How Temu Makes Money From $10 Smartwatches From China
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День томуBargain e-commerce company Temu has had a whirlwind 2023.
Quietly launching its app in September 2022, it only took the company a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February 2023, the 5-month-old company made its TV debut during Super Bowl LVII, airing two commercial spots totaling an estimated $14 million. With an annual advertising budget of about $1.4 billion, Temu is focused on aggregating a user base of nearly 100 million people by year-end.
Temu's popularity is largely due to its ultra-cheap knockoffs. Users can get an Apple Watch dupe for $10, Yeezy knockoffs for $4.99 and gaming consoles for $20. On top of the steep discounts, users are bombarded by coupons, free shipping countdowns, flash sales and discount wheels.
While on its face the company looks to be a Boston-based startup, it is actually backed by a well-known name in the Chinese retail space, Pinduoduo.
"China is really the linchpin in Temu's strategy," said Neil Saunders, managing director of GlobalData Retail. "A lot of the products that are sold on Temu are manufactured in China. They're shipped directly from China to the U.S. So those labor costs compared to manufacturing in the U.S. and elsewhere are really low."
Temu's rise in popularity has also courted scrutiny from the U.S. government, accusing the website of exploiting de minimis shipping rules to undercut U.S. retailers. Under de minimis rules, shipments valued under $800 are not subject to duty taxes and undergo minimal customs checks.
Beyond that, a U.S. House committee accused the retailer of violating U.S. import law by using forced labor to supply its products.
Temu and Pinduoduo did not respond to CNBC's request for comment.
Watch the video above to learn what's behind Temu's success and what could disrupt the retailer's massive growth in the U.S.
Chapters:
00:00 - Introduction
01:47 - What is Temu?
06:40 - Your package is on its way!
11:59 - Your order has been delivered
13:48 - What’s next?
Produced by: Devan Burris
Edited by: Kevin Heinz
Camera by: Brad Howard
Graphics by: Alex Wood
Supervising Producer: Jeff Morganteen
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How Temu Makes Money From $10 Smartwatches From China
@bhushaaa4244 9 місяців тому
Looks like CNBC bought their mic from Temu too
@seymorefact4333 8 місяців тому
⛔they talk about human rights, natl security, and privacy risk. The US kills millions every year, the US gov spy on everyone in the world, and google, meta, amazon, apple share your data to everyone, and huge US corp avoid taxes ..pay ZERO! ok when the US does it. But, NO one else can. Hypocrites!
@waynejus4092 8 місяців тому
Yes,agree,shocking articulation too.
@Bekssss 8 місяців тому
She just have very annoying voice ,can't imagine somone living with her
@religionisapoison2413 8 місяців тому
Hilarious comment. Lmao
@spacecadet2226 8 місяців тому
I was looking for this comment before saying the same thing. Tinny sound.
@xtos2001 9 місяців тому
I didn't get the slogan "shop like a billionaire", but then i kept watching and they said how Temu breaks laws and doesnt pay taxes. Now it totally makes sense 🤣
@seymorefact4333 9 місяців тому
😂🎉😂🎉since the USA govt is warning not. I'm going to download Temu! THE USA commits genocide every year with wars, sanctions, enslavement, and looting! There goes their human rights argument!😂 F U Tim Cook. He made hundreds of billions in bonuses.. Aple paid 0 taxes, make products in China, India, and Vietnam with lower labor costs and no labor laws. Same with Nike, gap, H&m, etc... All USA Corp cheats the system. The USA using national security. ... Qualcomm, Intel, Amazon, Google, Meta.... they have trillion dollar contacts with CIA, Pentagon, nsa to spy on the globe! They are a privacy threat..... these Corp share your info to others and govt! Duhhhh! Bravo Temu....at least we don't over pay! I can save money and retire early. ... LIKE A BILLIONAIRE! I LOVE a temu ad came on during this PROPOGANDA piece! 🎉🎉
@seymorefact4333 9 місяців тому
Most USA Corp pay 0 taxes! Or way less than you DO! That's OK With you? 😂🎉
@ScottWallace5 9 місяців тому
My favorite comment of the day 😂😂
@Jasongy827 9 місяців тому
@@seymorefact4333yep like jeffy baldie looks like big bird on sesame street
@fndorigin9021 9 місяців тому
*Jeff Bezos laughing in the back
@lIREADYIl 4 місяці тому
this was just the best Temu ad to date. im ordering a smartwatch now
@BTWang1234 4 місяці тому
How a 16 min video fails to answer the question in title
@luissolano101 3 місяці тому
Thats most videos on youtube now You search a how to video for something real simple and get in return a 12-20min video And at the end most of them fail to answer the titled question 😂
@WildlifeWarrior-cr1kk 3 місяці тому
They're making money
@WildlifeWarrior-cr1kk 3 місяці тому
@@luissolano101because the longer the video is the more money they make
@sjappiyah4071 2 місяці тому
They kinda did ? At 9:30 they explain that since the parcels are cheap - > $800 they don’t have to pay tariffs , thus the savings are passed on to them, then to us
@ryanfazal5551 2 місяці тому
They did. They use forced labor and they avoid paying tariffs.
