Temu Is Killing Amazon FBA Sellers - Here's What's Happening...
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- Опубліковано 28 тра 2024
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In this video, we'll explore what Temu is, how it's shaking up the industry, and why Amazon might need to rethink its strategy. And if you’re an Amazon FBA seller, you have to pay attention.
0:00 Intro
0:56 What Is Temu?
2:13 How Has Temu Been Growing So Fast & What Are The Numbers?
6:05 How Is Amazon Doing?
7:43 Temu’s Challenges
11:31 Will Temu continue its sharp rise, and can it dethrone Amazon?
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TEMU IS THE BEST SCAM EVER, THE WOMAN THAT BOUGHT A BIKE AND RECEIVED A SCARF WAS A GOOD ONE, NOT THE BEST BUT GOOD, HONG KONG PEOPLE ARE WELL GOOD AS SCAMMERS, THEN YOU HAVE PEOPLE THAT LOOK CHINESE WITH AMERICAN ACCENTS TRYING TO SCAM YOU FOR CLICKS AND EBEGGING,,,,,,,,,,,,,,,,,,,KNOW WHAT I MEAN?????
For decades, it was US companies that were benefitting from offshoring the manufacturing. Now, it's the US consumers directly getting benefits.
No it's not. You're still paying the same prices with 3rd party individuals. All the money goes more and more to China and not Americans. Shut it down.
companies didn't do nothing. consumers may pay higher prices but you get high quality items. if you buy items directly from factories, its like gambling
My cousin is a seller in Amazon and he told me that all his product and many others sellers get all items from Ali express and ali baba ..they just contact a manufacturer and put their brand .. 😂 and like he said.. a lot of people think its better quality products because its from Amazon ..
It’s the same products yes. Some sellers just spend more time quality checking etc
I'm an amazon seller. While some sellers sell the same generic boring items, many sellers like me work extremely hard to improve the products in every way, bigger battery, better materials, better support, upgraded functionality. So, don't let those sellers make you feel that all sellers are boring and lame, as you described.
Amazon and Temu are all junk. The difference is that I get my junk faster on Amazon.
It's bad enough that the factories from China are selling direct to consumer. Now this...
🤫🤫🤫🤫🤫🤫🤫😤😤😤😤😤 be quiet g dmm it
Everyones already caught on that most products of FBA are stuff from Temu and Aliexpress/Alibabba being resold
No
Most people have no idea
TEMU will kill Amazon if they build a few distribution centers in the US.
It is the exact same products as on Amazon. The difference is you, the customer, are paying for tariffs, inbound shipment fees, low inventory fees, PPC, pick and pack fees, the seller's profit, and 15% commission if you buy on Amazon.
The fees are so excessive that TEMU can easily halve Amazon's prices.
Maybe not because Amazon delivers in some countries whereas Temu doesn't provide delivery.
Amazon have planes. The technology. Then eventually drones. Temu has a long way to catch up.
If Temu did this they would need more American Labor which would cost more money. Temu is losing money to begin with this would make it burn through cash much much faster.
You guys do know that at least 70% of stuff that is sold on Amazon by third parties are coming from the same Chinese manufacturers that are on Temu, right? They are the same products but with a label on it and 3x-5x more expensive... just take a look. I'm in Eastern Europe and local e-commerce sites are going down one after another, just because they sell same products. And of course, here I'm talking about products that doesn't involve any quality standards, like regular household stuff.
Exactly.. some people don't seem to realize this ..that shows the ignorance of many 🙄
yep a lot of junk on Amazon now.
I bought a lorry full of Amazon returns during covid. If Temu did this it would be exactly the same.
Agree!
They playing dumb
TEMU is my go to. Every product i have got so far is good.
In my opinion, down grading amazon is what temu was wanting. Selling at a loss until your competitors crumble, then you are the only game in town.
Amazon is 2nd largest Employer in the world.
and has largest robot workforce 750,000.
idk sounds like hard to take them out, a lot of US government interest in Amazon.
