheaper than putting my own order in, last time I bought an item costing say R20, shipping and customs added up to R830.
All their sales are from YouTubers making “I bought a billion dollars of random stuff off Temu” videos
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
The irony that YouTube showed me a TEMU add right before this video is fantastic
This is needed to prevent Amazon from being a monopoly.
I bought 3 Chinese noname spy watches. They worked well enough for 2 months then fell to pieces & English in manual was a joke. I was smart not to put important files on the noname MicroSD cards inside because they soon stop working. Why would anyone make a high quality noname product? Consumers can neither reccomend them nor avoid them (the same junk from same factory changes appearance). Another trick is sellers will create a seller brand name for noname spywatches, etc. It seems some major seller brands like Vevor are good quality based on YT reviews.
There is nothing good and cheap.
Everything i ordered was completely fake. Its a scam site.
Sorry but this channel is going downhill
A shortseller firm reported that the TEMU app is basically China's way of infiltrating the West. They will use all the information on your phone. And even shut it down when a possible war starts.
Lets use typeAI to make RAGEMAILES
Got temu ad
It's actually kind of funny to me how people complain about the quality of items from Temu. Look at the prices. And by that i mean, if you are paying $1 for a [fill in the blank], then you are not buying that item at a reduced price, you are paying for the quality and the craftmanships that were put into manufacturing the product. There's a difference. Many people dont seem to realize this. 🫤
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.
After seeing this I’m convinced I have to stop using Amazon, it is often that I get the feeling they’re downright scamming me.
this entire channel is AI generated
I'm putting stickers I bought on Temu in an album as I'm listening to this 😂 I freaking love Temu.
There's nothing I need or want that Temu sells. End discussion.
Keep this chinese sweatshop garbage out of our country.
Temu and PDD is the equivalent of the online dollar store it’s just for desperate people in desperate times
Temu is garbage it’s for a world where people are too poor to afford stuff – in China people buy stuff from their parent company Pinduoduo instead of Alibaba cause they’re in a depression but if and when they turn around PDD will die