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#Amazon Sale On iPhone 12

krazyshoppy · 2 years

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Best iPhone Deal: अमेजन पर पहली बार सेल में इतनी कम कीमत पर मिलेगा iPhone 12!

Amazon Sale On iPhone 12: आईफोन खरीदने के लिये सेल का इंतजार करने वालों के लिये आ गयी है अमेजन की सबसे बड़ी सेल. 23 सितंबर से शुरु हो रही अमेजन ग्रेट इंडियन फेस्टिवल सेल में iPhone 12 पर सबसे सस्ता ऑफर मिलने वाला है. पहली बार इस फोन पर सीधे 30 हजार रुपये का डिस्काउंट मिलने वाला है. जानिये इस डील की पूरी डिटेल और क्या रहने वाले हैं बेस्ट मोबाइल ऑफर Amazon Great Indian Festival Deals And…

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favhere · 1 year

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OM SAI LATEST CREATION Women Printed Slub Rayon Top with Half Sleeves for Office Wear, Casual Wear,Top for Women/Girls Top

Price: (as of – Details) We offers all kinds of tops for both women and girls – tops for women under 500, tops for girls new fashion western, women tops, top for girls, top for women western wear, tops for women casual, top for womens new style, top girls stylish fashion, tops for women western. Top Style: Colour blocked top with ruffles on bodice and ruffled bell sleeves. Fabric Style: Slab…

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rangpurcity · 1 year

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Amazon iPhone Deal: Thinking of buying a new iPhone, do not miss these deals, this variant has the highest discount

Apple iPhone 13 (512GB) – (Product) RED: This phone comes in three variants with 128, 256 and 512GB storage. But, customers can take advantage of the biggest discount on its 512GB storage and red color variants. Its price is Rs 1,09,900, but customers can now buy it for Rs 83,999 after a 24 percent discount. Customers can also get an additional discount of up to Rs 13,300 under the exchange…

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youpublic2022 · 2 years

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बेस्ट फोन आप के लिए: iPhone12 Mini पर पहली बार मिल रहा है MRP पर 15 हजार का डिस्काउंट !

Amazon Offer On iPhone 12 Mini: एमेजॉन पर आईफोन 12 मिनी पर डील चल रही है जिसमें ब्लू कलर के मॉडल पर सबसे ज्यादा डिस्काउंट मिल रहा है. फोन को सीधे 21% कम कीमत पर खरीद सकते हैं और 9 हजार से ज्यादा का एक्सचेंज बोनस अलग से है. फोन के बाकी मॉडल पर 8 से 20% तक का डिस्काउंट है. iPhone 12 Mini में 6 कलर का ऑप्शन है और 64GB , 128GB के दो वेरियेंट हैं. See Amazon Deals and Offers here Apple iPhone 12…

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abhinandan890 · 2 years

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बेस्ट फोन आप के लिए: iPhone12 Mini पर पहली बार मिल रहा है MRP पर 15 हजार का डिस्काउंट !

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ddcenter18 · 2 years

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बेस्ट फोन आप के लिए: iPhone12 Mini पर पहली बार मिल रहा है MRP पर 15 हजार का डिस्काउंट !

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technukti · 2 years

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Best Deal on iPhone 12, Buy Apple iphone 12 Only for Rs.***

iPhone 12 Price Cut, best deal: Are you a fan of Apple products? Would you like to get the new iPhone 12 at a very cheap price? If yes, then today we are going to tell you about some such offers, where you can buy the phone with a bumper discount. Apple has recently introduced iOS 16, in which many new features have been added. The update will be available for all models above the iPhone 8,…

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#Amazon Monsoon Carnival Sale #Amazon Sale #Apple #Best Deal on iPhone 12 #iPhone 12

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hemantjimin · 2 years

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अब तक के सबसे कम कीमत पर मिल रहा है Apple iPhone 12! ऐसे पा सकते हैं धांसू ऑफर

Apple iPhone Offer: Most people are crazy about Apple iPhone, but due to the expensive price, not everyone is able to buy it, and wait for some offer. If so, then there is good news for you. Yes, the iPhone 12 is being made available at the lowest price ever. The iPhone 12 can be purchased from Amazon for a price of Rs 34,600. Actually, the official price of iPhone 12 is Rs 79,990 which is for…

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#Amazon #amazon offers #Apple iPhone #Apple iPhone 12 #Apple iPhone 12 Mini #Flipkart #iPhone 12 #iPhone 12 discount #iPhone 12 sale #offers on iphone 12

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mostlysignssomeportents · 3 months