@MakZor 8 місяців тому
"So that 10$ smart watch is most likely to come from a factory in China" Like every other smartwatch on the market...
@mikehunt5637 8 місяців тому
That was the exact thought that went through my head when they said that.
@mpls_link 7 місяців тому
😂
@WildlifeWarrior-cr1kk 3 місяці тому
Even our cell phones and computers
@KatieJayne-uu6zg 2 місяці тому
Temu is owned by PDD Holdings, a company founded in China that has been credibly accused by members of Congress as being linked to the Chinese Communist Party. Congressional investigators also believe Temu is illegally selling products made by forced labor in Xinjiang, where the Chinese Communist Party is committing genocide against the Uyghur people. Uyghur peoples who are imprisoned and enslaved in concentration camps are being forced to create much of Temu’s goods.
@icet6665 12 днів тому
😂😂
@andresjaramillo4382 9 місяців тому
The irony of getting a two Temu adds while watching how Temu works
@introvertsrock9843 9 місяців тому
Same here...
@labdleo5485 8 місяців тому
You guys don't use UKposts premium ??
@andresjaramillo4382 8 місяців тому
you pay for youtube? cringe@@labdleo5485
@vectoralphaAI 8 місяців тому
@labdleo5485 lol no why would we use that garbage? UKposts Premium is just a scam
@ichibanmegami 8 місяців тому
Lol yeah.
@brianc5581 7 місяців тому
Recorded with a Temu microphone?
@jakubageter1689 7 місяців тому
That's fantastic.Using a fiduciary will also benefit you. At the start of the year, I gradually increased my stock purchases, but nothing significant. Why am I being so harsh with this? Even though others in my sector make six figures per person, I want to be the first member of my polygamous family to earn a million dollars. I am well aware of the expenses involved with putting in longer hours to earn more money.
@AnnieBeischel 7 місяців тому
If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.
@Adrianjacek- 7 місяців тому
@@AnnieBeischel Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
@Adrianjacek- 7 місяців тому
In fact, I'm not sure whether I'm allowed to mention this, but I'd advise looking up "Stacy Lee Decker" because she was a big deal in 2020. She oversees both my portfolio and serves as my mentor
@patty109109 2 місяці тому
@@Adrianjacek-she was arrested for securities fraud last month
@raulivan2103 3 дні тому
Lol @@patty109109
@jesseinfinite 9 місяців тому
The fact that China can produce an actually functioning smart watch for less than 10$ is absolutely insane. That's the price of a handheld toy, not something with a microprocessor inside it. It could be the worst smartwatch ever. But for 10$? It's a tech marvel.
@jackli6592 9 місяців тому
that 10buck include international shipping, now thats insane
@thewonthatloss227 8 місяців тому
What you are seeing is the west being intimidated by Chinese tech. "It's trash, that's why it's so cheap so don't buy" Meanwhile we continue to buy overpriced stuff from Amazon that breaks in 2 months....but it's Amazon so no one bats an eye. Just buy another one. If I can buy a $300 smartwatch and you can't then I look better than you but if you can now buy one for $10 and it does half of what mine does, now I'm not so special am I?
@g.s.5868 8 місяців тому
the insane thing is people buying 'the real one' for 50x more
@g.s.5868 8 місяців тому
@@jackli6592 they seem to avoid that... the cost is US mail distribution and they have international agreements for in country...
@jesseinfinite 8 місяців тому
@@g.s.5868 I mean even apart from the brand tax, there are a lot of things that brands have to take care of - replacement, warranty, customer service, service centers, advertising. They all cost money. These Chinese good don't have to do any of it. But even then the whole package in 10$ is absolute insanity.
@alanwong8307 8 місяців тому
If an American company did this, they would be on tv saying: “we optimized our operations to maximize shareholder value and believe that small government and fewer regulatory hurdles are the key enablers for value creation. Our mission is to bring the lowest prices to the consumer market place. Tariffs create an unnecessary hurdle that presents friction for the consumer and we strategically have bypass this and return value to our clients in the form of savings.”😂
@ebubeawachie 8 місяців тому
You are well schooled in marketing speak. Here’s your 🏆 sir.
@datsuntwosixty160 8 місяців тому
Geeze that is impressive
@gus473 8 місяців тому
😂 You're either an investor relations professional or a writer for SNL or The Onion! Either way, your answer's correct! 😎✌️
@Vik-wy3it 8 місяців тому
America just boasts while China just does
@halteros 8 місяців тому
Exactly. they even say ¨What is Temu doing with your data¨ like... dude , Did u even know what amazon does with all the data?
@Zones33 5 місяців тому
I like how Wish doesn't get nearly as much of the criticism that Temu and Shein get even though they do the exactly same thing. Perk of being an American company I guess. Same with Vine and TikTok.
@crimsonalucard 4 місяці тому
Wish is also an "American" company. The difference between Temu and Wish is that Temu is pushing hard. Really hard. Tons of money is being pushed towards getting grabbing western users.
