How Temu Makes Money From $10 Smartwatches From China
Рет қаралды 2,095,400
Күн бұрынBargain e-commerce company Temu has had a whirlwind 2023.
Quietly launching its app in September 2022, it only took the company a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February 2023, the 5-month-old company made its TV debut during Super Bowl LVII, airing two commercial spots totaling an estimated $14 million. With an annual advertising budget of about $1.4 billion, Temu is focused on aggregating a user base of nearly 100 million people by year-end.
Temu's popularity is largely due to its ultra-cheap knockoffs. Users can get an Apple Watch dupe for $10, Yeezy knockoffs for $4.99 and gaming consoles for $20. On top of the steep discounts, users are bombarded by coupons, free shipping countdowns, flash sales and discount wheels.
While on its face the company looks to be a Boston-based startup, it is actually backed by a well-known name in the Chinese retail space, Pinduoduo.
"China is really the linchpin in Temu's strategy," said Neil Saunders, managing director of GlobalData Retail. "A lot of the products that are sold on Temu are manufactured in China. They're shipped directly from China to the U.S. So those labor costs compared to manufacturing in the U.S. and elsewhere are really low."
Temu's rise in popularity has also courted scrutiny from the U.S. government, accusing the website of exploiting de minimis shipping rules to undercut U.S. retailers. Under de minimis rules, shipments valued under $800 are not subject to duty taxes and undergo minimal customs checks.
Beyond that, a U.S. House committee accused the retailer of violating U.S. import law by using forced labor to supply its products.
Temu and Pinduoduo did not respond to CNBC's request for comment.
Watch the video above to learn what's behind Temu's success and what could disrupt the retailer's massive growth in the U.S.
Chapters:
00:00 - Introduction
01:47 - What is Temu?
06:40 - Your package is on its way!
11:59 - Your order has been delivered
13:48 - What’s next?
Produced by: Devan Burris
Edited by: Kevin Heinz
Camera by: Brad Howard
Graphics by: Alex Wood
Supervising Producer: Jeff Morganteen
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How Temu Makes Money From $10 Smartwatches From China
@bhushaaa4244 10 ай бұрын
Looks like CNBC bought their mic from Temu too
@seymorefact4333 10 ай бұрын
⛔they talk about human rights, natl security, and privacy risk. The US kills millions every year, the US gov spy on everyone in the world, and google, meta, amazon, apple share your data to everyone, and huge US corp avoid taxes ..pay ZERO! ok when the US does it. But, NO one else can. Hypocrites!
@waynejus4092 10 ай бұрын
Yes,agree,shocking articulation too.
@Bekssss 9 ай бұрын
She just have very annoying voice ,can't imagine somone living with her
@religionisapoison2413 9 ай бұрын
Hilarious comment. Lmao
@spacecadet2226 9 ай бұрын
I was looking for this comment before saying the same thing. Tinny sound.
@xtos2001 10 ай бұрын
I didn't get the slogan "shop like a billionaire", but then i kept watching and they said how Temu breaks laws and doesnt pay taxes. Now it totally makes sense 🤣
@seymorefact4333 10 ай бұрын
😂🎉😂🎉since the USA govt is warning not. I'm going to download Temu! THE USA commits genocide every year with wars, sanctions, enslavement, and looting! There goes their human rights argument!😂 F U Tim Cook. He made hundreds of billions in bonuses.. Aple paid 0 taxes, make products in China, India, and Vietnam with lower labor costs and no labor laws. Same with Nike, gap, H&m, etc... All USA Corp cheats the system. The USA using national security. ... Qualcomm, Intel, Amazon, Google, Meta.... they have trillion dollar contacts with CIA, Pentagon, nsa to spy on the globe! They are a privacy threat..... these Corp share your info to others and govt! Duhhhh! Bravo Temu....at least we don't over pay! I can save money and retire early. ... LIKE A BILLIONAIRE! I LOVE a temu ad came on during this PROPOGANDA piece! 🎉🎉
@seymorefact4333 10 ай бұрын
Most USA Corp pay 0 taxes! Or way less than you DO! That's OK With you? 😂🎉
@ScottWallace5 10 ай бұрын
My favorite comment of the day 😂😂
@Jasongy827 10 ай бұрын
@@seymorefact4333yep like jeffy baldie looks like big bird on sesame street
@fndorigin9021 10 ай бұрын
*Jeff Bezos laughing in the back
@BTWang1234 5 ай бұрын
How a 16 min video fails to answer the question in title
@luissolano101 4 ай бұрын
Thats most videos on youtube now You search a how to video for something real simple and get in return a 12-20min video And at the end most of them fail to answer the titled question 😂
@WildlifeWarrior-cr1kk 4 ай бұрын
They're making money
@WildlifeWarrior-cr1kk 4 ай бұрын
@@luissolano101because the longer the video is the more money they make
@sjappiyah4071 3 ай бұрын
They kinda did ? At 9:30 they explain that since the parcels are cheap - > $800 they don’t have to pay tariffs , thus the savings are passed on to them, then to us
@ryanfazal5551 3 ай бұрын
They did. They use forced labor and they avoid paying tariffs.
@Mike-xn9ho 6 ай бұрын
Audio is awful, it sounds like it was recorded with a laptop built in mic. I would expect better from a major network
@Lesartistes101 3 ай бұрын
They use teemu products
@Lametriamonia Ай бұрын
😂😂😂😂😂
@martinpalm5 23 күн бұрын
The women voice sounds like a high schooler.
@andresjaramillo4382 10 ай бұрын
The irony of getting a two Temu adds while watching how Temu works
@introvertsrock9843 10 ай бұрын
Same here...
@labdleo5485 10 ай бұрын
You guys don't use KZfaq premium ??
@andresjaramillo4382 10 ай бұрын
you pay for youtube? cringe@@labdleo5485
@vectoralphaAI 10 ай бұрын
@labdleo5485 lol no why would we use that garbage? KZfaq Premium is just a scam
@ichibanmegami 10 ай бұрын
Lol yeah.
@MakZor 9 ай бұрын
"So that 10$ smart watch is most likely to come from a factory in China" Like every other smartwatch on the market...
@mikehunt5637 9 ай бұрын
That was the exact thought that went through my head when they said that.
@mpls_link 8 ай бұрын
😂
@WildlifeWarrior-cr1kk 4 ай бұрын
Even our cell phones and computers
@KatieJayne-uu6zg 4 ай бұрын
Temu is owned by PDD Holdings, a company founded in China that has been credibly accused by members of Congress as being linked to the Chinese Communist Party. Congressional investigators also believe Temu is illegally selling products made by forced labor in Xinjiang, where the Chinese Communist Party is committing genocide against the Uyghur people. Uyghur peoples who are imprisoned and enslaved in concentration camps are being forced to create much of Temu’s goods.