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This day in history

#20yrsago Emotional Design: The Principles ETCON talk notes https://craphound.com/normanetcon04.txt

#20yrsago My ETCON talk, in the Public Domain https://craphound.com/ebooksneitherenorbooks.txt

#15yrsago Apple sez jailbreaking iPhones is illegal and should be banned https://www.eff.org/deeplinks/2009/02/apple-says-jailbreaking-illegal

#15yrsago RIP, Atomic Ed Grothus, curator and proprietor of the Black Hole of Los Alamos https://web.archive.org/web/20090213231519/http://wps.com/archives/EdGrothus/

#15yrsago Hard data on ebook piracy versus sales — slides from O’Reilly Tools of Change for Publishing panel https://archive.org/details/ChallengingNotionsOffree

#10yrsago Chinese-language Bing searches in the USA censored to match mainland Chinese results https://www.theguardian.com/technology/2014/feb/11/bing-censors-chinese-language-search-results

#10yrsago The Coruscant Tapestry: 30′ long Star Wars cross-stitchhttps://web.archive.org/web/20140222222211/https://nineteeneightyeight.com/products/aled-lewis-the-coruscant-tapestry

#10yrsago Militant commander accidentally blows up dozens of trainee suicide bombers https://talkingpointsmemo.com/livewire/suicide-bomber-kills-suicide-bomers

#5yrsago Police lobbyist: cops will not be motivated to stop crime unless they are allowed to steal people’s stuff https://www.greenvilleonline.com/story/news/taken/2019/02/03/sc-civil-forfeiture-police-defend-practice-say-funds-essential-law-enforcement/2746412002/

#5yrsago Courthouse shut after sheriff notices bedbugs “falling out of” lawyer’s clothes https://www.3newsnow.com/news/national/oklahoma-lawyer-with-bed-bugs-falling-out-of-clothing-causes-county-courthouse-to-close

#5yrsago Thomas Piketty explains how Elizabeth Warren’s wealth tax is American as apple pie https://www.lemonde.fr/blog/piketty/2019/02/12/wealth-tax-in-america/#xtor=RSS-32280322

#5yrsago After promising health care execs that Medicare for All was dead, Pelosi’s team plans toothless pharma deal https://www.nakedcapitalism.com/2019/02/pelosi-advisor-proposes-non-binding-arbitration-road-lowering-drug-prices.html

#5yrsago Netherlands court strikes down Dutch grifter’s patent claim over Ethiopia’s ancient staple grain teff https://qz.com/africa/1545111/ethiopias-teff-flour-is-no-longer-patented-as-a-dutch-invention

#5yrsago Bank lobbyists are scared to meet with AOC because she might humiliate them on Twitter later https://www.reuters.com/article/us-usa-banks-aoc/banks-weigh-whether-to-embrace-or-avoid-progressive-firebrand-ocasio-cortez-idUSKCN1PV27N/

#5yrsago Barefoot Engineers: rural women from Malawi, trained as solar engineers, who are electrifying their remote villages https://www.theguardian.com/global-development/gallery/2019/feb/11/barefoot-engineers-malawi-solar-power-in-pictures

#5yrsago Amazon just bought mesh wifi company Eero. Oh, great. https://www.theverge.com/2019/2/12/18221441/amazon-buying-eero-disappointing

#pluralistic

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krazyshoppy · 2 years

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एमेजॉन ने iPhone12 और iPhone13 पर कर दिया है डिस्काउंट, जानिये नयी कीमत

iPhone Deal On Amazon: iPhone खरीदने के लिये डील चेक करते रहते हैं तो एमेजॉन दे रहा है मौका. अभी डील में सबसे ज्यादा डिस्काउंट Apple iPhone 12 (64GB) ग्रीन कलर पर मिल रहा है . इसके अलावा ऑफर में iPhone 13 पर भी 10 हजार रुपये तक की छूट मिल रही है. आईफोन खरीदने पर Yes Bank के कार्ड से EMI पर खरीदने पर 7.5% या 2,000 रुपये तक का और Bank Of Baroda के बैंक के कार्ड से EMI कराने पर 1,500 रुपये तक का…

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papriakter240 · 4 months

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Temu’s wild 2023: rushing to the world and setting off a global “price war”

In the past year, in addition to the popularity of ChatGPT, which has aroused everyone's heated discussion, Temu has set sail against the global headwinds, expanded aggressively, and reshaped the industry structure with a unique business model. In 2024, no matter what direction this dark horse goes, it will still attract attention.

Temu will become the most downloaded iPhone app in the United States in 2023, and the statistics come from Apple officials.