@hungphutr 7 місяців тому
🎯 Key Takeaways for quick navigation: 00:00 🏈 Introduction to Teemu's Super Bowl Ad Debut 01:10 📱 Teemu's Aggressive Promotions and Low Prices 02:37 🛒 Teemu's Rapid Rise and Advertising Budget 04:55 🌐 Teemu's Connection to Chinese E-commerce Giant Penduo 06:17 🏭 Supply Chain Advantage and Low-Cost Model 07:42 🚫 Challenges with Xinjiang Region and Import Laws 09:26 📦 Exploiting De Minimis Rule and Customs Control 11:15 🌐 Concerns About Teemu's Cybersecurity and Data Usage 12:30 ⌚ Review of a Teemu-Purchased Smartwatch 14:22 🛍️ Teemu's Potential for Social Shopping 15:42 📜 Teemu's Future Amid Regulatory Scrutiny Made with HARPA AI
@Teruna_Bronson 4 місяці тому
Thank you..
@ivibivivgig6425 3 місяці тому
YOU DA MVP
@cratecruncher4974 8 місяців тому
The more interesting question is "How does Apple convince consumers to purchase $400 Smartwatches that cost the firm $26 to produce?"
@user-xj2kz4iz4s 8 місяців тому
Apple products are a reap off. Let US citizens enjoy cheap electronics and goods which are comparable to branded goods.
@achim007ro 8 місяців тому
😂😂😂 baaaa baaa 🐑🐑
@PatricKlein86 8 місяців тому
$26 to produce each unit but the cost of Research and Development is where the price tag is. Engineers work for years tinkering with hardware to make smaller, thinner, faster chips. They make up this huge cost with the Apple price tag. China reverse-engineers the stuff and produces knockoffs. They don’t have to spend money on R&D.
@alkh3myst 8 місяців тому
Snob appeal, and FOMO
@alkh3myst 8 місяців тому
@@user-xj2kz4iz4sYes, President Xi! We hear and obey!
@pondurosa3792 8 місяців тому
They just single-handedly gave Temu at least a million new users.
@ThatAlleyCatsBack 8 місяців тому
That was kinda point of this video, they get paid too
@BunnyBoiWinkWonk 8 місяців тому
Orange logo and big white letters Marketing genius
@angelamilton5134 7 місяців тому
Even makes me hate Temu even more🤬🤬🤬🤬
@happyjohn1656 7 місяців тому
@@angelamilton5134 What's wrong with it? I've spent hundreds on the app, it's great 🤑
@parengthonycastillo4272 7 місяців тому
Bought a pair of jordans with temu for only $17. I'm not lying. Dead serious.
@Mike-xn9ho 4 місяці тому
Audio is awful, it sounds like it was recorded with a laptop built in mic. I would expect better from a major network
@Lesartistes101 2 місяці тому
They use teemu products
@OhMonia 25 днів тому
😂😂😂😂😂
@dyf8ib 5 місяців тому
The secret of temu's cheap goods is that they directly establish a relationship between factories and consumers without intermediaries to make price differences. And the same products can only reach consumers through multi-level dealers and retailers on Amazon.
@tocube1 4 місяці тому
It's what they claim, not what they really do. mainly because no one is willing to disclose ditching taxes and running sweatshops.
@MrReubenTishkoff 3 місяці тому
They put those camp 'inmates' to work...
@move2earn-ob1th 9 днів тому
actually they screw over the factories and force them to sell at a loss. good for us not good for the factories.
@yukie_tn 9 місяців тому
The thing is, the average consumer do not care about tariffs or politics if they can save some money. If you want people to stop shopping there, you need to make a more convincing case.
@randomautonomousdronepilot3384 9 місяців тому
Ok commie
@jankay8569 9 місяців тому
And this is why i hate people. I cant wait for the world to end.
@peekaboopeekaboo1165 9 місяців тому
...Plus there's no actual evidence of "genocide" and "forced labor" in Xinjiang or in the rest of China. U.$. government, politicians, NGOs and media ...are spreading disinformation and xenophobia.
@BrightWendigo 9 місяців тому
No nationalism is enough for Asian or middle eastern countries. It’s just the west that has such horrible populations
@muliawanchandra806 9 місяців тому
Just ban it citing “Amazing risk against National security”
@paulkingeu 8 місяців тому
Temu is doing to the USA what Amazon has done to the rest of the world
@d.b.cooper1 8 місяців тому
Without the billion of $ in countless grants & tax exemptions Amazon insists on simply to set up base in a new place
@caspice 8 місяців тому
China owns Temu and are only do harm to USA.
@aypad 8 місяців тому
Not really, Amazon in Asia is hardly felt.
@Vysair 8 місяців тому
@@aypad in Asia, China hold the monopoly. No idea about Amazon JP though
@cathearts09 7 місяців тому
Hahahaha Europe n US do not make up the "rest of the world"
@PlittHD 3 місяці тому
I like that for immersion you used a microphone from Temu
@FuglyStick 7 місяців тому
Aggressive advertising is a warning sign for me. I don't like being assaulted with marketing.
