I picked Temu for the appearance of free shipping. I go to wish, find a cheap item and i have to pay shipping, sometimes the shipping is the same price as the item itself. I'll look past all the Temu tracing/tracking for the app, for some cheap priced junk that I sell for double for triple to price on facebook marketplace 😅
As an individual and also for work I still get stuff on Ali, I never shopped on wish or temu 💀 Ali is the silent player that takes it all, with the CCPs helping hand of course 😂
I'm sure many supplier switched from Wish to Temu. Although I have different opinions of the companies. I've always perceived Wish as scammy. Their focus on algorithms and not adopting a traditional sales model was worrying. At the time, bidding shopping site were still popular and those were a big scam. So I've always thought Wish might come up with some unorthodox sales method. On the other hand I've always perceived Temu as being more trustworthy. Their website is laid out like a traditional online store. Prices for items and shipping costs are clear and unambiguous. The company is not coming straight at me with some confusing marketing.
I doubt it, I once bought some stuff from Wish and it's pure trash. Bought a crystal ball with what looks like a nice wooden holder stand, the ball was size of small marble and the stand is a scrap of plastic the size of my fingernail. Temu size is correct as measurement they showed and somewhat looks and works as expected.
@umbrellastudio7481 india is quickly scooping up all chinas customers, theyre democratic, have more ppl than china now, and its easy for shops to hop one border and start up again 😂
@@thelegendaryckwho cares if India is democratic? Many countries in the world are democratic as well and they would never catch up with China in terms of manufacturing efficiency or consumer market. That means democracy has zero meaning to business at all.
@umbrellastudio7481 Have fun being 20 years behind in chip making capabilities, Chang. Lol way to bite the hand that fed you for the past 40 years, "wolf warrior"
Unfortunately India lacks the decades of primary resources gsthering, the logistics and the infrastructure. They will try to catch up as China is moving towards higher margins and higher tier products, but it is not easy, it takes time. @@thelegendaryck
When people use your brand as an example of inferiority you know you have a serious problem 😅. Online people say he's the Wish version of so and so lol.
actually whats more important as someone who yes cracked and used temu A they have a pretty good refund policy and often do sell the exact same items as some things on amazon for half the price the shipping times are not as bad as u would think most only take around 7 days or a week as they have been using air not ship to transport the one package that took longer wasn't actually because of temu but because USPS took 5 days to pick it up from customs as much as I REALLY do wanna laugh at temu and call them trash its actually a good shopping app I've been using it along side amazon I just ignore all of its gamification BS that tries to force u into buying cheap trash if u can avoid that u can get some decent stuff for good prices
i have bought around 20 or so items from temu costing around 1k as one item was over 600 I wont say what but besides that it ALL did come nothing missing
You left our one major factor - Auto sears. These illegal gun parts convert semi automatic guns into fully automatic guns. These illegal items were openly advertised on wish and suggested to consumers. It got so bad gang members would rap about "wish auto sears" or "wish switches." Which attracted the ATF's attention. That could not have been good publicity
I ordered 4 things on one order once. Total crap, poorly fitting, subpar quality etc etc. the shirts for example were cheap polyester instead of cotton and instead of being two different pieces, the front and back were exact same design just stitched together. I never ordered again. I may as well have lit 50$ on fire.
They sold junk products that often times weren't what was advertised if they ever even arrived. Also, to all the people saying they became Temu: No. Temu's business strategy is to take a loss on the products then sell your data for a princely sum
NEVER would I call a 500k subscriber youtuber underrated, right, RIGHT?! Well, this one ladies and gentlemen is ✨underrated✨. Thanks for providing us with good content, editing, soft voice and a lot more♥️
The reason it's down 99% is because of me. I have been holding it since 2021. I will lose 30k on this pos if I sell. I'm sure it will go up 1000% once I sell, and you can make another video on how that happened. Just mention me. 😂
Also you forgot to mention the pop culture effect, due to countless memes which forever tainted the brand name. The name ‘wish’ became synonymous with disappointing and subpar.
