Temu Is Killing US Businesses! Is Yours Next?

Рет қаралды 20,036

6 ай бұрын

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According to Wired magazine, Temu is losing hundreds of millions of dollars to send you cheap stuff from China in order to grab mass market share from US shoppers...and it's working.
But the real question is whether companies like Temu and Shein are affecting US businesses? Watch this video to the end to find out.
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Пікірлер: 122

@mywifequitherjob 6 ай бұрын

@herbleonard88 6 ай бұрын

Temu doesn't have top brands it's for people who are financially hurting.

@healthynewliving5304 6 ай бұрын

I don't even look at Temu ads, because I have been watching how Chinese sellers operate on Amazon. I am not against any group of people or ethnicity, however, Amazon letting the Chinese sellers run over USA sellers is now taking its toll. Small businesses fuel the economy by providing spending power to the business owners and their employees. However, when a huge chunk of the US spending is going to overseas sellers, there is a ripple effect. United States small business can wither and die and so does a huge chunk of the spending with them. If this continues, Amazon, Temu, Shein and Walmart will all be in trouble as U.S. consumer spending is shrinking, but more sellers are competing for the same dwindling pie. Crazy!

@bestskinbleach4530 2 ай бұрын

"I don't even look at Temu ads" 🤨You sound stu.pid asf. You do looks at Temu ads, ANY ads. Advertisement are pushed to the subconscious theres no way to ever avoid them.

@c.b.2250 Ай бұрын

Yes we see your etsy s behaviors ewwryday as a seller. Etsy was actıng lıke a god and stıll dıdnt get ıts lesson. Its tıme to cry for etsy 🎉

@nicolelove2501 4 күн бұрын

Not that i condone communism, no, not all! but "capitalism" is overrated, flagrant, even a lie, because capitalism is one big greedy monopoly ran by hedge funders, and inside-traders, who infiltrate and conquer, who also, on the front end, seems to offer good opportunity, fair trade, and reasonable prices, -- until they get what they want, they take over, make all the money for themselves and leave it's vendors, and consumers high and dry, as they insidiously shut down businesses, as they are culprits in the divesting of neighborhood stores, shopping malls, restaurants, etc., leaving empty store fronts, empty communities, empty opportunities. I don't like the exploitation which is attached to "capitalism," when they monopolize [infiltrate, take over/conquer/BULLY -- thriving businesses' goods and services]. 🚫monopolies; no [shadow or secret] hedge-funding 🚫monopolized/hedge-funded Real Estate Investors & Developers buying up all the land/houses and farmland. 🚫capitalism 🚫corporation lobbyists 🚫secret inside-traders.

@jasonreviews 6 ай бұрын

I shop at the 99 cent store. But yeah I buy a lot of stuff from temu. US is just too expensive now. Plus Daiso.

@WisdomWithin999 6 ай бұрын

I'm not buying from Temu any more. I don't want to support slave labor camps. This changes everything.. thank you for sharing

@SexyUndisputed2All 6 ай бұрын

Let's be transparent: every company, employers' goal is cut costs. Every major company in the world has factories in Asia and Latin America, think they're not slaving their workers? Even in the US, most powerful ever nation, people aren't being slaves over wages and conditions? Nike h and m Walmart Amazon target apple.... why we love capitalism no?

@kamelsf 6 ай бұрын

Well said ! It's blatantly hypocritical how some people are quick to call out alleged slavery in places like China while turning a blind eye to the modern forms of slavery rampant in the US and EU. This isn't just about far-off factories; it's about the systemic exploitation happening under our noses, often with the tacit approval of governments and major corporations. It's a convenient smokescreen, diverting attention from domestic issues while demonizing foreign competition. The reality is, labor exploitation is a global issue, deeply embedded in the capitalist system we so proudly champion. We should be fighting against these injustices everywhere, not using them as a ploy in economic rivalries.