@FelipeMontoya-gp2ue 2 місяці тому
They bludgeon you with ads
@cleoc3861 9 місяців тому
Okay, but as someone who buys from both Amazon and Temu- everything sold on Temu is also sold on Amazon for double the money. Just sayin’
@studytime2570 9 місяців тому
Indian Americans in order to pursue
@studytime2570 9 місяців тому
model minority status
@studytime2570 9 місяців тому
are throwing fellow
@studytime2570 9 місяців тому
asian borthers
@studytime2570 9 місяців тому
under the
@jeffpotter2934 9 місяців тому
Where do you think Amazon and Walmart get their products from? Same place
@TENNSUMITSUMA 9 місяців тому
F==kin *DING‼️* (wondering when someone else was going to point that out!)
@von8295 9 місяців тому
@artsandcuriosity 9 місяців тому
Lol that’s so true. You get what you pay for regardless of platforms.
@mguendumiguel9523 9 місяців тому
everything from temu is VERY VERY FAKE COPY
@8luvbug 9 місяців тому
@@von8295how did you do that?
@lostnotfoundyet 4 місяці тому
It’s interesting how the government keeps saying companies like shein and temu have an unfair advantage over other COMPANIES by shipping things under 800$ to avoid paying tariffs BUT they don’t say that it’s the CONSUMERS who benefit from this since these companies are able to make things more affordable for the everyday people, WHILE abiding by the law. If the government has problem with this, then hey just lower the cutoff! They write the game rules anyways. It’s very easy to see whose interests they have in mind 😃😃
@0animalproductworld558 Місяць тому
What’s important is the world gets better, people suffer less because of cheaper products from china that give them better lives than ripped off products at the same quality.
@mskrazie 6 місяців тому
watching this just made me wanna go on temu 😂
@artsandcuriosity 9 місяців тому
I’d like to buy products that are produced in US with the same price like Temu. But do I really have any other options? I mean products on Amazon are also made in China.. Come on
@hurricane9851 8 місяців тому
You will never ever find stuff made in north america for the same prices as chinese junk.
@calmbbaer 8 місяців тому
So you'd like to pay the same for items made an affluent nation as for those made in a country with no national minimum wage? Sure, and I'd like to make millions of dollars sitting on my ... chair. But neither is going to happen.
@jarigustafsson7620 8 місяців тому
slave labour and there you go.
@_Wai_Wai_ 8 місяців тому
@@hurricane9851 Chinese made products such as furniture, kitchen appliances, I can bet most American people or companies have even forgotten how to produce them. Not to mention setting up the factories and the supply lines..
@_Wai_Wai_ 8 місяців тому
@@calmbbaer products made in US and EU are non competitive, not only due to higher worker wages, but also too much red tape. and bureaucracy in doing business. It is like bribing multiple levels of gov't just to set up a medium to small size business. I would not invest money into building any sort of business in the USA, even though I live here.
@Arcwol 8 місяців тому
How is Temu "skirting the law" when they are essentially in compliance with the law? The law says anything under $800 isn't subject to import duties, most products they sell fit that category.
@webapple1 8 місяців тому
does big business buy media? instead you should pay $800 for a watch when you can get a $10 generic from china that works exactly the same
@dd-dd2co 8 місяців тому
CNBC fake news is trying very hard to discredit Chinese companies, that much is obvious.
@RealROI 8 місяців тому
@@badinstinctsUKposts-xb3oj "skirting"? Please name what laws they are breaking and where and how.
@SpicyPlur 8 місяців тому
@@RealROIU.S.-China Economic and Security Review Commission (.gov) www.uscc.gov › filesPDF Shein, Temu, and Chinese e-Commerce: Data Risks, Sourcing ...
@SpicyPlur 8 місяців тому
@@RealROI that has the specific laws, but consumer safety, slave labor, copyright infringement, and the "skirting" of tariffs and customs inspections
@iamnormal8648 6 місяців тому
I had never heard of Temu before watching this video. You guys have given Temu an additional 1.1M new users. I hope they paid you for this free extensive advertising.
@nonnywinner5039 7 місяців тому
We can forward packages from China to US or from US to anywhere for $5.69, and goods arrives in less 16:23 than 7 days. Depending on size, packaging and product finial destination.
@imonbanerjee2997 9 місяців тому
Just to note, although it says "based out of Boston" in their website, Temu is actually a fully owned subsidiary of PDD which is legally in Ireland and registered in Cayman Islands. CNBC should be more careful with their research
@TENNSUMITSUMA 9 місяців тому
...so no china anywhere?!
@imonbanerjee2997 9 місяців тому
@@TENNSUMITSUMA international business works in funny ways. Do note that PDD was originally based in Shanghai but they moved to Cayman Islands relatively recently
@culturalfusion 9 місяців тому
@@imonbanerjee2997 it’s kind of a six in one hand half dozen in the other situation. They are still a Chinese corporation regardless of their “official” location. This move was probably an effort to appease US regulations/regulators. One should take extra precautions to protect their data when using Temu.