I'm not ever going to turn down a $10 billion offer for my startup. Just collect half in cash and the rest in stock in the buying company. Ironically, all investors and founders have definitely made their money back before now.
i think that when I ordered what was advertised as a box of Christmas tree ornaments but ending up receiving a box of tampons instead had a bit to do with their demise.
I remember buying something from wish, I think it was a shirt and with it, it said "we'll send you a free silver watch". I was like what! a free watch. Delivery came and I saw the watch. It was made of plastic and the watch face was painted on. I couldn't stop laughing! They didn't lie, the watch was painted a "silver colour". Oh the shirt was garbage as well.
Back when underdeclaring was way way too much of a trouble. I remember the 10eur good grace on packages from outside the EU. Suddenly after this becoming a problem then they did away with this and you had to pay VAT on everything...
I bought a watch of Wish. When it arrived the face and hands were printed on and had fake buttons. It didn't have any functionality..just looked like a watch from a distance. I was done with Wish after that. Wish became known for being a crap shoot roll of the dice of junk. It became a punchline and meme. That didn't help.
Many of those products are so bad that they should never be sold. I don't even trust they don't contain all sorts of chemicals and heavy metals that might do harm to our children or us, or maybe catch fire from an innocent spark or candle. I just don't know how one could efficienctly filter them out. If one discovers hpw to sell cheap only the good(ish) products, that would be a hit.
Wish was not sold for pennies on the Dollar, a pointless money burning company, not worthless, but with negative worth, was sold for an obscene 173 Million. That is a shit ton of money, for less than nothing
I made a nice return on AMC when it was a meme stock and not a pathetic laughable cult. I lost all of that on Wish stock thinking it was going to be my next 600% return. 🤣 Oh well.
Just an fyi but his name isn't Peter. His name is Piotr (more-so pronounced as Pjotr). It takes some quick research to hear how to properly pronounce the name.
The moral is, if someone offers a few million for your company, turn it down. If someone offers a few billion, accept 😂
😂
This advice worked out real well for Yahoo back in 1998 🤣
These middleman companies aren’t meant to last more than a few years. Selling for the highest price is all you can hope for.
Truly said 👍
Same thing I thought. He should have taken the $10BN deal offered by Bezos.
Wish's whole business model was "we'll offer you something too good to be true, and it won't be true"
... but you'll *wish* it was.
Boom tish 🙃
😂🤣
XDD
I think the simple answer is they got Temued
Eh, they weren’t doing too well even before Temu entered the scene
I picked Temu for the appearance of free shipping. I go to wish, find a cheap item and i have to pay shipping, sometimes the shipping is the same price as the item itself.
I'll look past all the Temu tracing/tracking for the app, for some cheap priced junk that I sell for double for triple to price on facebook marketplace 😅
Came to say they rebranded to Temu lol
As an individual and also for work I still get stuff on Ali, I never shopped on wish or temu 💀 Ali is the silent player that takes it all, with the CCPs helping hand of course 😂
Temu will get their exactly same result in a few years.
It's simple actually when people buy something online they expect it to arrive.
Hahaha
Or at least arrive sometime in the next month.
Wish would take like 2 to 3 months.
Temu probably bought all the items on wish and just rebranded
yep
Hahaha, no need, they can just go straight the the suppliers and undercut Wish
I'm sure many supplier switched from Wish to Temu. Although I have different opinions of the companies. I've always perceived Wish as scammy. Their focus on algorithms and not adopting a traditional sales model was worrying. At the time, bidding shopping site were still popular and those were a big scam. So I've always thought Wish might come up with some unorthodox sales method.
On the other hand I've always perceived Temu as being more trustworthy. Their website is laid out like a traditional online store. Prices for items and shipping costs are clear and unambiguous. The company is not coming straight at me with some confusing marketing.
Temu's stuff is actually OK [for the price charged]. Wish has a reputation for being an outright scam.
I doubt it, I once bought some stuff from Wish and it's pure trash. Bought a crystal ball with what looks like a nice wooden holder stand, the ball was size of small marble and the stand is a scrap of plastic the size of my fingernail. Temu size is correct as measurement they showed and somewhat looks and works as expected.