Temu a lot of Chinese Government interest
Does Temu have a top tier logistics at play?
Which is exactly the strategy Amazon used to get where they are. So I don't feel sorry for them one bit.
Amazon used the same tacktics with diapers, and toys r us.
But Amazon sell the same ish but quadruple the price
It really depends on what you need, when you need it, and how long do you want it to last. I've placed 3 different orders from Temu. All 3 took at least 2-3 weeks to receive my order. All of the products were absolute garbage. Conversely, I needed some shipping labels for some packages that needed to go out this week. I ordered them from Amazon yesterday, they arrived today along with some coffee I also ordered yesterday. With Temu you're not gonna find Nikes, Tide, or Crest toothpaste. You can't get any gourmet groceries, or any food items for that matter. Temu is the epitome of dollar store electronics that sound like a great deal because you think "How much different can a pair of 2$ wireless headphones really be from the more expensive ones" Once you get them you realize the difference. You get what you pay for, always remember that.
It has to go through customs, that's the hold up.
@Chicago48 how many days for Customs vs shipping days from China to US?
I shop at both and am mostly satisfied with Temu for things other than clothing. I do compare if, what I want to buy from Amazon is on Temu and for what price. A lot of the items are on both platforms with lower price tags on Temu. I then ask myself if I can wait 2-3 weeks or is it something I need to use asap, that usually determines which platform I buy from. I am not into brand names so I can't speak on that, but for everyday daily essentials, it's either Walmart or Amazon. Temu for me is mostly for items that fulfil a hobby rather than everyday practical items.
Yes but, I can lose or damage the $50 earbuds just as fast as the $5 earbuds. It just doesn’t hurt my wallet as much losing the $5 ones. So, is the $45 diff really worth it?
I always prefer to buy quality over a perceived replacement of such for a much cheaper price. I’ve lived long enough that I’ve seen major store chains that sold cheap quality items for years finally go out of business. Kmart, Woolworths and 99 cents store to name a few.
Also when I do buy something online, I’m buying it because I need it now or tomorrow and of course Amazon usually fulfills that need. There are times that I’ve purchased items from Walmart as well because I know what I’m getting though I may have to wait a little longer. I bought something through Temu last year thinking I was getting a good deal and found out very quickly that you get what you pay for.
You can tell if a company is good for you by going to their privacy policy page and their terms page and doing an in page search for the words "third party" - then look at the text on either side of "third party", to see if it is something you agree with. It will let you know how they share your personal info.
thank you. every dog gone website has this ,
A brand will not save you. Chinese companies now know how to open LLC's in the U.S. They register their brand name with USPTO. So now they have the cheapest price AND a brand name.
Just registering a brand isn't what makes a brand a brand. Establishing a brand is about establishing a reputation with content
is it ad? how to set up company in us?
With the economy, unemployment... everything going up, ppl are looking more into savings and good deals than quality. Lots of things have changed after COVID.
It's not a good deal if it's poor quality.
We have been buying goods from China for a long time now and the quality of the goods is actually better than what was being produced locally prior to the outsourcing of manufacturing.
Goods are produced in a shorter time and in greater quantities than before.
We have this romantic notion that North America and Europe produced great products before, an assumption which is simply not true - for example, cars, electronic products and household goods were previously not of the highest quality.
We have to face the truth that Chinese labour is far more productive and conscientious, and the quality control has improved immensely.
Without question, the Chinese work ethic is superior.
The West has had to import labour from developing countries, as our workforce - like our society - suffers from a sense of entitlement and a worship of white collar jobs above all.
Also if u sell original products on amazon, you have no competition. Great video tho. I am an amazon seller who shops on temu. Amazon’s new 2024 fees are failure. Perhaps they want us out to compete with temu …
Starting a brand is the only way to go ahead the competition. Thanks for great value
Actually it would be very easy to destroy temu, just do inspections on all their products and you will find that 99% are not compliant with western safety standards when it comes to chemical composition, levels and types of plasticizers and all the other crap they contain and emit etc. All this chinese crap is labelled compliants with CE (for Europe) and UL (USA) while it absolutely does not meet the standards, I know it from personal experience. Temu would be fined for millions of violations if inspections were done and the law inforced... Amazon sellers would also get recked but hey, they would then be forced to be accountable for the quality of what they sell...