@onemanfourtanks5556 6 ай бұрын

@@SexyUndisputed2All Only difference. You can freely say so about Amazon, Walmart or whatever. But about Temu or any other Chinese big companies, being owned by CCP, you say the same, you will vanish from the society. That's not capitalism.

@SexyUndisputed2All 6 ай бұрын

@onemanfourtanks5556 you believe that? It's the party you talk smack bout get you in trouble not some corporate business. They criticized alibaba others freely on their social media constantly and no disappears have happened. Here corporations and lobbies own the politics and talk one bad word they don't like you're fired or your campaign funds dry up

@LaOwlett 6 ай бұрын

@@SexyUndisputed2All Communists are hilarious. It's socialist and communist countries that use slavery, not capitalist. Capitalism (aka a market economy) requires the free exchange of goods and services, that means work must be voluntary by definition. To compare low wages to slavery is offensive, and tells me that the word means nothing to you.

@carriegooch9410 6 ай бұрын

I had some company create a counterfeit product of one of my bestselling products and stole my product photos. My handmade $50 product is now being advertised on TEMU for $1.75. 🤯

@TV-vy1dm 5 ай бұрын

Nice watching this...thank you

@painandinjurydoctor 5 ай бұрын

Their ads are everywhere online...

@jewelly6586 6 ай бұрын

I don’t have a lot of money but I refuse To buy anything from these companies for this reason and more

@keepitreal829 5 ай бұрын

100% agree . Let the games begin 💪

@sunny37845 11 күн бұрын

Thank you sir

@BoardGame21 6 ай бұрын

Temu offers competitive prices by establishing a direct link between consumers and cost-efficient producers, thereby eliminating middleman fees and allowing purchases at factory wholesale rates. This direct-to-consumer approach removes unnecessary markups, making products available at highly attractive prices. In addition, when tens of thousands of consumers aggregate their orders, they generate bulk shipments. This volume makes what would be high shipping costs for individual items much more economical. Consequently, the gross profit from these products covers the shipping costs, allowing the merchants on our platform to maintain a fair margin. Temu’s direct-from-factory model is distinct from traditional retail in that it minimizes the number of times goods are transferred, which translates into substantial cost savings. Dispatching goods directly from the source eliminates the need for multiple stages of transportation and warehousing, addressing what is often the most significant expense and inefficiency in conventional retail operations. With minimal inventory waste, the pricing is still adequate to cover the costs of the product, transportation, and sales, while still providing sellers with a healthy profit margin for further development of their business.

@mywifequitherjob 6 ай бұрын

I guess Temu employees watch this channel too:)

@daddyschainsjewelry 5 ай бұрын

But $1 It’s $1 There’s no way there’s not slave labor involved. There’s just no chance. is cheap as the products are for one company to be able to pay their light bill off of one dollar they would have to sell hundreds and thousands of the same product which they do which means their people are making nothing.

@julesfalcone 2 ай бұрын

No mention of slave labor, anti-competitive predatory pricing.

@the_night_sky777 6 ай бұрын

I'll never buy there! Thank you for educating us!

@echomerx2888 3 ай бұрын

Yes I uninstalled Temu a while ago, Thank you for posting this video ❤

@stark0036 6 ай бұрын

Great video, but I have searched in vein to find the interview with Jerry the t-shirt guy and can’t find it anywhere! Can you help link it?

@user-np4ej7qq1t 6 ай бұрын

Hum... I'm not sure this reasonning is completely correct. If the US government starts to tax goods imported in the case you are talking about, Chinese companies are not located in the US so the one who's is going to pay those taxes is certainly not Chinese companies but us US citizens who want the products from abroad. The Chinese company is simply going to ship us the ordered product and for us to collect it we gonna have to pay the additional tax to collect our products. Why more taxes on our head? $800 isn't it a threshold to make a difference between what is imported for commercial reason and should be taxed and what is imported by citizens for their own use: just like when we cross the border back home and we don't pay taxes on small stuffs bought abroad. 2/ This idea is going to backfire on those small US businesses that are importing from China: all that are importing from China will pay more. Just like the IOSS in Europe all companies pay it, but it's systematically paid by the customer who orders. So not buying from China is better: and then again if I can't afford something my kid really want what should I do: not buy it anymore? This is a complicated question. Let's not be quick at deciding on something that can backfire. After all Temu is doing this right now at a loss not profit. Something must be done I'm not just sure that levying more taxes on us is a good idea.