@culturalfusion 9 місяців тому
@@TENNSUMITSUMA see my response to @imonbaerjee2997.
@dunkinherdonut8471 9 місяців тому
China still own it. Where they base they operations are company is for tax purposes only. 🙄
@dd-dd2co 8 місяців тому
Goes to show how much brands and companies fleece us with their regular prices. The profit margins they make is outrageous.
@keaixiaomeinv 8 місяців тому
After a certain point, yes. But with platforms like Wish and Temu you're essentially transferring the cost of production and shipping to the poor sods working in sweatshops and the ridiculous idea that shipping from China should be subsidized because of some archaic law. It's a completely unsustainable business model and an environmental disaster.
@mikerobberts9998 8 місяців тому
@@keaixiaomeinv But doesn't Apple also produce their goods in China?
@keaixiaomeinv 8 місяців тому
@@mikerobberts9998 There's a huge difference between a modern Foxconn factory outside of Shenzhen and a sweatshop in rural Henan. It's like comparing the Brompton factory in London with a moonshine distillery in Romania.
@barcelonachair6487 8 місяців тому
@@mikerobberts9998 They are now in India, but even when they were in China they didn't have the sweatshop model. They didn't have to pay and provide for employee wages as though the plant was in US jurisdiction but it was a good living until COVID and they locked them down on their campus. I have no clue what their conditions are like in India now.
@krg038 8 місяців тому
Luxshare ICT, Apple Watch's major assembler, has production lines in China and Vietnam and has shipped from Vietnam since Apple Watch 7.
@quasicesium 5 місяців тому
Can't blame Temu, it serves its purpose to the other side of humanity well. At least, it doesn't go to the extreme in pretending to be some brand name then charges people 20 times what it actually costs to produce.
@user-ib5hj2js6h 5 місяців тому
It aims to capture the "sinking market".
@MrReubenTishkoff 3 місяці тому
Temu is nice and all, but don't forget to read the app's fine print. It grants them access to virtually everything on your phone.
@quasicesium 3 місяці тому
@@MrReubenTishkoff I put "No permissions granted" and it still works fine.
@MrReubenTishkoff 3 місяці тому
@@quasicesium Knowing who we are talking about, I would not take that as a guarantee data isn't being siphoned anyway...
@Faridun2801 7 місяців тому
This video forgot to mention that Temu, like the rest of Chinese marketplaces, leverages subsidized UPU postage rates (40-70% lower than regular rates) for underdeveloped countries (isn't it ironic that in order to get subsidized shipping the second economy of the world claims to be underdeveloped?)which is why shipping from China is dirt cheap but if a dissatisfied customer wants to return the products to China then they would need to pay the full international shipping price as US is a d developed country and doesn't get subsidized shipping.
@nexcenent.3331 7 місяців тому
This is totally untrue. I requested several times for Temu products returning. The process is not only easy, but totally free for me.
@TheOfficialOriginalChad 7 місяців тому
@@nexcenent.3331it was true a year or two ago. Now they know they need to make the investment to make returns easier
@wuffendok 6 місяців тому
Pinduoduo, the mother company for Temu is a Private Company and they make obscene amount of profit in China alone. Pinduoduo is not a strategic business. Why on Earth would the government subsidize a private company like Pinduoduo?
@billpetersen298 5 місяців тому
All western countries, are paying for Chinese shipping to all of us. Undercutting our own business. We are paying them, to destroy us.
@dan-bz7dz 5 місяців тому
subsidized shipping. did you pull that out of your a**?
@tobyswesternwear 8 місяців тому
When I first started my wholesale business in the US, my import used to be less than $800 per shipment. But after doing my math, I would have a unit cost of at least double than if I had imported a larger shipment. Which only makes sense because the larger your shipment, your unit cost goes down. This use to be a competitive advantage that US based sellers have against foreign sellers on sites like Amazon and eBay. Now, I'm seeing warehousing/fulfillment companies offering storage space for bulk imports from manufacturers from China so that Chinese sellers/manufacturers can now ship directly to American buyers and compete directly with American sellers.
@millennialodyssey5956 8 місяців тому
Disgusting isn't it? I haven't shop on any of the above mentioned stores ever or in over a year because of the many things they are doing to American based businesses.
@guardianvalor962 8 місяців тому
This is just how capitalism works. Compete or file for bankruptcy
@grantchen2324 8 місяців тому
its really nice, you can get something for your girlfriend and make her happy for $0.99 lol I'd take the deal over the $40 flowers here@@millennialodyssey5956
@CornellBentley 8 місяців тому
it was all by design too which just adds salt to the wound ….
@vidsbfree4me 8 місяців тому
@@millennialodyssey5956But it was the American Bankers who funded these endeavors! For the record, the Banksters also financed the 3rd Reich 80 years earlier 🧐 American Businesses don't give a hoot about Americans, they only value the greenback 🫡
@Jscnros31 9 місяців тому
The truth is that an Apple Watch is way overpriced and this just confirmed that it can be made cheaper maybe not at 10 dlrs but not as much as they say it does.