Since I discovered Temu, I don't shop at Amazon anymore. Only exception is when I need next day delivery. Same product for dirt cheap!
Informative, thanks for the share.
I can see Amazon and other big brands lobbying against Temu both in the U.S and Europe soon.
I have been buying from Temu for 3 months. First, I thought I will take a risk. But was worth it. The shipping time is much shorter than aliexpress. Temu is now my second shop after Amazon.
I love it .
Great video..Thanks! 🔥
Temu is the best marketing I’ve ever witnessed. THE PRODUCT THAT ARRIVES IS HORRIBLE!
Yup. Pure junk. Takes weeks to get a refund.
Also Temu has a sketchy history, constantly spams people and is a security risk. All those apps like Wish and Temu have I’ll quality products. AliBAba has vendors who are trusted and have insurance.
@@letsgobrandon1719You get what you paid for. Junkies love junks
Not my phone chargers, phone cases, holders and tire inflator. Thar video game yes. But they gave my money back quickly.
Everything I’ve bought from TEMU has been great.
Temu cannot kill AMAZON simply because most products on Temu are below standard, dont last. I bought a hand sewing machine that worked for a few days. We bought loads of clothes, only the stuff to arrive with very poor material that didnt look like the pictures on the website. So go slow with your analysis or prediction.
Dont get quality products from temu. If you want cameras, phones, electronics, etc, dont get it from temu. get it from reputable brands. But items which you cant necessarily get easily, for eg, some garden products, weeders, etc all are very well priced.
Actually, I have had lots of great products from TEMU.
Truthfully, Amazon prices are a complete ripoff.
My wife is Asian and she returns everything she buys from Temu. My wife is super cheap and still....Temus products are even to junky and quality is even to low for her. You buy a small....they send you a large. You buy white....they send you black. Plus the Temu sellers like to argue with you about returns. Temu has more in common with a really bad flea market that a consumer business.
lol 😂 😂 I love them and what people are saying does not make me want to go anywhere. I deal in fashion. and that is where I will stay. Because their shoes and their cloths are great.
@@Mythoughtonpoliticaltopics That just means you're trash, just like their products.
wikipedia says bad things about temu but I shop there all the time
Great! Thanks for undermining America and giving money to the Communist Party. They appreciate it
Me too…I thought it was a joke… until I placed my first order… good quality and amazing prices!
@@JoshuaTrenge ~ from my experience Temu is no joke ~ just a blessing
TEMU's game are not sell products. As has been showed before TEMU's is making money selling US and the other 44 countries people's personal information. Hands down it is impressive how smart that is. In a few years we will see the fallout of all the information that they sell (legally because yo want cheap products) Is going to be horrible.
I agree with you. My bank account was hacked and it almost cost me $6K I didn’t have so I had to submit a claim that cost me a long wait of 2 weeks while my account had red negative balance. Fortunately, my bank was able to back me up and ended up getting my money back!
I use Paypal so TEMU doesn't get my CC info, don't care if they know my address, everyone knows that lol
Companies in the U.S do the same thing. So we might as well save money in exchange.
that's 100% bullshit. in a few years we will see temu sell personal information?
temu is a billion dollar company, do that, Americans will sue the shit out of them.
YEEEEEESSSSS!!!!!
Excellent Steve, thank you ...
I’m grateful for this information 💝
Some amazon customers return trash instead of the items purchased. Many sellers lose money and product
Same on Ebay.
People complain alot about Temu. But it's been great for us. Not everything comes as expected, but overall we keep shopping there.
I bought simple items like gym wear even a winter coat...i was Not dissapointed!
Same here .
You know their products are covered with cancer causing chemicals and heavy metals? You are literally poisoning yourself to save a few dollars. Good luck with that.