I “wish” all these Chinese junk shops would go out of business.
Including the no-name Chinese junk brands that are flooding Amazon.
@umbrellastudio7481 okay Chang, there was a time when theybsold exclusively murrican
@umbrellastudio7481 india is quickly scooping up all chinas customers, theyre democratic, have more ppl than china now, and its easy for shops to hop one border and start up again 😂
@@thelegendaryckwho cares if India is democratic? Many countries in the world are democratic as well and they would never catch up with China in terms of manufacturing efficiency or consumer market. That means democracy has zero meaning to business at all.
@umbrellastudio7481 Have fun being 20 years behind in chip making capabilities, Chang. Lol way to bite the hand that fed you for the past 40 years, "wolf warrior"
Unfortunately India lacks the decades of primary resources gsthering, the logistics and the infrastructure. They will try to catch up as China is moving towards higher margins and higher tier products, but it is not easy, it takes time. @@thelegendaryck
When people use your brand as an example of inferiority you know you have a serious problem 😅. Online people say he's the Wish version of so and so lol.
And AliExpress
Hahaha facts
You ever watch "Tyler Tube"? He's known as the "Walmart" version of "Project Farm" but he still does pretty good!
So Wish is Wish ordered on Wish?
isnt walmart a symbol of inferiority? they r doing fine?
TEN billion declined? Oh man I'd have taken the money and run.
Hahaha, but with that mindset, you’d prob not have gotten the $10 billion offer in the first place
Yeah these idiots really dropped the ball. If you're offered billions for your trash can idea you came up, you take it. 🤣
@@LogicallyAnswered Your name checks out.
@@roderickmacdonald7487hush down child.
Holy shit I thought he said million
Temu buys it directly from the kids in China.
😳
Temu is a platform. Not a wholeseller.
actually whats more important as someone who yes cracked and used temu A they have a pretty good refund policy and often do sell the exact same items as some things on amazon for half the price the shipping times are not as bad as u would think most only take around 7 days or a week as they have been using air not ship to transport the one package that took longer wasn't actually because of temu but because USPS took 5 days to pick it up from customs as much as I REALLY do wanna laugh at temu and call them trash its actually a good shopping app I've been using it along side amazon I just ignore all of its gamification BS that tries to force u into buying cheap trash if u can avoid that u can get some decent stuff for good prices
i have bought around 20 or so items from temu costing around 1k as one item was over 600 I wont say what but besides that it ALL did come nothing missing
Source: out the ass
Wish lived by the discount and died by the discount
Hmm... it's almost like if you sell cheap trash that takes weeks or months to arrive. People will only buy a few times and get sick of getting burned.
I learned this with DealExtreme back in the 2000s
$10 billion isn’t cool, you know what’s cool? $173 million 😎
Should have sold it at 10 Billion back then, and now would be chilling an their own private islands somewhere. lol
@@BillAntYou can live a fairly chill live with 173 million too
@@edwardblake8575- Sure but a 100 times more would be even more chill. lol Anyway, 173 M - 73 M taxes = 50 M .... 50 M / 2 partners = 25 M each.
173 > 10
No brainer if you're above 3rd grade..
@@max5183- lol
and now i hope that in one year we never hear from Temu again. 🙏
go away..
@@IceWolf1102hush down kid.
@@IceWolf1102 yeah, temu should go away
I bet they *wished* to be sold earlier and delivered to Amazon instead
Hahaha, too late for that now
Amazon probably would've just deleted wish to implement it into amazon 😂
Moral of the story, don’t overspend on marketing. Play the long game and preserve cash.
I just found this channel and I'm addicted. The presentation is so captivating and each video is packed with info
You left our one major factor - Auto sears. These illegal gun parts convert semi automatic guns into fully automatic guns. These illegal items were openly advertised on wish and suggested to consumers. It got so bad gang members would rap about "wish auto sears" or "wish switches." Which attracted the ATF's attention. That could not have been good publicity
What is bro yapping about 💀
wtf are you even talking about bro, none of this ever happened lol
Wait what? I missed out on this?