@thewonthatloss227 8 місяців тому
@@mikhaillastname8719 crazy how everything is "trash" to y'all because it doesn't have the brand label on it that YOU approve of. If hard working people want to spend their money on whatever THEY want to, why do y'all care?
@sconescrewdriverson 8 місяців тому
It's not even about the manufacturing costs, it's about the development and management costs. When you buy an Apple product, you supposedly buy the best gadget that could possibly be made for you by the best people to make it. When it comes down to it, though, yeah, seems like they could make some cuts.
@ronblack7870 8 місяців тому
well they have to pay crazy salaries to their employees like engineers . they make like 250 k to start. they are part of the same tech culture like twitter used to be . they had wine on tap like soda pop. free lunches with chef cooked meals etc. it's apple customers that pay for all that.
@madsam0320 8 місяців тому
Not at ten dollars, no. The costs of the finished products from OEMs are even lower. After all, the ten bucks smartwatch has to take into consideration the shipping costs and temu commission.
@learningmax7286 8 місяців тому
Actually they are okay with $8, as long as you give your data to temu.. Apple at least keeps your privacy and has updates as long as you can remember.. and also, keep in mind that temu is a fashion watch, apple is a tool watch..
@c.garcia2363 6 місяців тому
First purchase was dirt cheap. 3 purchases later...rewards were not honored and prices are 30 to 50% higher than U.S. retailers. Not falling for it anymore.
@seanchang4442 5 місяців тому
TEMU offers what ppl want, I need a “smart watch” at work that I am not afraid to lose or break it. It works well and cost leas than $10. The previous watch costs over $ 130 but in the garbage can, I remember to replace the proprietary watch band did cost me 40 dollars.
@user-hc9hs4qs9y 3 місяці тому
Well for me , none of what i bought from ali or temu worked properly or lasted longer than max several weeks.
@seanchang4442 3 місяці тому
@@user-hc9hs4qs9y I might have made fewer purchases than you, two smartwatches and a few other items. The watch, with its mediocre instructions, led me to believe that one of them might be defective. The affiliate carrier associated with TEMU caused me the worst nightmare, prompting me to cease any further purchases from them.
@ilovegameslibb2917 3 місяці тому
They talk about trash. How about all the stuff we /stores throw away in dumpsters. Perfectly good stuff they ruin on purpose.
@alexhamilton44 9 місяців тому
Can CNBC please show Amazon's import duties on minute 9:20? We are comparing e-commerce marketplaces, so that would be a better comparison. Amazon's marketplaces also host merchants based out of China. Thank you.
@salvadoramaya4908 8 місяців тому
Would go against the narrative so they wouldn’t show
@user-zp6dz9jw3g 8 місяців тому
虚伪的媒体。报道对自己和赞助有利信息！
@Neckername1 8 місяців тому
Yeah but Amazon helps the feds big time.... First time in the sausage kitchen, eh?
@KILLERONROAD 8 місяців тому
As much as I hate Amazon, they're a hell of a lot less sketchy than Temu is.
@allurared9029 8 місяців тому
@@KILLERONROADTemu gives me that toxic chemicals in kids toys kinda vibe. And if I see another Temu ad I think im gonna go ballistic, you cannot go a day without seeing it
@ramacvr12 8 місяців тому
I bought the same item from Walmart at three times the price from TEMU.
@ganeshdore 4 місяці тому
Walmart is probably buying from Temu .
@JamilKhan-hk1wl 3 місяці тому
@@ganeshdoreyup. Temu just allows the consumer to skip the middlemen
@ganeshdore 3 місяці тому
If Amazon is too dumb to trim their middlemen .. then they deserve to go out of business
@diegoflores9237 28 днів тому
It probably came from the exact same factory in China too
@angel878958778 6 місяців тому
Why not say that more than 70% on products on Amazon come from China? Temu from app point of view...is aliexpress rebranded.
@danaredricks1272 7 місяців тому
The economy in USA is a driving people to use Temu. The prices are going up so much a person can't help, but get drawn buying the low cost items especially people with low incomes.
@christendenise220 8 місяців тому
Out of curiosity I ended up buying 4 pair of shoes, 2 pair of jeans, 2 dresses and a few kitchen gadgets. The chemical smell from the shoes and clothes were awful. The quality of the jeans wasn't bad but I found the cotton style dresses were sub-par material. Not soft after washing them. I didn't expect top of the line, but my curiosity is now satisfied, I don't plan to get anything else from them.
@vectoralphaAI 8 місяців тому
They only sell China made cheap knockoffs.
@Miss_Sylvie 8 місяців тому
Some of these items ended up on Amazon through sellers. I bought a swim suit that gave me stomach pain when ever wind hit me. There was something wrong with the material. It felt like gall bladder attack. At first I thought it was me, but then I realized it was whenever I put on the swimsuit. Its better to feel and see the fabrics or keep to known name brand. I will never buy online clothes again. I don’t know what chemical was on it, but it was physically causing me pain.
@christendenise220 8 місяців тому
@Miss_Sylvie Wow that's wild!