@icet6665 Ай бұрын
😂😂
@lIREADYIl 5 ай бұрын
this was just the best Temu ad to date. im ordering a smartwatch now
@iamnormal8648 7 ай бұрын
I had never heard of Temu before watching this video. You guys have given Temu an additional 1.1M new users. I hope they paid you for this free extensive advertising.
@jesseinfinite 10 ай бұрын
The fact that China can produce an actually functioning smart watch for less than 10$ is absolutely insane. That's the price of a handheld toy, not something with a microprocessor inside it. It could be the worst smartwatch ever. But for 10$? It's a tech marvel.
@jackli6592 10 ай бұрын
that 10buck include international shipping, now thats insane
@thewonthatloss227 10 ай бұрын
What you are seeing is the west being intimidated by Chinese tech. "It's trash, that's why it's so cheap so don't buy" Meanwhile we continue to buy overpriced stuff from Amazon that breaks in 2 months....but it's Amazon so no one bats an eye. Just buy another one. If I can buy a $300 smartwatch and you can't then I look better than you but if you can now buy one for $10 and it does half of what mine does, now I'm not so special am I?
@g.s.5868 10 ай бұрын
the insane thing is people buying 'the real one' for 50x more
@g.s.5868 10 ай бұрын
@@jackli6592 they seem to avoid that... the cost is US mail distribution and they have international agreements for in country...
@jesseinfinite 10 ай бұрын
@@g.s.5868 I mean even apart from the brand tax, there are a lot of things that brands have to take care of - replacement, warranty, customer service, service centers, advertising. They all cost money. These Chinese good don't have to do any of it. But even then the whole package in 10$ is absolute insanity.
@alanwong8307 9 ай бұрын
If an American company did this, they would be on tv saying: “we optimized our operations to maximize shareholder value and believe that small government and fewer regulatory hurdles are the key enablers for value creation. Our mission is to bring the lowest prices to the consumer market place. Tariffs create an unnecessary hurdle that presents friction for the consumer and we strategically have bypass this and return value to our clients in the form of savings.”😂
@ebubeawachie 9 ай бұрын
You are well schooled in marketing speak. Here’s your 🏆 sir.
@datsuntwosixty160 9 ай бұрын
Geeze that is impressive
@gus473 9 ай бұрын
😂 You're either an investor relations professional or a writer for SNL or The Onion! Either way, your answer's correct! 😎✌️
@Vik-wy3it 9 ай бұрын
America just boasts while China just does
@halteros 9 ай бұрын
Exactly. they even say ¨What is Temu doing with your data¨ like... dude , Did u even know what amazon does with all the data?
@brianc5581 9 ай бұрын
Recorded with a Temu microphone?
@lostnotfoundyet 5 ай бұрын
It’s interesting how the government keeps saying companies like shein and temu have an unfair advantage over other COMPANIES by shipping things under 800$ to avoid paying tariffs BUT they don’t say that it’s the CONSUMERS who benefit from this since these companies are able to make things more affordable for the everyday people, WHILE abiding by the law. If the government has problem with this, then hey just lower the cutoff! They write the game rules anyways. It’s very easy to see whose interests they have in mind 😃😃
@0animalproductworld558 2 ай бұрын
What’s important is the world gets better, people suffer less because of cheaper products from china that give them better lives than ripped off products at the same quality.
@KComedyCritiques 18 күн бұрын
Of course, they're not going to talk about the good for customers. Because they're focused on the bad for themselves. I truly don't care about these apps, I 100% believe that American apps are stealing data from us as well. Mehta definitely knows too much about me!
@pondurosa3792 9 ай бұрын
They just single-handedly gave Temu at least a million new users.
@ThatAlleyCatsBack 9 ай бұрын
That was kinda point of this video, they get paid too
@BunnyBoiWinkWonk 9 ай бұрын
Orange logo and big white letters Marketing genius
@angelamilton5134 9 ай бұрын
Even makes me hate Temu even more🤬🤬🤬🤬
@happyjohn1656 9 ай бұрын
@@angelamilton5134 What's wrong with it? I've spent hundreds on the app, it's great 🤑
@parengthonycastillo4272 8 ай бұрын
Bought a pair of jordans with temu for only $17. I'm not lying. Dead serious.
@yukie_tn 10 ай бұрын
The thing is, the average consumer do not care about tariffs or politics if they can save some money. If you want people to stop shopping there, you need to make a more convincing case.
@randomautonomousdronepilot3384 10 ай бұрын
Ok commie
@jankay8569 10 ай бұрын
And this is why i hate people. I cant wait for the world to end.
@peekaboopeekaboo1165 10 ай бұрын
...Plus there's no actual evidence of "genocide" and "forced labor" in Xinjiang or in the rest of China. U.$. government, politicians, NGOs and media ...are spreading disinformation and xenophobia.
@BrightWendigo 10 ай бұрын
No nationalism is enough for Asian or middle eastern countries. It’s just the west that has such horrible populations
@muliawanchandra806 10 ай бұрын
Just ban it citing “Amazing risk against National security”
@PlittHD 5 ай бұрын
I like that for immersion you used a microphone from Temu
@dyf8ib 6 ай бұрын
The secret of temu's cheap goods is that they directly establish a relationship between factories and consumers without intermediaries to make price differences. And the same products can only reach consumers through multi-level dealers and retailers on Amazon.
@tocube1 5 ай бұрын
It's what they claim, not what they really do. mainly because no one is willing to disclose ditching taxes and running sweatshops.
@MrReubenTishkoff 4 ай бұрын
They put those camp 'inmates' to work...
@move2earn-ob1th Ай бұрын
actually they screw over the factories and force them to sell at a loss. good for us not good for the factories.
@paulkingeu 10 ай бұрын
Temu is doing to the USA what Amazon has done to the rest of the world
@d.b.cooper1 9 ай бұрын
Without the billion of $ in countless grants & tax exemptions Amazon insists on simply to set up base in a new place
@caspice 9 ай бұрын
China owns Temu and are only do harm to USA.
@aydapadistudio 9 ай бұрын
Not really, Amazon in Asia is hardly felt.
@Vysair 9 ай бұрын
@@aydapadistudio in Asia, China hold the monopoly. No idea about Amazon JP though
@cathearts09 9 ай бұрын
Hahahaha Europe n US do not make up the "rest of the world"
@cratecruncher4974 9 ай бұрын
The more interesting question is "How does Apple convince consumers to purchase $400 Smartwatches that cost the firm $26 to produce?"
@user-xj2kz4iz4s 9 ай бұрын
Apple products are a reap off. Let US citizens enjoy cheap electronics and goods which are comparable to branded goods.
@achim007ro 9 ай бұрын
😂😂😂 baaaa baaa 🐑🐑
@PatricKlein86 9 ай бұрын
$26 to produce each unit but the cost of Research and Development is where the price tag is. Engineers work for years tinkering with hardware to make smaller, thinner, faster chips. They make up this huge cost with the Apple price tag. China reverse-engineers the stuff and produces knockoffs. They don’t have to spend money on R&D.