@domingasmiguel8970 6 ай бұрын

I will buy from Temu an sell on Amazon or eBay

@user-dk3up2nl1m 2 ай бұрын

Great idea!

@aqwtradingnz 5 ай бұрын

Hi, I'm surprised on your words. There are lots of factories working with SHEIN and TEMU and earn lots of money. The world has been changed, and I may suggest you should update your concept on business model. There is no doubt, TEMU and SHEIN will keep growing because the business model is workable.

@sandybruce9092 4 ай бұрын

If you want to support communist countries and forced labor, be my guest! I hope you can live with this!!!

@bihuiwang9955 4 ай бұрын

We are talking about business. Either facing the challenges of the new business model, or staying still to dye.

@user-dk3up2nl1m 2 ай бұрын

@@sandybruce9092nike has left the chat

@xmz70 2 ай бұрын

The factories do not have argueing power over SHEIN or TEMU. They do not earn lots of money.

@nicolelove2501 4 күн бұрын

This is very telling!

@MercedesMechanic 5 ай бұрын

Temu will be the last nail in the coffin Amazon made for American commerce.

@flippingforreal109 6 ай бұрын

I don't buy from Shein because their items are really bad quality, Temu I purchase something once. On those platforms when buying item people need to think about does it meet US standard quality, like no lead paint in clothing, poison chemicals and hazardous chemicals in clothing and plastics. Before too long the US government will step in and push for change, hopefully it won't be too late. When dealing with US companies there is a standard of what is allowed and what isn't, I am not hating on China but they let a lot of stuff go.

@patrickcardon1643 6 ай бұрын

Regulations are to protect the user (a lot of people don't understand that and think it's just to restrict and bother manufacturers) ... you can be sure that in China they really don't care about it. Enough videos on YT where you can see how their lack of regulations and complete corruption at all levels is making life so hard for the Chinese ... food, electronics, cars, buildings, infrastructure ... it's a crying shame

@carlosdelucca4756 6 ай бұрын

Temu is killing my busines i’m losing sales bad I sell T-shirts on Wish and eBay I’m not getting enough people buying my products anymore

@Brosfilm-oe1lk 6 ай бұрын

Team is not safe also, what shirt are you selling?

@mywifequitherjob 6 ай бұрын

The big problem with t shirts is piracy of designs in addition to pricing pressure

@ludyjansen5936 6 ай бұрын

All clothes come from low labour countries for the longest time. Watch documentary 'China Blue' from 2005 to see the truth.

@johnj.doublej8721 6 ай бұрын

…and they had to buy from you? Keep it up!

@marissadrew8233 6 ай бұрын

Can we ban these websites to USA?

@user-xu2vf7ok4q 6 ай бұрын

🤔 so that's why these mailing services from China send giant boxes of individual packages, and employ people in the U.S to group together and remail in bulk. There are several ways they beat the system like that. No taxes, tariffs, customs duties and lower shipping costs.

@kingleo1128 6 ай бұрын

It's because US people don't care about anything but shopping and getting it cheaper. We went through the process of losing manufacturing jobs to China for slave labor prices. Now we're losing retail businesses because China is setting up retail warehouses in America and shipping big quantities to them at a low cost. I just wonder when people in the US are going to wake up and stop supporting this. We need to manufacture our own and sell our own. By the time most people realize what's going on, it will be too late. The US will be owned by China. Stop crying about how nothing is made here and do something about it.

@inthesun3884 6 ай бұрын

It's already mostly owned by China. China companies are buying major companies. A major copier company and Lorex that I am aware of. Buying everything they can including land in the US. We are in trouble.