8 місяців тому
@@christendenise220 It is nonsense.
@maxwellspeedwell2585 8 місяців тому
Yrp, bottom of the line from china.
@displayname6796 9 місяців тому
C'mon, who green lighted this? Tf is up with the audio?
@connorb852 9 місяців тому
was thinking the same thing.
@pqlasmdhryeiw8 8 місяців тому
Same - horrible audio. Maybe the microphone came from... Temu.
@donalpaccio4233 16 днів тому
We're over-vilanising Shein or Temu, but in France, when I need a kitchen accessory or a bathroom organizer, I won't necessarily go to Ikea or local supermarket and pay 30€ or so, for an acrylic or "bamboo" organizer, when I can get the very same thing for 10€ or less from Asian e-commerce. Whatever you can get in UE, it's made in China but eventually assembled in the Netherlands... The quality is the same, but the price is more pocket friendly, especially in the recession. As for the quality, let's just say that everything will break if you don't take care of it or if it's made to be repurchased. And also what you can find on Amazon for 26€, you'll find for 6€ on Shein, sooooo.....
@TerellMartin-fb9ke 4 місяці тому
I JUST SAW TEMU AD BEFORE WATCHING THIS 😂
@JamesJones-mg3ts 8 місяців тому
I think a lot of this push back is, in the back of their minds, politicians know we have a competitive problem and use alternative narratives to avoid just acknowledging that AS the root of the problem. Back in the 50's, Japan had a reputation for shoddy goods. They improved quality and offered better prices. Even in the 70's, Japanese cars were not the thing they are now. In the 80's you got that Gung Ho movie (with Micheal Keaton in it, a 'pop' reaction) as we struggled this with what's an identity crisis in where the U.S. stands in manufacturing. The torch is passing still and will continue. I expect India will be the next push-back as they are a rising technological power as well. What's ironic is a LOT of what we've preached to these countries regarding manufacturing that's made them so competitive are things we've failed to follow through on ourselves (complacency).
@FireMadeFleshII 8 місяців тому
THIS. 💯
@brunomoreno3666 8 місяців тому
China and India have the power of amount of people, indians are not smart, i have worked with them for years. Their culture is to scam people, even when getting job, for every good worker there are 1000 that dont know nothing.
@SimonFranck100 8 місяців тому
The US never had a reputation for quality goods. India is not a "power" in any sense. 70% of its families earn less than 150 USD a month, and it ranks near bottom in most human development indices. Unless India invests in its population, its demographic dividend will remain a mirage
@Chaotic_Pixie 7 місяців тому
No. Literally none of this. Wage slavery and zero environmental practices explains China. That's it.
@AnnaKrueger809 7 місяців тому
I’ve lost so much in the past 8 months from failed economy and banks,Real estate crash,depressions,stocks,dividend,you name it What a terrible year it is...
@TheNoerdy 9 місяців тому
The most impressive thing to me is how cheap they have managed to get tech that even 10 years ago would be remarkable and 50 years ago would be magic.
@paulishak5673 9 місяців тому
My experience from AliExpress, that you get what you pay for. BAD QUALITY
@TENNSUMITSUMA 9 місяців тому
@@kikiiza3379i haven't yet and have spent over 500 dollars that would have cost me 3xxx in brick and mortar stores, and 15xx between amazon and ebay!
@seymorefact4333 9 місяців тому
😂🎉😂🎉since the USA govt is warning not. I'm going to download Temu! THE USA commits genocide every year with wars, sanctions, enslavement, and looting! There goes their human rights argument!😂 F U Tim Cook. He made hundreds of billions in bonuses.. Aple paid 0 taxes, make products in China, India, and Vietnam with lower labor costs and no labor laws. Same with Nike, gap, H&m, etc... All USA Corp cheats the system. The USA using national security. ... Qualcomm, Intel, Amazon, Google, Meta.... they have trillion dollar contacts with CIA, Pentagon, nsa to spy on the globe! They are a privacy threat..... these Corp share your info to others and govt! Duhhhh! Bravo Temu....at least we don't over pay! I can save money and retire early. ... LIKE A BILLIONAIRE! I LOVE a temu ad came on during this PROPOGANDA piece! 🎉🎉
@Rust_Rust_Rust 9 місяців тому
@@AdoraTsangi trust you asian lady
@thomaskim5008 9 місяців тому
@@kikiiza3379what scam? Where are the evidences?
@massarms4583 6 місяців тому
Products are a lot cheaper to manufacturer than the average person knows.
@TheSateef 7 місяців тому
how do they get something from the middle of China to NJ in a week for free?. i can't mail a package from NY to CA in a week for less than $10.
@andrewwastien 8 місяців тому
temu selling point is free delivery without having to pay for a monthly prime membership.
@est9949 8 місяців тому
For now..
@vectoralphaAI 8 місяців тому
But it's all cheap Chinese knockoffs.
@user-wq4fb7zt8y 7 місяців тому
@@vectoralphaAI They also have expensive brands, you can choose what you want, but I doubt these Americans can buy it because of national security.