@alkh3myst 9 ай бұрын
Snob appeal, and FOMO
@alkh3myst 9 ай бұрын
@@user-xj2kz4iz4sYes, President Xi! We hear and obey!
@hungphutr 9 ай бұрын
🎯 Key Takeaways for quick navigation: 00:00 🏈 Introduction to Teemu's Super Bowl Ad Debut 01:10 📱 Teemu's Aggressive Promotions and Low Prices 02:37 🛒 Teemu's Rapid Rise and Advertising Budget 04:55 🌐 Teemu's Connection to Chinese E-commerce Giant Penduo 06:17 🏭 Supply Chain Advantage and Low-Cost Model 07:42 🚫 Challenges with Xinjiang Region and Import Laws 09:26 📦 Exploiting De Minimis Rule and Customs Control 11:15 🌐 Concerns About Teemu's Cybersecurity and Data Usage 12:30 ⌚ Review of a Teemu-Purchased Smartwatch 14:22 🛍️ Teemu's Potential for Social Shopping 15:42 📜 Teemu's Future Amid Regulatory Scrutiny Made with HARPA AI
@Teruna_Bronson 5 ай бұрын
Thank you..
@ivibivivgig6425 4 ай бұрын
YOU DA MVP
@FuglyStick 9 ай бұрын
Aggressive advertising is a warning sign for me. I don't like being assaulted with marketing.
@FelipeMontoya-gp2ue 4 ай бұрын
They bludgeon you with ads
@jeffpotter2934 10 ай бұрын
Where do you think Amazon and Walmart get their products from? Same place
@TENNSUMITSUMA 10 ай бұрын
F==kin *DING‼️* (wondering when someone else was going to point that out!)
@von8295 10 ай бұрын
@artsandcuriosity 10 ай бұрын
Lol that’s so true. You get what you pay for regardless of platforms.
@mguendumiguel9523 10 ай бұрын
everything from temu is VERY VERY FAKE COPY
@8luvbug 10 ай бұрын
@@von8295how did you do that?
@cleoc3861 10 ай бұрын
Okay, but as someone who buys from both Amazon and Temu- everything sold on Temu is also sold on Amazon for double the money. Just sayin’
@studytime2570 10 ай бұрын
Indian Americans in order to pursue
@studytime2570 10 ай бұрын
model minority status
@studytime2570 10 ай бұрын
are throwing fellow
@studytime2570 10 ай бұрын
asian borthers
@studytime2570 10 ай бұрын
under the
@Zones33 6 ай бұрын
I like how Wish doesn't get nearly as much of the criticism that Temu and Shein get even though they do the exactly same thing. Perk of being an American company I guess. Same with Vine and TikTok.
@crimsonalucard 5 ай бұрын
Wish is also an "American" company. The difference between Temu and Wish is that Temu is pushing hard. Really hard. Tons of money is being pushed towards getting grabbing western users.
@jakubageter1689 8 ай бұрын
That's fantastic.Using a fiduciary will also benefit you. At the start of the year, I gradually increased my stock purchases, but nothing significant. Why am I being so harsh with this? Even though others in my sector make six figures per person, I want to be the first member of my polygamous family to earn a million dollars. I am well aware of the expenses involved with putting in longer hours to earn more money.
@AnnieBeischel 8 ай бұрын
If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.
@Adrianjacek- 8 ай бұрын
@@AnnieBeischel Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
@Adrianjacek- 8 ай бұрын
In fact, I'm not sure whether I'm allowed to mention this, but I'd advise looking up "Stacy Lee Decker" because she was a big deal in 2020. She oversees both my portfolio and serves as my mentor
@patty109109 4 ай бұрын
@@Adrianjacek-she was arrested for securities fraud last month
@raulivan2103 Ай бұрын
Lol @@patty109109
@artsandcuriosity 10 ай бұрын
I’d like to buy products that are produced in US with the same price like Temu. But do I really have any other options? I mean products on Amazon are also made in China.. Come on
@hurricane9851 10 ай бұрын
You will never ever find stuff made in north america for the same prices as chinese junk.
@calmbbaer 10 ай бұрын
So you'd like to pay the same for items made an affluent nation as for those made in a country with no national minimum wage? Sure, and I'd like to make millions of dollars sitting on my ... chair. But neither is going to happen.
@jarigustafsson7620 10 ай бұрын
slave labour and there you go.
@_Wai_Wai_ 9 ай бұрын
@@hurricane9851 Chinese made products such as furniture, kitchen appliances, I can bet most American people or companies have even forgotten how to produce them. Not to mention setting up the factories and the supply lines..
@_Wai_Wai_ 9 ай бұрын
@@calmbbaer products made in US and EU are non competitive, not only due to higher worker wages, but also too much red tape. and bureaucracy in doing business. It is like bribing multiple levels of gov't just to set up a medium to small size business. I would not invest money into building any sort of business in the USA, even though I live here.
@imonbanerjee2997 10 ай бұрын
Just to note, although it says "based out of Boston" in their website, Temu is actually a fully owned subsidiary of PDD which is legally in Ireland and registered in Cayman Islands. CNBC should be more careful with their research
@TENNSUMITSUMA 10 ай бұрын
...so no china anywhere?!
@imonbanerjee2997 10 ай бұрын
@@TENNSUMITSUMA international business works in funny ways. Do note that PDD was originally based in Shanghai but they moved to Cayman Islands relatively recently
@culturalfusion 10 ай бұрын
@@imonbanerjee2997 it’s kind of a six in one hand half dozen in the other situation. They are still a Chinese corporation regardless of their “official” location. This move was probably an effort to appease US regulations/regulators. One should take extra precautions to protect their data when using Temu.
@culturalfusion 10 ай бұрын
@@TENNSUMITSUMA see my response to @imonbaerjee2997.
@dunkinherdonut8471 10 ай бұрын
China still own it. Where they base they operations are company is for tax purposes only. 🙄
@abendroid 5 ай бұрын
Xinjiang is an excuse to say ’Please buy from Amazon’
@hliu396 4 ай бұрын
Just placed my first Temu order after watching this CNBC report
@dd-dd2co 9 ай бұрын
Goes to show how much brands and companies fleece us with their regular prices. The profit margins they make is outrageous.
@keaixiaomeinv 9 ай бұрын
After a certain point, yes. But with platforms like Wish and Temu you're essentially transferring the cost of production and shipping to the poor sods working in sweatshops and the ridiculous idea that shipping from China should be subsidized because of some archaic law. It's a completely unsustainable business model and an environmental disaster.
@mikerobberts9998 9 ай бұрын
@@keaixiaomeinv But doesn't Apple also produce their goods in China?