@MyWifeQuitHerJob I've only started watching your channel and subscribed (something a rarely do) on the first video. After only watching a half dozen of your videos, I'm impressed by the high quality, well spoken, and useful information you always seem to speak about and I'm not new to the game. I'm ranked as the Top 1% of all Etsy sellers for 9 years in a row so I know quit a bit but watching your channel, I've been learning even more and I typically only subscribed to well known academies for Etsy or Amazon. Keep on bringing the excellent information forward, it's appreciated!
I have been buying on Amazon here in Europe for over 17 yrs now, but never get promo code, never be given a gift, never been treated better than new buyers. Now, you must ordered over €35 to be free shipping. It's a mess!
Great report, thank you.
Temu makes it easy to order multiple items and ship at a time while Amazon expects customers to pay for separate shipments at a time.
Great video!
HYPE. downloaded the app. spent almost 2 days shopping, did NOT get anything. Prices are not that great and I think there is a $20 minimum. I've been an Amazon customer since 1997 and Prime since day 1 of the program. These days, I do most of my business at Walmart Superstore 10 minutes from my house. After close to 30 years, I am very tired of card board boxes. If I need something that has to be shipped, it better be compelling.
Nice and informative video
Temu can be the online equivalent of Dollar General. There will always be a place for a company like that in the world. If not Temu, then it is another company occupying that market sector.
Some people must forget how often our cell phones have to be replaced, vehicles last about 4 good years, vacuums, computers most need to be replaced, cheaper to buy another one than have them repaired. We are eating products made with Apeel on them and chemicals from companies like Monsanto, we have plastic in almost everything. Some of us may die because of it. I guess some bad products some Americans have been dealing with for years has become normal, expected.
I see the same products on both Temu and Amazon. Also people volunteerely give away their data every day.
You forgot to discuss the customer service and the benefits of buying from amazon in terms of returns and refunds. A major reason why customers buy from amazon more than any other site
Some amazon customers return trash instead of the items purchased. Many sellers lose money and product.
Amazon sellers are forced to sell low prices even though sellers are charged a fee that goes up as well as postage so some sellers don’t make much on sells.
I just shared this on my Twitter X
Teemu's rapid ascent in the e-commerce arena is a game-changer, posing a significant challenge to Amazon's market dominance. The impressive growth, strategic pricing, and innovative gamification of the shopping experience are reshaping the industry.
Bottom line is that teemu have an advantage as in they can pay someone less than $5 a day to work for some 12 hours a day. In the west someone on average will be payed anything between 80-150a day for warehouse and factory labour.
Government in the west need to add super taxes on super cheap imports and then even more taxes for when we want to return products
What's the advantage of that to the consumer?
All you're doing is making the product more expensive.
Free shipping over $10. Temu prices are cheaper than Amazon and Ebay on most items. They have a better selection, too. Nobody can't beat Temu right now.
One thing that is not mentioned is the no name brand products sold on TEMU are the lowest quality and may even be hazardous to health including lead tainted costume jewellery and toxic nail glue
There's a lot of tightwad Americans that don't care
What's sold on Temu is most likely sold everywhere else like Amazon, Walmart etc..
Products are all the same
He said unbranded not no name brand
My Temu products are not bad quality at all.
All pruducts are from china whats the defrinnts?@@Carolinapetroska
There was an investigative report done by an Australian News agency and they ordered a variety of products from TEMU and all of it was junk. The news report also spotted that many of the photos for the products were stolen from reputable websites and put on TEMU, very disgusting behavior.
I would be afraid to use Temu for the quality issue. Kind of why I stopped using Ebay.
If you are into laser engraving, TEMU is invaluable. Tumblers under $4 shipped, great prices on key chains, wood, all kinds of laser blanks
I hear you! With business supplies I can't beat their prices.
Amazon started the same as Temu, selling cheapest crap and as time passed improved quality 😅
Amazon started by selling books.