On December 12, 2023, the App Store global editorial team issued an article stating that Apple selected the most popular applications and games in 2023. On the list of "Top Free iPhone Apps" in the United States in 2023, Temu ranked first, surpassing CapCut (overseas version), TikTok, Instagram, Google, YouTube and other global top applications.

Data released by SimilarWeb recently showed that in December 2023, the number of unique visitors to Temu reached 467 million, which is the same as Aliexpress, ranking second in the world. Amazon ranks first with 2.659 billion users. Shein ranks third with 172.3 million users.

Temu is grabbing the usage time of users of leading e-commerce apps such as Amazon.

In the second quarter of 2023, U.S. shoppers spent nearly twice as much time on Temu as on major rival apps like Amazon, according to research firm Apptopia. Consumers spend 18 minutes a day on Temu’s app compared to 10 minutes on Amazon.

The report said the time users spent on Temu continued to increase, extending to about 22 minutes in October and widening the gap with shopping giants such as Amazon, Walmart and Target.

Source: Bloomberg

Selling daily household necessities for less than $5 and women's clothing for about $10, Temu has become a new generation of "overseas version of Pinduoduo", meeting the consumer needs of ordinary people in Europe and the United States.

At present, Temu is still in the stage of burning money in exchange for scale and losing money in pursuit of growth. According to estimates from research firm Sanford C. Bernstein, Temu's global sales may exceed US$13 billion this year, but it may experience an operating loss of US$3.65 billion. It may take until 2025 for Temu's losses to narrow.

According to market news, Temu may test the POP (Platform Open Plan) model in 2024, that is, operating in a "self-operated + platform" dual model, and third-party sellers will be able to operate their own stores on the platform. If the dust settles, it will definitely seize more business shares from other cross-border e-commerce platforms.

This year, Temu set sail against global headwinds and expanded aggressively, reshaping the industry landscape with a unique business model. In 2024, no matter what direction this dark horse goes, it will still attract attention.

1. Spending US$2.1 billion to “brainwash” overseas young people

In 2023, Temu will become popular all over the world, which is related to the economic situation.

The "World Economic Situation and Prospects 2023" report released by the United Nations states that in 2023, global economic growth is expected to be 1.9%, making it one of the lowest growth years in decades.

Economist Peter Earle of the American Institute for Economic Research said Temu was benefiting from shopping fatigue caused by high prices and inflation.

The Temu outbreak began in February 2023. Temu spent tens of millions of dollars to place two 30-second ads on the Super Bowl (the annual championship game of the National Football League) in the United States. The slogan "Shop like a Billionaire" was implanted in the minds of 100 million Americans.

The audience of the Super Bowl is mainly young people aged 18-34, who are price-sensitive and more receptive to new things. Temu's low price advantage exactly meets the needs of this type of consumer. On the night of the broadcast, Temu's APP downloads surged by 45%, and the number of daily active users increased by 20%.

Taking advantage of the limelight, Temu accelerated its layout. On March 13, 2023, Temu entered Australia and New Zealand. Two days later, Temu was launched in the UK. Within a month, sites in Germany, France, Italy, the Netherlands, and Spain were opened one after another.

In March 2023, Teemu's huge advertising expenses paid off. Orders on the platform skyrocketed, and domestic warehousing was insufficient, leading to the phenomenon of "liquidation".

Shenzhen cross-border e-commerce seller Liming settled in Temu's fully managed store in April 2023 and encountered a "liquidation" incident. It took a month for the first product to be put on the shelves. Until July 2023, he would stay up until the early hours of the morning in order to "grab the warehouse". He told Xiaguang He that if he couldn't grab the storage capacity, he wouldn't be able to stock up, and the products wouldn't be put on the shelves or sold.

In order to speed up the warehouse turnover rate, Temu will also continue to open new domestic warehouses in 2023. According to the latest information, Temu has more than 40 warehouses. To this end, Temu employs about 50,000 outsourced workers to sort packages day and night.

According to "LatePost", in September 2023, Temu shipped an average of 1.6 million packages per day.

As of October 2023, Temu has recruited a total of 90,000 suppliers, 55% of which are merchants from the main Pinduoduo website and Duoduo Maicai, and most of them are white-label merchants.

According to data released by SimilarWeb, Temu had 226.3 million users worldwide in June 2023, ranking fourth. At that time, Temu was ranked ahead of Amazon (2.345 billion users), AliExpress (421.8 million users) and SHEIN (251.3 million users).