Noone would stop using it cuz of that
Real, just search about it. ATF was making arrests based on these orders
There is a reason there are UA-camrs that make a career just reviewing the junk sold on Wish.
0:14 just wanna point out that "candy" is flavored rolling papers 😂
I ordered 4 things on one order once. Total crap, poorly fitting, subpar quality etc etc. the shirts for example were cheap polyester instead of cotton and instead of being two different pieces, the front and back were exact same design just stitched together.
I never ordered again. I may as well have lit 50$ on fire.
At least then you would've been warm
@@Wumbo_the_Mumbo they were supposed to be summer tank tops :p dragonball z ones.
Temu is gonna go the same way. Selling garbage is not a viabe strategy.
Plus they gaslighted prices and quality and its downhill from here
I bought an aux cord for a buck from them, and it took about 3 months to get it
Oof hahaha
yea its bad temu kinda just does everything wish did better its cheap stuff comes fast maybe not amazon fast but reasonable
Dude, I ordered an otg cable on aliexpress and it didn't arrive until a year later when I got a refund,
it was funny.
@@SL4RK thats rough i have never used aliexpress so I cant tell u if its good or not
@@admiralkaede Well on one hand I saved a whole dollar, but on the other hand I just gave up and bought it at the local store.
The only time I heard about temu was on UA-cam ironically..
Mostly because they have put a lot of money into UA-cam influencer advertising.
Ironic that the ad in the middle of this video was for Temu
This whole time I thought WISH was a Chinese company like TEMU
Same here
I assumed they rebranded to temu
Anyone else have a temu ad on this vid
They sold junk products that often times weren't what was advertised if they ever even arrived.
Also, to all the people saying they became Temu: No. Temu's business strategy is to take a loss on the products then sell your data for a princely sum
No mention of Aliexpress ... at all !
So once Wish goes bankrupt, will people then say "It's the Temu version of the product you wanted" or something?
Like how people said about Wish?
They took that 99% off mentality to heart
Indeed hahaha
I love this key factor.
Wish users are loyal to the price, not to the retailer.
Marketing can’t undo terrible experiences
im shocked, most of my clothes came from wish and were extremely good quality.
Wish: Sells Chinese junk
Americans: I don't need more Chinese junk
Temu: but what about a 70% discount?
Wish was great in theory, but not once did I receive something that even looked like what I purchased.
NEVER would I call a 500k subscriber youtuber underrated, right, RIGHT?!
Well, this one ladies and gentlemen is ✨underrated✨.
Thanks for providing us with good content, editing, soft voice and a lot more♥️
The reason it's down 99% is because of me. I have been holding it since 2021. I will lose 30k on this pos if I sell. I'm sure it will go up 1000% once I sell, and you can make another video on how that happened. Just mention me. 😂
Shame on you! You should sell so that everybody else can make money :)
@@LogicallyAnswered I will soon. You will know when it has a 100% gain day.
I hope you're telling the truth
@@fajaradi1223 I am.
Also you forgot to mention the pop culture effect, due to countless memes which forever tainted the brand name. The name ‘wish’ became synonymous with disappointing and subpar.
I'm not ever going to turn down a $10 billion offer for my startup.
Just collect half in cash and the rest in stock in the buying company.
Ironically, all investors and founders have definitely made their money back before now.
Thankfully, I already don't remember this.
Should’ve sold out to Amazon. Could’ve bought 10 more wishes.
I got a Temu ad after this video 😂
i think that when I ordered what was advertised as a box of Christmas tree ornaments but ending up receiving a box of tampons instead had a bit to do with their demise.
This is a successful venture man in terms of spreading money from rich to poor or atleast more people
I remember buying something off them and not ever getting it
Very good and thorough video. Thank you very much
So nice… they’re even selling their stocks for 99% off❤
They were about to send me a laser pointer that is probably very unsafe for absolutely free but i didnt wanna give my address
The real issue was Piotr’s side project taking up too much of the company resources; trying to solve the screen door on the submarine problem 🤔
Great video brother!! Thanks!!
Thanks as always Daniel!