@patrickcardon1643 6 ай бұрын

The large companies are the first guilty party ... they want to explode their profits, so they moved production to cheaper labor countries. And whatever they kept locally is with less employees and at a lower wage. They drain the money from society, and the normal people are left with less to survive and purchase things. So between a $30 Tshirt or a $5 one, the choice is made quickly. Now the same companies complain they can't sell or find employees ... products are too expensive and they pay too little .. and the circle is closed. Usual problem: greed

@kingleo1128 6 ай бұрын

@patrickcardon1643 It's true about the company greed, but for the most, we give those companies that power. Americans are vain trendsetters always having to have the latest and greatest. A pathetic generation who thinks they're owed everything without having to struggle. America will fall, and no other country will have to fire a single bullet. We'll do it to ourselves from within. “Haughty eyes, a proud heart, and evil actions are all sin” (Proverbs 21:4).

@atYourBestCoach 6 ай бұрын

Thanks for the info but honestly I've never even clicked in a Temu advertising... As a small business owner, I know if a price is that low they must be using obscure business practices, period. Whether is tax evasion, forced labor, or the like, I don't want to have anything to do with it. Each person decides who will they serve...

@TigerChic 6 ай бұрын

Same here

@Summertm 6 күн бұрын

Do they charge customs now in USA for Temu and Shein priducts?

@ss442es 5 ай бұрын

What you said is the end of Temu! I bought a razor with 2 packages of 5 blade razor heads, used it once, threw the razor and all the blades in the trash. They were total crap! My cheap razor was trash fodder. No more.

@billluo1118 6 ай бұрын

Good for american consumers during inflation period. You can't manufactor those items in america because it is too cheap. Alot of products on amazon are cheaper than local wholesalers. Us small businesses Need to boycott amazon.

@flippingforreal109 6 ай бұрын

Question, Doesn't China have copyright laws when it comes to apparel and other things. Because High name brands have their items made in China and other Asian countries.

@daddyschainsjewelry 5 ай бұрын

No they have no laws on child labor. No copyright laws either. No profit no pay. They force them to work. It’s communism

@chipcook5346 6 ай бұрын

One wonders what one's federal government is doing...

@kwebber9248 6 ай бұрын

Taking payoffs from China so that TEMU can get away with it...

@mywifequitherjob 6 ай бұрын

Good question. The tax laws are certainly favorable towards them right now

@inthesun3884 6 ай бұрын

@@mywifequitherjob By design.

@dylancatlett6580 6 ай бұрын

@@inthesun3884 Yes. The goal was and is to weaken the US and strengthen the East for future schemes.

@patrickcardon1643 6 ай бұрын

Like all politicians? They work for those that pay them? ... rest assured, it's not the voters lol

@donaldtchikarakate909 2 ай бұрын

How do I become a seller on Temu . Can you do a tutorial for that please 😊

@kierenchristensen9652 6 ай бұрын

The customer service is shit they don't follow up with you if an order goes missing so I'm never going to buy from Temu

@simplyfem 6 ай бұрын

Temu is just Wish 2.0

@annegothong 6 ай бұрын

My husband loves his true classic tees! Honestly the fabric feels so good.

@user-pi9ce9sv7r 3 ай бұрын

I had to fight with them as they stole a ton of my pictures

@Jesssayuluv 6 ай бұрын

It boggles my mind that folks are buying from Temu. I get it, it’s cheap but everything the glitters isn’t gold.

@CheaplaffsJohnson 6 ай бұрын

Losing millions of dollars does not seem like a sustainable business model

@walkwork 6 ай бұрын

just invest in temu.

@willofthemaker 4 ай бұрын

True classic shirts are made in china.

@ericpetersen8155 6 ай бұрын

Temu is a lead gen program. At $30/customer that’s not a bad loss for the leads they are generating.

@patrickcardon1643 6 ай бұрын

People don't care about the quality or the impact those shoddy products have on society ... until ... it affects them or their family. Poisonous food and clothing, exploding and burning electronics, etc. All about a lack of understanding how things work and are linked. About education I guess...