Only half a year has passed, and by December 2023, Temu's monthly unique visitors will reach 467 million, surpassing SHEIN and AliExpress, and second only to Amazon.

Currently, Temu has opened sites in 48 countries in North America, Europe, the Middle East, Southeast Asia, Latin America and other regions, covering major global markets.

Source: Temu official website

Huge traffic growth is inseparable from crazy advertising.

"LatePost" reported that before launching the "Super Bowl" in February 2023, Temu's monthly marketing expenses were US$100 million to US$150 million; by August 2023, Temu's advertising expenses had exceeded US$300 million.

CICC released "Temu Tracking Framework, UE Model and Financial Calculation" in December 2023. The research report mentioned that Temu's marketing expenses are continuing to rise at this stage, and no signs of optimization have been observed yet. Temu is still in a period of rapid growth. The proportion of natural traffic is lower than that of mature e-commerce platforms, and external purchases are the main source of users.

The research report pointed out that the comprehensive customer acquisition cost for Temu ordering users is expected to exceed US$30, of which US$18 is included in marketing expenses. Marketing expenses are expected to be approximately US$2.1 billion in 2023, accounting for 12% of GMV, and as the penetration rate increases, Temu’s average Unit customer acquisition and retention costs will still gradually increase.

With the increase in delivery, Temu's GMV has grown rapidly. Public information shows that when Temu was launched in the United States in September 2022, its monthly GMV was only US$3 million. By the third quarter of 2023, Temu's GMV had reached US$5 billion.

2. Punch Amazon and kick the Dollar Store

The crazy growth of Temu has begun to make many established e-commerce players and offline retailers restless.

On December 5, 2023, Amazon launched a new policy specifically for merchants in the clothing category. Amazon’s global store information shows that starting from January 15, 2024, the commission ratio for clothing products priced below US$15 will be reduced from 17% to 5%, and the commission ratio for clothing products priced between US$15 and US$20 will be reduced from 17%. down to 10%.

As a result, Amazon has joined the "price war" to grab merchants in the low-price clothing category, which is the area where SHEIN and Temu have advantages.

John Deighton, a professor of marketing at Harvard Business School, said, “Amazon is facing the first real competition in history.” The direct challengers to the competition are e-commerce platforms such as Temu.

An October report from Google search and mobile consumer intelligence company GWS Magnify noted that an estimated 82.4 million shoppers were using the Temu app in September 2023. In September 2023, the average number of shoppers using Amazon was 142 million, a decrease of approximately 7 million from Amazon's monthly users of 149 million in September 2022.

For this reason, in 2023, Amazon will set its sights on China, focusing on China's industrial belt, with an obvious intention to "grab" the supply chain.

In August 2023, Amazon Global Store launched the "Ten Steps to Launch the Industrial Belt" support plan, which included the launch of the "Amazon Enterprise Purchase Industrial Belt Accelerator" plan, which went deep into the industrial belts of nine provinces and 19 cities to provide targeted support to local enterprises.

On December 12, 2023, at the "2023 Amazon Global Store Cross-Border Summit", Amazon announced the official launch of the "Amazon Supply Chain Overall Solution" (Supply Chain by Amazon) in China.

In addition, at the summit, Amazon also announced that the "Amazon Global Store Asia Pacific Innovation Center" will be located in Qianhai, Shenzhen. This is the first innovation center for Amazon Global Store in the world.

From the perspective of sales scale and user volume, Amazon is still the unshakable leader in the industry. According to Amazon's financial report, in the third quarter of 2023, Amazon's e-commerce business sales increased by 7% year-on-year to approximately US$57.3 billion.

But Amazon has trouble growing its Prime membership. CIRP, a consumer intelligence research group, estimates that Amazon has 167 million Prime customers in the United States as of March 2023, down from 170 million a year ago.

Another more anxious opponent is the American “dollar store”.

Data analytics company Earnest Analytics shows that as of November 2023, Temu held nearly 17% market share in the U.S. discount store category. In comparison, Dollar General was at 43%, down from 57% in January 2023; Dollar Tree also fell to 28% from 32% in January 2023; Five Dollar Store Below) is 8%.

Michael Maloof, director of marketing at Earnest Analytics, also said: "Temu's low prices for home furnishings and consumer goods make it a greater threat to brick-and-mortar discount stores such as dollar stores than other online markets."

Michael Ashley Schulman, chief investment officer of investment institution Running Point, said more bluntly: "Temu's slogan is 'Shop like a Billionaire' ('Shop like a Billionaire'), and they use games and reward mechanisms to make online shopping fun. , easy, and cheaper than the dollar store.”