@keaixiaomeinv 9 ай бұрын
@@mikerobberts9998 There's a huge difference between a modern Foxconn factory outside of Shenzhen and a sweatshop in rural Henan. It's like comparing the Brompton factory in London with a moonshine distillery in Romania.
@barcelonachair6487 9 ай бұрын
@@mikerobberts9998 They are now in India, but even when they were in China they didn't have the sweatshop model. They didn't have to pay and provide for employee wages as though the plant was in US jurisdiction but it was a good living until COVID and they locked them down on their campus. I have no clue what their conditions are like in India now.
@krg038 9 ай бұрын
Luxshare ICT, Apple Watch's major assembler, has production lines in China and Vietnam and has shipped from Vietnam since Apple Watch 7.
@alexhamilton44 10 ай бұрын
Can CNBC please show Amazon's import duties on minute 9:20? We are comparing e-commerce marketplaces, so that would be a better comparison. Amazon's marketplaces also host merchants based out of China. Thank you.
@salvadoramaya4908 10 ай бұрын
Would go against the narrative so they wouldn’t show
@user-zp6dz9jw3g 10 ай бұрын
虚伪的媒体。报道对自己和赞助有利信息！
@Neckername1 10 ай бұрын
Yeah but Amazon helps the feds big time.... First time in the sausage kitchen, eh?
@KILLERONROAD 9 ай бұрын
As much as I hate Amazon, they're a hell of a lot less sketchy than Temu is.
@allurared9029 9 ай бұрын
@@KILLERONROADTemu gives me that toxic chemicals in kids toys kinda vibe. And if I see another Temu ad I think im gonna go ballistic, you cannot go a day without seeing it
@TerellMartin-fb9ke 5 ай бұрын
I JUST SAW TEMU AD BEFORE WATCHING THIS 😂
@seanchang4442 7 ай бұрын
TEMU offers what ppl want, I need a “smart watch” at work that I am not afraid to lose or break it. It works well and cost leas than $10. The previous watch costs over $ 130 but in the garbage can, I remember to replace the proprietary watch band did cost me 40 dollars.
@user-hc9hs4qs9y 4 ай бұрын
Well for me , none of what i bought from ali or temu worked properly or lasted longer than max several weeks.
@seanchang4442 4 ай бұрын
@@user-hc9hs4qs9y I might have made fewer purchases than you, two smartwatches and a few other items. The watch, with its mediocre instructions, led me to believe that one of them might be defective. The affiliate carrier associated with TEMU caused me the worst nightmare, prompting me to cease any further purchases from them.
@ilovegameslibb2917 4 ай бұрын
They talk about trash. How about all the stuff we /stores throw away in dumpsters. Perfectly good stuff they ruin on purpose.
@Arcwol 10 ай бұрын
How is Temu "skirting the law" when they are essentially in compliance with the law? The law says anything under $800 isn't subject to import duties, most products they sell fit that category.
@webapple1 9 ай бұрын
does big business buy media? instead you should pay $800 for a watch when you can get a $10 generic from china that works exactly the same
@dd-dd2co 9 ай бұрын
CNBC fake news is trying very hard to discredit Chinese companies, that much is obvious.
@RealROI 9 ай бұрын
@@badinstinctsKZfaq-xb3oj "skirting"? Please name what laws they are breaking and where and how.
@SpicyPlur 9 ай бұрын
@@RealROIU.S.-China Economic and Security Review Commission (.gov) www.uscc.gov › filesPDF Shein, Temu, and Chinese e-Commerce: Data Risks, Sourcing ...
@SpicyPlur 9 ай бұрын
@@RealROI that has the specific laws, but consumer safety, slave labor, copyright infringement, and the "skirting" of tariffs and customs inspections
@andrewwastien 10 ай бұрын
temu selling point is free delivery without having to pay for a monthly prime membership.
@est9949 10 ай бұрын
For now..
@vectoralphaAI 10 ай бұрын
But it's all cheap Chinese knockoffs.
@user-wq4fb7zt8y 9 ай бұрын
@@vectoralphaAI They also have expensive brands, you can choose what you want, but I doubt these Americans can buy it because of national security.
@__-xf3iw 5 ай бұрын
But they dont have Clarkson, May and Hammond
@massarms4583 7 ай бұрын
Products are a lot cheaper to manufacturer than the average person knows.
@HFYLLC 5 ай бұрын
I literally got 2 temu ads back to back 😂😂😂watching this
@tobyswesternwear 9 ай бұрын
When I first started my wholesale business in the US, my import used to be less than $800 per shipment. But after doing my math, I would have a unit cost of at least double than if I had imported a larger shipment. Which only makes sense because the larger your shipment, your unit cost goes down. This use to be a competitive advantage that US based sellers have against foreign sellers on sites like Amazon and eBay. Now, I'm seeing warehousing/fulfillment companies offering storage space for bulk imports from manufacturers from China so that Chinese sellers/manufacturers can now ship directly to American buyers and compete directly with American sellers.
@millennialodyssey5956 9 ай бұрын
Disgusting isn't it? I haven't shop on any of the above mentioned stores ever or in over a year because of the many things they are doing to American based businesses.
@guardianvalor962 9 ай бұрын
This is just how capitalism works. Compete or file for bankruptcy
@grantchen2324 9 ай бұрын
its really nice, you can get something for your girlfriend and make her happy for $0.99 lol I'd take the deal over the $40 flowers here@@millennialodyssey5956
@CornellBentley 9 ай бұрын
it was all by design too which just adds salt to the wound ….
@vidsbfree4me 9 ай бұрын
@@millennialodyssey5956But it was the American Bankers who funded these endeavors! For the record, the Banksters also financed the 3rd Reich 80 years earlier 🧐 American Businesses don't give a hoot about Americans, they only value the greenback 🫡
@ramacvr12 9 ай бұрын
I bought the same item from Walmart at three times the price from TEMU.
@ganeshdore 5 ай бұрын
Walmart is probably buying from Temu .
@JamilKhan-hk1wl 5 ай бұрын
@@ganeshdoreyup. Temu just allows the consumer to skip the middlemen
@ganeshdore 5 ай бұрын
If Amazon is too dumb to trim their middlemen .. then they deserve to go out of business
@diegoflores9237 2 ай бұрын
It probably came from the exact same factory in China too
@mskrazie 7 ай бұрын
watching this just made me wanna go on temu 😂
@ting2222 6 ай бұрын
Very informative
@yinyang9109 9 ай бұрын
An online shopping platform tha allow the manufacturer set the selling price to sell directly to the consumers without a middle men, genius. It's a win win for everyone.
@rattlecat5968 9 ай бұрын
It's not a *"WIN"* for Americans losing jobs (therefore not earning money TO SPEND) as China is manufacturing and selling 50% of the imports coming into this country while *avoiding* paying the tarrifs that protect fair competition from American manufacturing companies and the people who buy bread and butter with their paychecks from working at these American companies.