I remember buying something from wish, I think it was a shirt and with it, it said "we'll send you a free silver watch". I was like what! a free watch.
Delivery came and I saw the watch. It was made of plastic and the watch face was painted on. I couldn't stop laughing! They didn't lie, the watch was painted a "silver colour".
Oh the shirt was garbage as well.
Back when underdeclaring was way way too much of a trouble.
I remember the 10eur good grace on packages from outside the EU. Suddenly after this becoming a problem then they did away with this and you had to pay VAT on everything...
I just don’t know why people were/are so into buying cheap crap that‘ll either break or get thrown away after a week max.
It was basically Amazon, but ordered on wish...
Farewell to Wish, it will never a comeback not when Temu is around.
I ordered those orbeez things and just said it didn't arrive and got a full refund 💀
They got competitors honestly!!!
Well, that’s never bad for consumers
If you sell crap, you become crap... simple as that.
Correction, Amazon Used to have industry leading customer service. Idk how many are in the know yet, but worst customer service eveeeeer is now SOP
Good riddance! 90% of them were freaking scammers!
I just assumed they rebranded as temu
Wait what? Wish was popular all the way in 2016? I never even heard of Wish until the 2020s. Tf?
I bought a watch of Wish. When it arrived the face and hands were printed on and had fake buttons. It didn't have any functionality..just looked like a watch from a distance. I was done with Wish after that. Wish became known for being a crap shoot roll of the dice of junk. It became a punchline and meme. That didn't help.
Why did you deliver an item I bought to an address 5 hrs away and kept my money. And refuse to answer my question.
Even in the name, it just gives you a obvious clue!
Temu?
How much did you pay Ben Hedges to promote Silo?
Hahaha, NDA man
Many of those products are so bad that they should never be sold. I don't even trust they don't contain all sorts of chemicals and heavy metals that might do harm to our children or us, or maybe catch fire from an innocent spark or candle. I just don't know how one could efficienctly filter them out. If one discovers hpw to sell cheap only the good(ish) products, that would be a hit.
0:13 the picture he used for "candy" lmaoo
'candies' shows rolling paper 0:15
Wish sold Trash. The end.
They should have invested in american manufacturing and 3d printing with the early profits
I love shopping on Wish.
Zack Morris aka Constantin Cuckmeister pumped this stock back in 2021
Hey a fellow student from Loo haha
Wish was not sold for pennies on the Dollar, a pointless money burning company, not worthless, but with negative worth, was sold for an obscene 173 Million. That is a shit ton of money, for less than nothing
Ugh I hated this company. I keep telling friend to go eBay. But they were to lazy to do it
The quality of stuff from wish, was definitely something you *wished* you paid more for.
They became known as a punchline.
Wish sellers moved to amazon
temu will follow the same path with such an unsustainable operation.. good riddance to both
that wasn't candy bro, that was rolling paper for joints.
can u do a video on banggood ?
Sounds like an escort review site! 😂
I still have an inkling that it's money laundering.
I remembered ordering cheap sh!t that would break ASAP or barely worked 😂
WHAT UP WITH THE ADs BRO?!!!
Time to short TEMU stock
I made a nice return on AMC when it was a meme stock and not a pathetic laughable cult. I lost all of that on Wish stock thinking it was going to be my next 600% return. 🤣
Oh well.
My regards
It's legit a ponzi scam...the guy running the company he really had not idea what to do!?
This guy's videos are just Temu ads, at this point. He says he isn't sponsored by them, but I don't believe it.
Its called temu now
Just an fyi but his name isn't Peter. His name is Piotr (more-so pronounced as Pjotr). It takes some quick research to hear how to properly pronounce the name.
I thought the -99% on the thumbnail was a discount 💀
TL;DR: covid ad costs spike, competition and zero customer loyalty
If zuckerborg offered to buy my business too would reject it out of principle.
I often joke that temu is just wish in a more fancy coat
Wish with far more personal data harvesting
This is because NOBODY is me except me
Piotr took the Communism with him to Canada it seems.
Didn't it just turn to temu
Wish was selling us wishes😢😢😂😂