“Sweeping the world” is how foreign media describe Temu. Its influence is greater than any previous Chinese cross-border e-commerce platform. Especially in the European and American world where Amazon is home, Temu has broken out into a world that even the giants have to be wary of.

3. The “sequelae” of low prices is difficult to solve

"There are a lot of wooly people who are very difficult to deal with." Xiao Qing, who graduated with a master's degree in Arabic, joined Temu in 2023 as an after-sales customer service. Unable to endure the excessive work intensity, she chose to resign at the end of last year.

When she joined the company, she worked the morning shift as customer service, working from 7 a.m. to 4 p.m. But in fact, she usually can't complete her workload until the end of the day, and often has to work two hours overtime. "When encountering difficult cases, it's normal to work overtime until eight or nine o'clock."

On the one hand, the working hours are extremely long, and on the other hand, Temu attracts overseas "wool gangsters", which makes customer service a headache. "I don't want to spend time dealing with these, which is one of the reasons why I resigned. Many customer service staff were so angry that they left their jobs," Xiao Qing said.

Temu has copied Pinduoduo “Cut with a Knife” and other playstyles overseas, and the “refund only” function is no exception. This feature has attracted a large number of wool-gathering consumers. In addition to Temu operators, Temu merchants are the first to bear the brunt.

A Temu merchant in Shanghai encountered this situation. One day in July 2023, she stocked 100 products and put a product on the shelves in the middle of the night. At about 9 a.m. the next day, she found that the product had been sold out. Then 93 of them were "refunded only", involving an amount of 1,302 yuan. "I thought it was a huge deal, but it turned out to be a 'free prostitute' party."

Temu has aggressively attacked the North American market and frequently resorted to "barbaric" tactics, forcing Amazon to confront it head-on.

In July 2023, WIRED magazine reported that "Temu sellers are cloning Amazon storefronts." According to dozens of cases it investigated, many Chinese Amazon sellers claimed that their product images and detail pages were stolen by Temu sellers, and they complained to Temu and requested their removal. pictures, but got no response.

In fact, as early as May 2023, the owner of the fitness equipment brand FitBeast sued Temu in the U.S. District Court for the District of Illinois for copyright infringement. It is reported that Temu sells FitBeast replicas for $5 each on its website, while the unit price on Amazon is $25.99.

Liming also pointed out that Temu buyers intentionally guide sellers to imitate Amazon’s best-selling products. However, when Amazon sellers take Temu sellers’ infringements to court, Temu will remove the products from the shelves and freeze the merchants’ funds.

Just in May 2023, Wham-O Holding, the owner of the "Frisbee" trademark, sued some Temu sellers who used "frisbee" in their product information, accusing them of trademark infringement. Immediately, the accounts and funds of about 5,000 Temu sellers were temporarily locked.

Amazon spokesperson Mira Dix said, “We strongly condemn this type of criminal behavior. If sellers believe that their product information or images on Amazon have been used elsewhere, we encourage them to contact our Counterfeit Crimes Unit. .”

Products sold by Temu have received mixed reviews from overseas consumers. Feedback from many overseas Chinese on social media is that Temu’s products are very cheap, basically under $10, but they vary in quality and are prone to “mistakes”. Some people believe that Temu's household products are worth buying. "Home furnishings are consumables. Just replace them when they are worn out. There is no need to pursue perfection." The "refund only" function can also allow consumers to avoid losses.

In 2022, Temu was complained about by many consumers overseas. After the "explosion" in March 2023, Temu has tightened its product quality inspection. Previously, Liming shipped a batch of ice shovels, but because some of the plastic handles were stained, the entire box was returned, and the shipping fee was deducted from the seller's account.

Low price and high quality is a false proposition. However, sellers don’t do business at a loss. He Jun, a cross-border e-commerce seller in Shenzhen, told Xiaguang News that Temu requires supply at ex-factory prices and the profits are extremely low. They can only produce products with inferior materials. "The quality inspectors are not professional. We have our own methods to let them see "Don't come out.”

Image source: App Store

Today, Temu has received 860,000 ratings in the US App Store, with an average score of 4.7 (out of 5.0), which is still excellent. In other words, although product quality is difficult to guarantee, low prices still capture the hearts of overseas consumers.

Wish, known as the "American version of Pinduoduo", had a market value of over US$11.7 billion when it went public in 2020. At one time, Wish had more than 300 million users and was once the most downloaded shopping app in the world. The Road to Fury is exactly the same as Temu.