@luisdiaz8474 9 ай бұрын
Well technically temu is the middleman but they do shorten the process of manufacturing, warehousing, distributing, and retailing the products. Temu would literally just be like brokerage for a manufacturing company/companies.
@wisico640 7 ай бұрын
Good for everyone but your local economy...
@__-xf3iw 5 ай бұрын
Well technically what you are describing is the current State of Ebay and to some extend Amazon. @@luisdiaz8474
@enzhus 4 ай бұрын
@@wisico640 My local economy? USA produces none of those!!!
@tanmeysaraiya4130 9 ай бұрын
It just proves that how high the profit margins are for most companies
@beckysam3913 9 ай бұрын
not really, because, the chinese government pays for the losses of TEmu, because TEMU is chinese gov company. similar projects by the chinese gov companies are running in south africa as well, with the goal to undermine local, regional african businesses and with success which means many shopowners went bancrupted. its instabilizing local companies. and china attacks now western world, europe and usa as well with same goal, to instabilize economy. its not bargain, you pay with instabilizing and bancruptcy of own economy. temu was located in china but when too many people saw through, they located cooperation in usa as well. its the chinese project to attack western countries and exploiting africa in the end
@DrCasper. 5 ай бұрын
I dnt see anything out of ordinary, its jst agressive and clever business and marketting. Every company n every country does the same. Wait, let me download temu n check for myself, thanx for the heads up
@roblouw 2 ай бұрын
Thanks. Just placed an order
@TheNoerdy 10 ай бұрын
The most impressive thing to me is how cheap they have managed to get tech that even 10 years ago would be remarkable and 50 years ago would be magic.
@paulishak5673 10 ай бұрын
My experience from AliExpress, that you get what you pay for. BAD QUALITY
@TENNSUMITSUMA 10 ай бұрын
@@kikiiza3379i haven't yet and have spent over 500 dollars that would have cost me 3xxx in brick and mortar stores, and 15xx between amazon and ebay!
@seymorefact4333 10 ай бұрын
😂🎉😂🎉since the USA govt is warning not. I'm going to download Temu! THE USA commits genocide every year with wars, sanctions, enslavement, and looting! There goes their human rights argument!😂 F U Tim Cook. He made hundreds of billions in bonuses.. Aple paid 0 taxes, make products in China, India, and Vietnam with lower labor costs and no labor laws. Same with Nike, gap, H&m, etc... All USA Corp cheats the system. The USA using national security. ... Qualcomm, Intel, Amazon, Google, Meta.... they have trillion dollar contacts with CIA, Pentagon, nsa to spy on the globe! They are a privacy threat..... these Corp share your info to others and govt! Duhhhh! Bravo Temu....at least we don't over pay! I can save money and retire early. ... LIKE A BILLIONAIRE! I LOVE a temu ad came on during this PROPOGANDA piece! 🎉🎉
@Rust_Rust_Rust 10 ай бұрын
@AdoraTsangi trust you asian lady
@thomaskim5008 10 ай бұрын
@@kikiiza3379what scam? Where are the evidences?
@xanthusous 10 ай бұрын
Every time I see a Temu ad I think of Portlandia's 'Instant Garbage' skit.
@analienfromouterspace 10 ай бұрын
That's what is called flash sales, so of those quick ecommerce companies are not for the sake of long term projects, Temu will burn once real competition starts and major countries starting to ban the app, just like Wish which did the same business model as Temu and is not ending well for Wish either.
@nellienewyork 5 ай бұрын
So...in other words...we are getting products worth 200 dollars when in reality the cost 1 dollar to be manufactured....
@CovertOps1 19 күн бұрын
Wonderful video!
@JamesJones-mg3ts 9 ай бұрын
I think a lot of this push back is, in the back of their minds, politicians know we have a competitive problem and use alternative narratives to avoid just acknowledging that AS the root of the problem. Back in the 50's, Japan had a reputation for shoddy goods. They improved quality and offered better prices. Even in the 70's, Japanese cars were not the thing they are now. In the 80's you got that Gung Ho movie (with Micheal Keaton in it, a 'pop' reaction) as we struggled this with what's an identity crisis in where the U.S. stands in manufacturing. The torch is passing still and will continue. I expect India will be the next push-back as they are a rising technological power as well. What's ironic is a LOT of what we've preached to these countries regarding manufacturing that's made them so competitive are things we've failed to follow through on ourselves (complacency).
@FireMadeFleshII 9 ай бұрын
THIS. 💯
@brunomoreno3666 9 ай бұрын
China and India have the power of amount of people, indians are not smart, i have worked with them for years. Their culture is to scam people, even when getting job, for every good worker there are 1000 that dont know nothing.
@SimonFranck100 9 ай бұрын
The US never had a reputation for quality goods. India is not a "power" in any sense. 70% of its families earn less than 150 USD a month, and it ranks near bottom in most human development indices. Unless India invests in its population, its demographic dividend will remain a mirage
@Chaotic_Pixie 8 ай бұрын
No. Literally none of this. Wage slavery and zero environmental practices explains China. That's it.
@AnnaKrueger809 8 ай бұрын
I’ve lost so much in the past 8 months from failed economy and banks,Real estate crash,depressions,stocks,dividend,you name it What a terrible year it is...
@jct8165 9 ай бұрын
Just to think how Americans are helping Chinese economy so directly is beyond me.
@quasicesium 7 ай бұрын
Can't blame Temu, it serves its purpose to the other side of humanity well. At least, it doesn't go to the extreme in pretending to be some brand name then charges people 20 times what it actually costs to produce.
@user-ib5hj2js6h 6 ай бұрын
It aims to capture the "sinking market".
@MrReubenTishkoff 4 ай бұрын
Temu is nice and all, but don't forget to read the app's fine print. It grants them access to virtually everything on your phone.
@quasicesium 4 ай бұрын
@@MrReubenTishkoff I put "No permissions granted" and it still works fine.
@MrReubenTishkoff 4 ай бұрын
@@quasicesium Knowing who we are talking about, I would not take that as a guarantee data isn't being siphoned anyway...
@c.garcia2363 7 ай бұрын
First purchase was dirt cheap. 3 purchases later...rewards were not honored and prices are 30 to 50% higher than U.S. retailers. Not falling for it anymore.
@dormousecat3947 9 ай бұрын
China and the US are like a match made in heaven. A perfect symbiotic relationship. One produce and one consume. Can't we all shake hands and be happy 😊
@ChicKvintageShop 9 ай бұрын
I agree with you 100%
@gardeningrelaxation 6 ай бұрын
No, because China wants US death. Want to replace US dollar. When that happens, US people will have not much money to buy. Chinese would have all the money.
@itsasecret2474 6 ай бұрын
You are mistaken. china doesn't allow you to believe in heaven
@__-xf3iw 5 ай бұрын
You mean Excessive Consume and Dirt cheap exploiding production? Are you happy with some Uygur slave-child has to work 7 days a week So you can buy cheap and almost worthless trash which you will most likely throw away after some time?