@Deepfocus0228 6 ай бұрын

I love Temu, So cheap and i like it. No body cares about me so am i .

@RBINSPIRATIONZ 6 ай бұрын

BS. Temu is one of the best online sources. Don't believe this propaganda.

@analyst1777 6 ай бұрын

Are you just hating on Temu 😂

@johnj.doublej8721 6 ай бұрын

I want to sell T-shirts, now I put my trust in God I will sell enough for my temporary purpose… it will be just a trampoline, not a long term business. I don’t rely on my personal knowledge either, or let other humans dictate me what and how things could or should be done in order to succeed. 🤔

@patrickcardon1643 6 ай бұрын

Unless you can find a very specific niche where the large marketplaces will not come (or not right away) ... though that's easier said than done

@johnj.doublej8721 6 ай бұрын

…just need $5,000 👍🏻 and go do something else.

@yokimeme9295 6 ай бұрын

Rethink Temu, my house burned down from cheap unregulated electronics from there.

@user-futuressobright 2 ай бұрын

I’m so sorry to hear that.

@observer8736 6 ай бұрын

Temu indeed has very poor quality goods. I ordered four different times miscellaneous items and it was an awful experience. Poor-quality dresses, disposable appliances, and other household items. No more temu for me.

@ptseti Ай бұрын

You sound like Janet Yellen...look most consumers know the truth about the retail supply chain, it all comes from the same source- CHINA. You might be giving us some insights, but US sellers get the same products from China slap their prices, and sell them on Amazon. In all cases, it's the CONSUMER that gets scammed or jammed as all sellers, be they from China or America, only want the money from the consumer. So buyers beware, we will make our own choices and choose where we can get the BEST products with the BEST Price, period! It's the cost of doing business so bravo to TEMU. As for collecting data from customers, Amazon is doing the same damn thing, period.

@dmartinez9801 6 ай бұрын

I’ve never purchased from Temu.

@Charlie-MoMo 5 ай бұрын

That's the funniest joke I've heard all year. Temu's products are made in slave labor camps.😂

@cawfeecatt1553 6 ай бұрын

Sounds like you have a capitalism issue there's nothing wrong with Temu. If you want your business to succeed start making contacts with Chinese suppliers.

@billluo1118 6 ай бұрын

It is not temu problem, it is amazon problem.

@cawfeecatt1553 6 ай бұрын

@@billluo1118 America makes high quality things china makes cheap things. The sooner we can adapt to this the sooner we can make a place for ourselves in the future. Whining isn't going to make China stop doing what it does best.

@kwebber9248 6 ай бұрын

@@cawfeecatt1553 If we stop buying their crap it will, But Americans are spoiled and don't understand what they are doing to their own country. That humongous Army, Navy and all the new Nuclear Bombs the Chinese are Building are financed buy the dummies who keep buying their crap.

@sandybruce9092 4 ай бұрын

I will never buy from TEMU and have written comments to a few KZfaqrs that I will not support their channels - I’m a quilter and I find it more than disgusting that quilters from the US and other countries buying their supplies from TEMU. If you want your favorite local and online quilt shops (and so ma y other businesses) to disappear, you will be the blame!!!

@farhadfaqiri3723 6 ай бұрын

The thriving and successful emerge of Temu and others like Temu, is the result of the beginning of the new era when all buyers have close or direct access to producers; and therefore conditioning the existence of the merchant or e-commerce man to the lowest level of profit as a middleman or shipper. Which in this case, Temue being also a middleman by itself, while kicking out others in the West from the scene now, becomes the slave middleman who continues making less money now in hope of making more in the future, is doomed to be kicked out soon by others who will play with the same tools in this liberal relationship. Loose US and Western policies in this regard, and sophisticated schemes by the Chines players in this arena to control more of the Western consumer market, will have unsatisfactory outcomes in US and China and react adversely in a little while where there will be backlashes among the policy makers in US and Western countries, as well as bankrupted Temus in China.