However, the founder underestimated the importance of "quality control", lacked supervision, and the platform became chaotic and out of control. In 2021, Wish's largest market, Europe, encountered Waterloo - it was ordered to be taken off the shelves by the French authorities. Public information shows that the French Directorate General for Consumer Affairs and Fraud Control (DGCCRF) purchased more than 140 products from Wish and tested the products. Data shows that most of Wish’s products did not meet regulatory requirements at the time.

Temu should take the lessons learned from Wish seriously.

4. Temu may move towards a “self-operated + platform” model

"Team Up, Price Down", Temu uses a self-operated fully managed model to integrate China's supply chain, superimpose U.S. tariff concessions, and sell light industrial products such as clothing and home furnishings overseas at extremely low prices, creating an efficiency Extremely advanced e-commerce model.

For Temu fully managed sellers such as Liming, after enjoying the order growth brought about by Temu's surge in traffic, they must deal with the problems of thin profit margins and huge pressure to reduce prices.

Liu Yu, a Suzhou factory seller, has been operating a Temu fully managed store since March 2023, mainly selling outdoor sports products. He told Xiaguang News that if products similar to 1688 are provided, the seller's supply price needs to be lower than 1688, otherwise Temu will not pass the price verification, "profits are stuck." He said that the unit price of products supplied to Temu is 5 Within US dollars.

Temu has prepared a "life and death elimination match" for suppliers. If the product is "unsaleable" (no active sales in 14 days or sales volume is less than 30 pieces and sales volume is less than 90 US dollars in 30 days), Temu buyers will ask the seller to reduce the price again and again; if the product sales are qualified, but If there are multiple product quotes, Temu will also ask sellers to bid and match the lowest price.

"After stocking 10,000 or 20,000 (pieces), the factory will be very passive. If the price is not lowered, it will be returned to the seller. However, the packaging may be damaged during the return process and cannot be sold again, so it can only accept the price reduction request." Liu Yu said.

Once prices are reduced to the point where profits are no longer possible, many sellers will choose to "clear out at a loss" and directly close their stores and exit Temu. Most sellers who still insist on running Temu fully managed stores are interested in its traffic. Although the profits are meager, they are better because of the large order volume, and they rely on "small profits but quick turnover" to maintain their survival status. He Jun said that he makes Temu and SHEIN at the same time, and SHEIN's sales are only one-tenth of Temu's.

On the one hand, huge marketing expenses are spent, and on the other hand, the supply chain is extremely low-priced. The market has doubts about Temu's future profitability.

Zheshang Securities released "Temu Breaks, Amazon Changes - Cross-border E-commerce Industry In-depth Series" in January 2024. The report made a profit outlook for Temu, "From orders, post-bond gross profit, marketing and logistics, we have Angle has calculated Temu’s expected performance and estimates that the GMV in 2024 will be US$40 billion, the post-bond gross profit will be about 30%, marketing and fulfillment expenses will account for about 18% each, and the loss rate will be about 20%. "

"We believe that after Temu has sufficient users and traffic, it will improve profitability by adjusting the category structure, improving warehouse allocation and transforming the platform business model. Specifically, from the perspective of category structure, one possible path is to adjust product categories In order to increase the unit price per customer; in terms of warehousing and distribution, cross-border direct shipping combined with overseas warehouses may lead to higher conversion rates by shortening the delivery time; in the long run, we believe Temu will tend to the business model of self-operation combined with a platform. "

It is worth mentioning that Temu is improving its logistics fulfillment methods. In November 2023, 36Kr reported that Temu has cooperated with world-famous shipping companies such as Matson, Zim, CMA CGM, Maersk, and COSCO Shipping to solve cross-border e-commerce logistics problems through shipping express ships.

On January 15, Xiaguangshe learned from Temu sellers that Temu is planning to open a POP model, which is a third-party platform model, and sellers will be able to operate their stores independently. Referring to the development path of Amazon and JD.com from self-operation model to Temu is more likely to move towards a "self-operation + platform" business model in the future.

However, once Temu begins to "evolve", the extremely low-price model will no longer hold true, and the market built on "low price" will be difficult to stabilize.

In addition, overseas policy risks are increasing. For example, starting in June 2023, U.S. congressmen and retailers have repeatedly proposed to cancel the U.S. Customs "duty-free policy for goods under $800", and Temu and SHEIN are using this policy to reduce costs and lower commodity prices.

Of course, Temu is still exploring new markets, and the latest news is that the South African site will also be launched online. Global layout and reducing dependence on the US market may also be Temu's future opportunities.