@GunnarShaffer 9 ай бұрын
Great video I ordered 30 items for $130 last month it came in 2 weeks and I was surprised at the quality of all products.
@eriksonyw 9 ай бұрын
So how were the qualities of the products?
@rubenalcazaras4200 9 ай бұрын
Its good and cheap
@rogermendez7266 9 ай бұрын
Child Quality labor Sad
@jasonsoo6138 9 ай бұрын
@@rogermendez7266Chinese children are required to study long hours by their parents, ain't have time for child labor dude. 😂
@d.b.cooper1 9 ай бұрын
@@rogermendez7266 Amazing people have these 1980s/90s attitudes to anything produced abroad.
@HekkingDaan 7 ай бұрын
It sounds like you got the mic purchased from there as well...
@angel878958778 7 ай бұрын
Why not say that more than 70% on products on Amazon come from China? Temu from app point of view...is aliexpress rebranded.
@christendenise220 10 ай бұрын
Out of curiosity I ended up buying 4 pair of shoes, 2 pair of jeans, 2 dresses and a few kitchen gadgets. The chemical smell from the shoes and clothes were awful. The quality of the jeans wasn't bad but I found the cotton style dresses were sub-par material. Not soft after washing them. I didn't expect top of the line, but my curiosity is now satisfied, I don't plan to get anything else from them.
@vectoralphaAI 10 ай бұрын
They only sell China made cheap knockoffs.
@Miss_Sylvie 10 ай бұрын
Some of these items ended up on Amazon through sellers. I bought a swim suit that gave me stomach pain when ever wind hit me. There was something wrong with the material. It felt like gall bladder attack. At first I thought it was me, but then I realized it was whenever I put on the swimsuit. Its better to feel and see the fabrics or keep to known name brand. I will never buy online clothes again. I don’t know what chemical was on it, but it was physically causing me pain.
@christendenise220 10 ай бұрын
@Miss_Sylvie Wow that's wild!
10 ай бұрын
@@christendenise220 It is nonsense.
@maxwellspeedwell2585 10 ай бұрын
Yrp, bottom of the line from china.
@mrslcom 9 ай бұрын
They might not pay duties or regular shipping rate but they pass the savings directly to the consumer instead of keeping them as profit. Meanwhile the local retailer might pay their fair share of taxes but their prices are tripled or more for the same product. We need companies that compete fairly and responsibly and also not gouge the general public.
@krg038 9 ай бұрын
Not gouging the public will never happen. Thats corporate rule #1, get as much money as possible.
@dc2guy2 9 ай бұрын
Can't have it both ways with Capitalism
@nayemalaboni8318 6 ай бұрын
But these products are made from slave labor
@nitinmirpuri3313 5 ай бұрын
Not to forget the local retailer has the fixed expense salary rent utilities insurance etc etc
@Pj287. 4 ай бұрын
@@nitinmirpuri3313 exactly. There is so much more expense when adding an international warehouse alone.
@cindypownall6947 4 ай бұрын
Lol got ads for Temu while watching this
@MrBlinder514 4 ай бұрын
Without talking about Xinjiang, those scholars don't know how to talk about a Chinese firm. LOL
@ohiorichkidbeats 10 ай бұрын
Consumers dont give f*** about tariffs, we been getting overcharged from America companies,so we don't give a f' we appreciate Temu..4real
@youtubesucks8024 10 ай бұрын
Word
@tjchrist4264 10 ай бұрын
It's okay for us to make 💩 wages, while our companies and CEO's make bank. If we don't get off our a$$es and push/vote for these things to stop. It will continue.
@Mediation456 10 ай бұрын
😂😂😂😂😂😂❤
@AdeleiTeillana 10 ай бұрын
Ah, yes, overcharged by those American companies who have to do things like pay living wages to their workers. Screw that! It's so much better to funnel our money into China so that short-term we can save money. Who cares what happens long-term?!
@jobunaga4178 10 ай бұрын
you're ignorant because allowing a company to skirt tariffs and run domestic business out of operation will only lead to your getting poorer.
@SteveBoobJobs 10 ай бұрын
C'mon, who green lighted this? Tf is up with the audio?
@connorb852 10 ай бұрын
was thinking the same thing.
@pqlasmdhryeiw8 10 ай бұрын
Same - horrible audio. Maybe the microphone came from... Temu.
@danaredricks1272 8 ай бұрын
The economy in USA is a driving people to use Temu. The prices are going up so much a person can't help, but get drawn buying the low cost items especially people with low incomes.
@saadtariq7937 7 ай бұрын
Isn’t apple and Amazon etc playing like same with us with our data? So if Amazon sells the same stuff from china is it ok?
@Maddin1313 9 ай бұрын
I don't understand how anyone can buy this landfill stuffing more than once.
@KC-vx7gj 5 ай бұрын
You don’t understand a lot of things of this world; and yet the world functions with or without you
@doodskie999 10 ай бұрын
So Temu is like the Lazada/Shopee for the US While here in Asia, we are just starting to get Amazon.
@Abebil3 10 ай бұрын
I wonder if Temu comes to Asia what will the impact be ?
@doodskie999 10 ай бұрын
@@Abebil3 nothing really, its basically like ali express lazada.
@mguendumiguel9523 10 ай бұрын
everything from temu is VERY VERY FAKE COPY
@jankay8569 10 ай бұрын
Downvoted
@markosmataasii2000 10 ай бұрын
Amazon will have a tough time to compete with Lazada and Shopee.
@TheSateef 8 ай бұрын
how do they get something from the middle of China to NJ in a week for free?. i can't mail a package from NY to CA in a week for less than $10.
@JustJayTeeVee 7 ай бұрын
Great video
@perropulgoso3351 9 ай бұрын
Temu is giving Amazon and eBay a run for their money.
@isthattrue1083 9 ай бұрын
no
@princemedard2709 8 ай бұрын
@@isthattrue1083 No what? explain you point of view.
@budgetking2591 5 ай бұрын
lol
@swaggod226 4 ай бұрын
No way temu is all cheaper Chinese stuff. Amazon eBay deals with big box names and branded products
@nickadams7775 10 ай бұрын
"Give me a paid news story that's really just a Temu ad without telling me it's a Temu ad"
@Josh-hv5ni 4 ай бұрын
“So what is temu doing with your data? Well anyway we bought a watch and thought the box was nice”
@nonnywinner5039 8 ай бұрын
We can forward packages from China to US or from US to anywhere for $5.69, and goods arrives in less 16:23 than 7 days. Depending on size, packaging and product finial destination.
@Elc22 10 ай бұрын
So... Temu is just Wish, but with a better marketing budget and more modern UX... I had a feeling this was the case.