@@davidgmaloof 👍☺️
I was looking for a new led nail lamp because mine went bad. I went to amazon first, and did find one that I liked which price was $58 then I said to myself let me check if Temu carry this lamp then bam! Found the exact one for $17. Yah! Temu will put amazon out of business lol
and the new lamp will have a quarter of the shelf life the one you bought off amazon
Very good news! Temu is awesome!
Awesome....welldone Temu and Shein...
Excellent!
I use both Amazon and Temu. Lately there’s not a big difference in price for the same items. I usually pay an extra 50 cents to get the item next day.
Temu has great find but it is also plagued with quality control issues. Some of the clothes do not hold well and also there’s a potential to exposure to harmful forever chemicals.
Great video
Hi from Canada
Bought a knife sharpener for $4 on Temu, Amazon has it for about $18. Low pricing is the catalyst that drives competition.
Let us know when the knife sharpener breaks?
@@mateofernando5066 it’s manufactured very strong and extremely durable. I was honestly surprised.
I wouldn't use app downloads or number of shoppers to measure e-commerce. I would use sales.
I have enjoyed shopping with Temu. And have bought dog toys as well as men's clothes.
Those dog toys are loaded with carcinogens, as well as the dye on clothes...
I buy from Temu quite a lot. The women’s bags are cheaper and very good quality. Now some real cheap stuff are rubbish but it depends on what you get.
Good comparison
I get my products in 3-5 days the max A week. Definitely the price is a big factor.
The Chinese traders and manufacturers are killing us, selling the product themselves on Amazon., tiktok shop temu and more. They've been doing it for a while but it's gotten more ridiculous.
That's true which is why you need to start a brand
@@mywifequitherjob A brand means nothing if the products are still produced in Alibaba/1688? Are you saying a brand as in creating the product from scratch locally or..?
The last item I bought from Amazon was more than 4 years ago.
I love them. Everything that I have brought was nothing but the best.
I heard my crazy neighbor scream Teeeemmmuuuuuuu!
oh @05:47 - thank you very much
Only buy static non battery non moving stuff from Temu, 6 out of 10 failed after a few weeks. But stuff like earphones, finger rings, clothes and others are alright, if they are expected to fail or to be misplaced after 3 years
Doesn't USPS subsidize all that shipping?
but shopping at amazon if item isn't as describe has good return policy
Amazon shipping is several times more expensive ( yet faster ). There are no cheaper shipping options like I want.
They are taking the cheap Temu products and selling them for more on amazon for more💯
*I’m all for the lowest price. The whole talk about quality and brand name loyalty is nonsense.* If I’m buying a plunger, toilet paper, or party accessories, I don’t care about where I’m getting such supplies from if I’m paying bottom dollar. Just to plan accordingly to account for long shipping periods. People who subscribe to Amazon Prime are wasting money because if they could only manage their time well then they wouldn’t need to emergency buy non-essentials for same or next day deliveries. I cross shop on *Wish, eBay, Amazon* and *Temu* then go for the lowest priced items. Love Chinese stuff which function as well as all others for a quarter of the price. *Only thing I don’t buy on Wish/Temu is clothing & shoes due to size discrepancy.* 😂
People are all worked up about Temu killing competitions. Selling poor quality products, etc. The fact is the consumer environment is more dynamic than you think. Not everyone wants to buy cheap and not everyone needs quality. In the business world, you don't always strive for being the best and monopolise. It's gaining market share and focus on your type of customers. When you think you must be the best, unique, glamorous, succeed overnight? You'll never start anything. Continue to work for someone and keep talking big.
is this available in India
The Chinese manufacture-ers can list whatever price they want for product cost as they are the importer. This pushes their duties tax lower. This is another advantage they have. US importers have to list what they actually pay and are taxed accordingly.
I buy many similar or exactly the same items from Temu. It's about 30-50% cheaper than Amazon. You can compare the items from Temu/Amazon before you buy. Competitions are good for buyers.