#HETuber #Music #Gaming #Entertainment #Sports #Science And Technology

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harunur01780 · 4 months

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1 billion to “brainwash” overseas young people

In the past year, in addition to the popularity of ChatGPT, which has aroused everyone's heated discussion, Temu has set sail against the global HE Tuber headwinds, expanded aggressively, and reshaped the industry structure with a unique business model. In 2024, no matter what direction this dark horse goes, it will still attract attention.

In 2023, the artificial intelligence chatbot program ChatGPT sparked a global craze. In addition to ChatGPT, China's cross-border e-commerce platform Temu has "surged" in 48 countries including North America and has become a hot news around the world. Temu becomes the most downloaded iPhone app in the United States in 2023, and the statistics come from Apple officials. On December 12, 2023, the App Store global editorial team issued an article stating that Apple selected the most popular applications and games in 2023. On the list of "Top Free iPhone Apps" in the United States in 2023, Temu ranked first Ranked first, surpassing CapCut (overseas version), TikTok, Instagram, Google, YouTube and other global top applications. Data released by SimilarWeb recently showed that in December 2023, the number of unique visitors to Temu reached 467 million, which is the same as Aliexpress, ranking second in the world. Amazon ranks first with 2.659 billion users. Shein ranks third with 172.3 million users. Temu is grabbing the usage time of users of leading e-commerce apps such as Amazon. In the second quarter of 2023, U.S. shoppers spent nearly twice as much time on Temu as on major rival apps like Amazon, according to research firm Apptopia. Consumers spend 18 minutes a day on Temu’s app compared to 10 minutes on Amazon. The report said the time users spent on Temu continued to increase, extending to about 22 minutes in October and widening the gap with shopping giants such as Amazon, Walmart and Target.

Source: Bloomberg Selling daily household necessities for less than $5 and women's clothing for about $10, Temu has become a new generation of "overseas version of Pinduoduo", meeting the consumer needs of ordinary people in Europe and the United States. At present, Temu is still in the stage of burning money in exchange for scale and losing money in pursuit of growth. According to estimates from research firm Sanford C. Bernstein, Temu's global sales may exceed US$13 billion this year, but it may experience an operating loss of US$3.65 billion. It may take until 2025 for Temu's losses to narrow. According to market news, Temu may test the POP (Platform Open Plan) model in 2024, that is, operating in a "self-operated + platform" dual model, and third-party sellers will be able to operate their own stores on the platform. If the dust settles, it will definitely seize more business shares from other cross-border e-commerce platforms. This year, Temu set sail against global headwinds and expanded aggressively, reshaping the industry landscape with a unique business model. In 2024, no matter what direction this dark horse goes, it will still attract attention.

rushing to the world and setting off a global “price war” In 2023, Temu will become popular all over the world, which is related to the economic situation. The "World Economic Situation and Prospects 2023" report released by the United Nations states that in 2023, global economic growth is expected to be 1.9%, making it one of the lowest growth years in decades. Economist Peter Earle of the American Institute for Economic Research said Temu was benefiting from shopping fatigue caused by high prices and inflation. The Temu outbreak began in February 2023. Temu spent tens of millions of dollars to place two 30-second ads on the Super Bowl (the annual championship game of the National Football League) in the United States. The slogan "Shop like a Billionaire" was implanted in the minds of 100 million Americans. The audience of the Super Bowl is mainly young people aged 18-34, who are price-sensitive and more receptive to new things. Temu's low price advantage exactly meets the needs of this type of consumers. On the night of the broadcast, Temu's APP downloads surged by 45%, and the number of daily active users increased by 20%. Taking advantage of the limelight, Temu accelerated its layout. On March 13, 2023, Temu entered Australia and New Zealand. Two days later, Temu was launched in the UK. Within a month, sites in Germany, France, Italy, the Netherlands, and Spain were opened one after another. In March 2023, Temu’s huge advertising expenses paid off. Orders on the platform skyrocketed, and domestic warehousing was insufficient, leading to the phenomenon of "liquidation". Shenzhen cross-border e-commerce seller Liming settled in Temu's fully managed store in April 2023 and encountered a "liquidation" incident. It took a month for the first product to be put on the shelves. Until July 2023, he would stay up until the early hours of the morning in order to "grab the warehouse". He told Xiaguangshe that if he couldn't grab the storage capacity, he wouldn't be able to stock up, and the products wouldn't be put on the shelves or sold. In order to speed up the warehouse turnover rate, Temu will also continue to open new domestic warehouses in 2023. According to the latest information, Temu has more than 40 warehouses. To this end, Temu employs about 50,000 outsourced workers to sort packages day and night. According to "LatePost", in September 2023, Temu shipped an average of 1.6 million packages per day. As of October 2023, Temu has recruited a total of 90,000 suppliers, 55% of which are merchants from the main Pinduoduo website and Duoduo Maicai, and most of them are white-label merchants.