@detorreonpla3424 7 ай бұрын
Exactly. How is different than Wish or Shein
@youtubedeletedmyaccountlma2263 7 ай бұрын
"modern" UX. Wut lol
@Jscnros31 10 ай бұрын
The truth is that an Apple Watch is way overpriced and this just confirmed that it can be made cheaper maybe not at 10 dlrs but not as much as they say it does.
@thewonthatloss227 10 ай бұрын
@@mikhaillastname8719 crazy how everything is "trash" to y'all because it doesn't have the brand label on it that YOU approve of. If hard working people want to spend their money on whatever THEY want to, why do y'all care?
@sconescrewdriverson 10 ай бұрын
It's not even about the manufacturing costs, it's about the development and management costs. When you buy an Apple product, you supposedly buy the best gadget that could possibly be made for you by the best people to make it. When it comes down to it, though, yeah, seems like they could make some cuts.
@ronblack7870 10 ай бұрын
well they have to pay crazy salaries to their employees like engineers . they make like 250 k to start. they are part of the same tech culture like twitter used to be . they had wine on tap like soda pop. free lunches with chef cooked meals etc. it's apple customers that pay for all that.
@madsam0320 10 ай бұрын
Not at ten dollars, no. The costs of the finished products from OEMs are even lower. After all, the ten bucks smartwatch has to take into consideration the shipping costs and temu commission.
@learningmax7286 10 ай бұрын
Actually they are okay with $8, as long as you give your data to temu.. Apple at least keeps your privacy and has updates as long as you can remember.. and also, keep in mind that temu is a fashion watch, apple is a tool watch..
@Jammog123 8 ай бұрын
To be honest i have never been disappointed. I know where its coming from. sizes fit and as described products.
@User888User 4 ай бұрын
Thx, I will check the store
@saltsugar1641 10 ай бұрын
The U.S. NEVER mentioned anything about the EXTREMELY HIGH profits made by the American importers, wholesalers, and retailers through global sourcing. Temu's advantage doesn't rely on labor cost or tariff, which won't make that much difference from other type of international trading. The real savings come from somewhere in-between. For instance, a shoe at FOB $3.00 turns out to be $9.99 on the shoe racks of discount stores, or even $15.00 in the department store. Where did that $6.99/$12.00 go ? The retailer's cost is usually only half of the selling price. In-between, the additional charge goes to American importers and wholesalers. China has only earned the smallest fraction of the whole chain, as the Amercian buyers are over-too-good at "killing" the price. It is the U.S. importers, wholesalers, and retailers who have grown their EXTREMELY HIGH profits ever since outsourcing in China. As people of God, it's really a shame for being a burglar while pointing China as a thief.
@HH-le1vi 10 ай бұрын
Temu loses money. They sell overstock trash that can't get sold in mainland China or to other companies.
@C-jnsd14e 10 ай бұрын
Yeah - I guess when you have to pay employees an actual wage, pay for full price postage and real taxes its considered "extremely high profits". The 50 cent army is waiting for you, wumao.
@billmoyer3254 10 ай бұрын
OK Hop Sing
@VintageToiletsRock 10 ай бұрын
Are you a large language model?
@abinjoseph9808 10 ай бұрын
this is stupid, they provided local job and was part of next gen capitalsm move, temu is a bad bussiness model for usa
@AwokenEntertainment 9 ай бұрын
it's mind-blowing to me how cheap they can get some of these products..
@chikiboomboom665 5 ай бұрын
Never heard of it but now going to download it 😂😅
@JamilKhan-hk1wl 5 ай бұрын
Audio quality feels like it was recorded off an very old laptop
@daku911 10 ай бұрын
The way things are going, Temu may become one the last places where the average person could afford to shop. Stopping it may severely limit what the average person can afford.
@sweetcherry7759 10 ай бұрын
My thoughts exactly.
@benjismith593 9 ай бұрын
That's why CNBC is snitching , and crying about it. Their advertisers are mad about being exposed. Walmart has been ripping us off for years.
@user-wq4fb7zt8y 9 ай бұрын
Yes, Pinduoduo has created a miracle of rapid growth in China, because it is only here that people realize that money is really valuable.
@user-mr8yl2fg9k 7 ай бұрын
Gotta keep that liquidity within the motherland homie
@SandcastleDreams 7 ай бұрын
Just wait for an EMP to hit. You'll wish you hadn't helped put the local stores out of business! 😊
@Sceptic850 10 ай бұрын
When you can't beat them fair and square, ban them
@Renatofsa355 10 ай бұрын
it is called free market 🤣
@von8295 10 ай бұрын
😁🤣😂😂👏👏👏👏👏👏👏
@peekaboopeekaboo1165 10 ай бұрын
@@NotOnlyLiveOnce Not really. PRC gave conditions for operating inside their country ... But Fb, Google, etc... failed or refused to comply. Everyone knows U.$. government has unwritten policy of overthrowing the CPC by whatever means possible !
@weihonglee5330 10 ай бұрын
@@NotOnlyLiveOnce China didn't ban them, China just put a big beautiful wall around internet , some people and officials from China use Facebook and Twitter ,KZfaq, with VPN. If they comply the Chinese government's rules like Chinese companies do ,then they can operate in China,but probably lose international markets and face huge backlash from their own governments . its pretty genius for tiktok and temu set up two versions for each markets .
@jackli6592 10 ай бұрын
@@NotOnlyLiveOnce when we reserve ourselves to china, we already lost. just like someone said "Hitler did it" doesnt make it right to do it.
@leehienyu 6 ай бұрын
The comments are very insightful 😮
@HiddenMantis-jb1jo 5 ай бұрын
This documentary looks like an AD for the 10$ smart watch xD
@RanDom-Interloper 9 ай бұрын
I bought some household items like a wheeled storage bin and a dishsoap pump dispenser. Packaging was awful I was surprised the items were not damaged, but, I am very happy with my purchase and the dispenser was cheaper and better quality than what I could pick up at Walmart or TJ Maxx. Will probably buy more of the same because of those reasons. No I wouldn't buy clothing or electronics from Temu, but plastic household items, absolutely.
@ychongy 9 ай бұрын
Oh you would be surprised of the surprised 😂
@sortasurvival5482 9 ай бұрын
As long as its not food storage or baby items or pet items. Hell ya. But woth lax regulation, there could be toxins in the plastics. Laundry hampers and toilet cleaner. Ya go for it.
@dropshipincanada 9 ай бұрын
you think they have FDA in china? there probably using super cheap toxic chemicals to create those items. If you buy from a famous u.s brand i doubt they will ruin there brand by using toxic chemicals atleast your getting something somewhat safe or can even sue the company if they use illegal chemicals to make it.