Shout out to them👏🏿👏🏿👏🏿👏🏿❤️❤️❤️❤️
What is the HTS Code or name of rule that allows them to import less than $800 without the import duty?? Thank you
Search for section 321 or deminimus on Google
Everyone should write their Congressman that this law needs to be changed. Unless you have a US presents and a US company middlemen, then you are charged on every penny that comes in.
@@mywifequitherjob Thank you
I've purchased from Temu and honestly I buy cheap unbreakable storage containers for the home that are not available in the US market. My thinking, even if its defective the price is cheap enough it's not much of a loss. Surprise surprise it was quite well made and practical and tough as nails, but mostly, impossible to find on Amazon or typical US outlets. Would I buy brand name pricier items on Temu? No. Temu has a niche that once used to be let's say the Dollar Store but 100x better options. The only alternative to me is Daiso because I can physically touch the objects or Muji and Costco for clothes. Amazon is only useful for their return policy but that's going down so I expect their sales to slowly plateau. I also don't like the idea Amazon could be selling stolen goods. With Temu, it's cheap non-brand items so not likely stolen. And if the anti-China campaign gets bigger, Amazon is just as guilty as Temu and I think Temu has a bigger future outside of the US in the global market. The real competition is probably AI assisted shoppers that can scour the internet and buy directly from the manufacturers or artisans that would be great.
I second that.
Nice, a chance to bypass the US ceo bonus. Yes, they too can be outsourced.
Buying Product online Temu or Amazon is just hit &miss products u ordered
That $47 dollar mat on Amazon is NOT the same as the one on Temu, most of the products on Temu are 100% junk. People pay a low price for dollar store items and when they break after a few days or a week they complain. So I don't see Temu taking over Amazon anytime soon
Competition is good for the consumer !!!
I've been a fan of Temu for at least 2 years now. I buy a heck of a lot of stuff from them... I HOPE that Temu eventually opens up a market so that US Vendors and Manufacturers can also become eligible for their model... More over, I hope they'll also open up to a solid "used" marketplace as well. To me, it seems like the natural progressive step to which all online markets are taking, so Temu should eventually hit that too.
The items are cheap in quality. Even if a Amazon seller is ordering their items from China, the factory that they order from must meet certain standards because if Amazon catches you selling those cheaply made products they will suspend your account and hold your money for as long as they want. Out of three items that I ordered from TEMU, only one product still works.
what are the 5 best websites to sell online?
How do you know the first sentence in this video about temu's market share, and can anyone point me to a reliable source?
Can i use Temu in usa. As a Temu seller
What about a goods qualify?
Can I sell in Temu if I am from the Philippines?
I work at Amazon, didn’t know what Temu was until I talked to a co worker this padt week when she told me she buys everything on Temu
Why doesn't Temu deliver in Monaco ? So close to France....
If it’s clothes Temu is the way to go. For electronic , I prefer Amazon
I would wash my floor with the clothes that Temu sells. High quality clothes are expensive for a reason and it is well worth it to have something that actually fits well, looks good and will last at least 10 years.
Temu also can deliver international free whereas Amazon shipping is hundreds of dollars
What about returns?
I figured this is why Amazon is going after Temu
Temu isn’t horrible. It’s y’all’s choices in products.
Which can be fixed by just a little bit of knowledge of what is going to be a good product and what’s not. I’ve bought lots of things from Temu and only once have I be like “oh this is NOT what I thought I ordered. I bought my favorite ever purse from there and it’s holding up like any other purse/sling bags I’ve bought.
Just takes a little practice to be able to look at a product and go ‘nah..not that one’.
I have gotten pretty good items from them.
Also Shein
I’ve only bought 2 items from Temu directly. I was thoroughly disappointed with the quality of both. I’m certain there’s money to be made here. Of that I’m certain. If I had a dollar store I would use them to purchase 100s of fly swatters but I wouldn’t buy tools or safety equipment if my livelihood depended on it.
The games do not appear for Temu Spain. From Spain you can only buy, maybe later they will put them in Spain too.
What goes around comes around.
Just think how many mom abd pop shops were forced to shut down because of competition from Amazon or even Walmart.