#HETuber #video #sharing #watch #upload

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harunurrashid017 · 4 months

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Temu’s wild 2023: rushing to the world and setting off a global “price war”

1 billion to “brainwash” overseas young people In 2023, Temu will become popular all over the world, which is related to the economic situation. The "World Economic Situation and Prospects 2023" report released by the United Nations states that in 2023, global economic growth is expected to be 1.9%, making it one of the lowest growth years in decades. Economist Peter Earle of the American Institute for Economic Research said Temu was benefiting from shopping fatigue caused by high prices and inflation. The Temu outbreak began in February 2023. Temu spent tens of millions of dollars to place two 30-second ads on the Super Bowl (the annual championship game of the National Football League) in the United States. The slogan "Shop like a Billionaire" was implanted in the minds of 100 million Americans. The audience of the Super Bowl is mainly young people aged 18-34, who are price-sensitive and more receptive to new things. Temu's low price advantage exactly meets the needs of this type of consumers. On the night of the broadcast, Temu's APP downloads surged by 45%, and the number of daily active users increased by 20%. Taking advantage of the limelight, Temu accelerated its layout. On March 13, 2023, Temu entered Australia and New Zealand. Two days later, Temu was launched in the UK. Within a month, sites in Germany, France, Italy, the Netherlands, and Spain were opened one after another. In March 2023, Temu’s huge advertising expenses paid off. Orders on the platform skyrocketed, and domestic warehousing was insufficient, leading to the phenomenon of "liquidation". Shenzhen cross-border e-commerce seller Liming settled in Temu's fully managed store in April 2023 and encountered a "liquidation" incident. It took a month for the first product to be put on the shelves. Until July 2023, he would stay up until the early hours of the morning in order to "grab the warehouse". He told Xiaguangshe that if he couldn't grab the storage capacity, he wouldn't be able to stock up, and the products wouldn't be put on the shelves or sold. In order to speed up the warehouse turnover rate, Temu will also continue to open new domestic warehouses in 2023. According to the latest information, Temu has more than 40 warehouses. To this end, Temu employs about 50,000 outsourced workers to sort packages day and night. According to "LatePost", in September 2023, Temu shipped an average of 1.6 million packages per day. As of October 2023, Temu has recruited a total of 90,000 suppliers, 55% of which are merchants from the main Pinduoduo website and Duoduo Maicai, and most of them are white-label merchants. According to data released by SimilarWeb, Temu had 226.3 million users worldwide in June 2023, ranking fourth. At that time, Temu was ranked ahead of Amazon (2.345 billion users), AliExpress (421.8 million users) and SHEIN (251.3 million users). Only half a year has passed, and by December 2023, Temu's monthly unique visitors will reach 467 million, surpassing SHEIN and AliExpress, and second only to Amazon. Currently, Temu has opened sites in 48 countries in North America, Europe, the Middle East, Southeast Asia, Latin America and other regions, covering major global markets.

#HETuber #video #sharing #watch #upload

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designerplanet · 4 months

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Amazon Great Republic Day January 2024.Offers across Electronics, Fashion, Beauty, Home, Kitchen, Outdoor, Mobiles, Smartphones, and more Designerplanet #Designerplanet #greatrepublicday #Amazongreatrepublicdaysale #republicday2024 #republicdaysale #republicdaysale2024 #amazonprimedaysale #amazonfinds #mobileaccessories #amazongreatrepublicdaysale2024

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dipsiven · 6 months

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Amazon sale 2023 – Smartphones under Rs.50000: Check deals on iPhone 13, Xiaomi 12 Pro, Motorola Razr 40, more – The Lifestyle Insider

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gadgettechtrends · 8 months

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iPhone 14, iPhone 14 Professional to iPhone 14 Professional Max, get wonderful reductions on Amazon

iPhone 14, iPhone 14 Professional to iPhone 14 Professional Max, get wonderful reductions on Amazon iPhone 14 Professional, iPhone 14 to iPhone 12-Perfect iPhone offer all through Amazon Superior Summer season Sale 1/5 iPhone 14 Professional Max – The iPhone 14 Professional Max is the highest-end iPhone you’ll purchase at this time, and you’ll clutch it for simply Rs. 127999 on Amazon, towards…

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