@haystack1 9 ай бұрын
Apart from the plastic things, I bought lots of smart switches, USB switches etc and they work very well. Later I did find the same thing on Amazon, it's more than 50% cheaper
@pcs9518 9 ай бұрын
The clothing items aren’t anything worse than what you get at Walmart
@benitzers8858 10 ай бұрын
it's like saying no to products from china due to human rights concerns, but then being totally fine with moving to a place like viétnam,indía where human rights aren't a big deal, to keep making the exact same thing. 🌍🏭
@benitzers8858 10 ай бұрын
.
@MartinNew14 10 ай бұрын
true
@d1p70 10 ай бұрын
lol typical american ignorance. are you seriously comparing china to democracies like vietnam or india?! or do you think all third world countries outside the west have poor human rights? hilarious coming from the usa where your biggest company amazon forces its workers to slave in warehouses and pee in bottles!
@sweetcherry7759 10 ай бұрын
You make a very sad depressing but fair point. 🤔😓
@kevo212 10 ай бұрын
as we all view this from our American made iPhones
@bagusdwi6215 4 ай бұрын
Why is this audio quality sounds really bad? Do you bought microphone from temu?
@RSI24 6 ай бұрын
I got some decent stuff from Temu especially those two way ham radios for $3
@DanielBParada 10 ай бұрын
Waiting for the reupload lmao the audio is scuffed
@RanDom-Interloper 9 ай бұрын
Critics like to say Temu products are cheap because they are low quality, and a lot probably are. But what they don't want to admit is that many of the products on Temu have no equivalent versions ANYWHERE ELSE in the US. I go to Temu for the unique and creative selection, not the price which will probably rise higher after the teaser stage.
@susiex6669 9 ай бұрын
Exactly. The good times and cheap prices arent going to last forever so Im stocking up on the essentials that I know Im going to need down the road like; party/cake decorations, gardening supplies, first aid equipment (splints, etc.) and so on because I refuse to be gouged by local corporations.
@sboinkthelegday3892 9 ай бұрын
In actual capitalism, a price point is a reliable narrator of the item's worth. Not so in petrodollar fantasy lands, where everyone wants "a bargain": free lunch. Essentially legal loopholes to allow stealing when others pay the price. And have the backbone to cry that it's jsut "fair" to get the "market" price in their fixed gamble market. Exploitation yesterday justifies the same range of prices today, and forever.
@martianleader1 9 ай бұрын
Me too. I got this unique dead hanging Halloween rat.
@susiex6669 9 ай бұрын
@@sboinkthelegday3892 Have you ever been on Temu, 🤡? Just like a grocery store chain, some items are cheap and others are not to offset the cost of selling those cheaper items. Its up to the consumer to be savy and decide what best to spend their money on. Clothes for me on Temu is hit or miss, but for house stuff, they are great because they have items Ive never seen on sale in my city. I like the variety in their storage items. I live in an apartment so that comes handy. You dont like it, dont shop there. End of problem.
@janeblogs324 9 ай бұрын
You are going to be blown away when you see the diverse selection from Japan
@wingkeeho5864 5 ай бұрын
Temu is actually supported by the consumers including those media, politicians and govt who like to buy bargain goods, which is in fact human nature. Temu is capitalizing their business on this human nature.
@donalpaccio4233 Ай бұрын
We're over-vilanising Shein or Temu, but in France, when I need a kitchen accessory or a bathroom organizer, I won't necessarily go to Ikea or local supermarket and pay 30€ or so, for an acrylic or "bamboo" organizer, when I can get the very same thing for 10€ or less from Asian e-commerce. Whatever you can get in UE, it's made in China but eventually assembled in the Netherlands... The quality is the same, but the price is more pocket friendly, especially in the recession. As for the quality, let's just say that everything will break if you don't take care of it or if it's made to be repurchased. And also what you can find on Amazon for 26€, you'll find for 6€ on Shein, sooooo.....
@primecash144 10 ай бұрын
We are sheep 😢😂😂
@peekaboopeekaboo1165 10 ай бұрын
Not really. Freedom of choice.
@ninjanerdstudent6937 9 ай бұрын
Never heard of Temu. It sounds like a competitor to Amazon. Anybody who takes on the behemoth, is doing a good thing.
@SpicyPlur 9 ай бұрын
Slavery is a good thing because you don't like Amazon?
@IamLEGENDkb24 9 ай бұрын
lol almost all things form Amazon are also from China..@@AIP404
@__-xf3iw 5 ай бұрын
Well not if you doing it even more "evil" then Amazon. They purposely undercut the Market so much that they LOSE Money for now. Just to establish themself and hurt OUR western Economy. Amazon still bad though.
@__-xf3iw 5 ай бұрын
Actually Amazon started like this with Books. Undercut the competition to drive People out of Business even if its not profitable in the short Term. Once a Marketplace is big and mighty they can DICTATE the Prices like they want.
@FelipeMontoya-gp2ue 4 ай бұрын
Yes why not cheer for a crap Chinese company
@gunplaygaming6830 5 ай бұрын
They have really good vape pens for 5$ compared to 20-25 from my local headshop or dispensary.
@Princess15732 5 ай бұрын
If the product is free/very cheap, the chances are you are the product.
@Ace01010 10 ай бұрын
Working at a warehouse temu packages by the pallet are loaded in our trucks. Consumerism really got y’all hooked but hey without y’all I wouldn’t have a job so…
@sconescrewdriverson 10 ай бұрын
I'm sure you could find something else. As long as someone wants something somewhere, there's a place for you.
@saulgoodman2018 10 ай бұрын
Asides from electrics. That $5 hat, kitchen specular that you buy, cost like .50 cents to make.
@WhisperedWonders68 5 ай бұрын
CNBC trying it best to highlight any negative about TEMU. Have CNBC received payment from bigger brands as they are worried about expansion of TEMU??
@Faridun2801 9 ай бұрын
This video forgot to mention that Temu, like the rest of Chinese marketplaces, leverages subsidized UPU postage rates (40-70% lower than regular rates) for underdeveloped countries (isn't it ironic that in order to get subsidized shipping the second economy of the world claims to be underdeveloped?)which is why shipping from China is dirt cheap but if a dissatisfied customer wants to return the products to China then they would need to pay the full international shipping price as US is a d developed country and doesn't get subsidized shipping.
@nexcenent.3331 8 ай бұрын
This is totally untrue. I requested several times for Temu products returning. The process is not only easy, but totally free for me.
@TheOfficialOriginalChad 8 ай бұрын
@@nexcenent.3331it was true a year or two ago. Now they know they need to make the investment to make returns easier
@wuffendok 7 ай бұрын
Pinduoduo, the mother company for Temu is a Private Company and they make obscene amount of profit in China alone. Pinduoduo is not a strategic business. Why on Earth would the government subsidize a private company like Pinduoduo?
@billpetersen298 6 ай бұрын
All western countries, are paying for Chinese shipping to all of us. Undercutting our own business. We are paying them, to destroy us.
@dan-bz7dz 6 ай бұрын
subsidized shipping. did you pull that out of your a**?
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