@__-xf3iw 4 місяці тому
But they dont have Clarkson, May and Hammond
@mrslcom 8 місяців тому
They might not pay duties or regular shipping rate but they pass the savings directly to the consumer instead of keeping them as profit. Meanwhile the local retailer might pay their fair share of taxes but their prices are tripled or more for the same product. We need companies that compete fairly and responsibly and also not gouge the general public.
@krg038 8 місяців тому
Not gouging the public will never happen. Thats corporate rule #1, get as much money as possible.
@dc2guy2 8 місяців тому
Can't have it both ways with Capitalism
@nayemalaboni8318 5 місяців тому
But these products are made from slave labor
@nitinmirpuri3313 4 місяці тому
Not to forget the local retailer has the fixed expense salary rent utilities insurance etc etc
@Pj287. 3 місяці тому
@@nitinmirpuri3313 exactly. There is so much more expense when adding an international warehouse alone.
@lorejune3 7 місяців тому
This video is putting me on two big important decisions in my life. Do I order the smart watch or do I delete the app?? 😂
@matthewlee1482 7 місяців тому
Where is the referral link?
@jct8165 8 місяців тому
Just to think how Americans are helping Chinese economy so directly is beyond me.
@yinyang9109 8 місяців тому
An online shopping platform tha allow the manufacturer set the selling price to sell directly to the consumers without a middle men, genius. It's a win win for everyone.
@rattlecat5968 8 місяців тому
It's not a *"WIN"* for Americans losing jobs (therefore not earning money TO SPEND) as China is manufacturing and selling 50% of the imports coming into this country while *avoiding* paying the tarrifs that protect fair competition from American manufacturing companies and the people who buy bread and butter with their paychecks from working at these American companies.
@luisdiaz8474 8 місяців тому
Well technically temu is the middleman but they do shorten the process of manufacturing, warehousing, distributing, and retailing the products. Temu would literally just be like brokerage for a manufacturing company/companies.
@wisico640 6 місяців тому
Good for everyone but your local economy...
@__-xf3iw 4 місяці тому
Well technically what you are describing is the current State of Ebay and to some extend Amazon. @@luisdiaz8474
@enzhus 3 місяці тому
@@wisico640 My local economy? USA produces none of those!!!
@pbsmlj 4 місяці тому
I literally got 2 temu ads back to back 😂😂😂watching this
@nellienewyork 4 місяці тому
So...in other words...we are getting products worth 200 dollars when in reality the cost 1 dollar to be manufactured....
@dormousecat3947 8 місяців тому
China and the US are like a match made in heaven. A perfect symbiotic relationship. One produce and one consume. Can't we all shake hands and be happy 😊
@ChicKvintageShop 8 місяців тому
I agree with you 100%
@gardeningrelaxation 5 місяців тому
No, because China wants US death. Want to replace US dollar. When that happens, US people will have not much money to buy. Chinese would have all the money.
@itsasecret2474 5 місяців тому
You are mistaken. china doesn't allow you to believe in heaven
@__-xf3iw 4 місяці тому
You mean Excessive Consume and Dirt cheap exploiding production? Are you happy with some Uygur slave-child has to work 7 days a week So you can buy cheap and almost worthless trash which you will most likely throw away after some time?
@xanthusous 9 місяців тому
Every time I see a Temu ad I think of Portlandia's 'Instant Garbage' skit.
@analienfromouterspace 8 місяців тому
That's what is called flash sales, so of those quick ecommerce companies are not for the sake of long term projects, Temu will burn once real competition starts and major countries starting to ban the app, just like Wish which did the same business model as Temu and is not ending well for Wish either.
@FreePizza007 7 місяців тому
Half way through watching this video, I got a Temo ad with a very attractive offer 😂😂😂
@adelez9856 7 місяців тому
Who can help explain a bit? The fact that Temu doesn't pay taxes because of the de minimus shipping law, which is legal, is illegal? Is it legal or illegal?
@daku911 9 місяців тому
The way things are going, Temu may become one the last places where the average person could afford to shop. Stopping it may severely limit what the average person can afford.
@sweetcherry7759 9 місяців тому
My thoughts exactly.
@benjismith593 8 місяців тому
That's why CNBC is snitching , and crying about it. Their advertisers are mad about being exposed. Walmart has been ripping us off for years.
@user-wq4fb7zt8y 7 місяців тому
Yes, Pinduoduo has created a miracle of rapid growth in China, because it is only here that people realize that money is really valuable.
@user-mr8yl2fg9k 6 місяців тому
Gotta keep that liquidity within the motherland homie
@SandcastleDreams 6 місяців тому
Just wait for an EMP to hit. You'll wish you hadn't helped put the local stores out of business! 😊
@tanmeysaraiya4130 8 місяців тому
It just proves that how high the profit margins are for most companies
@beckysam3913 7 місяців тому
not really, because, the chinese government pays for the losses of TEmu, because TEMU is chinese gov company. similar projects by the chinese gov companies are running in south africa as well, with the goal to undermine local, regional african businesses and with success which means many shopowners went bancrupted. its instabilizing local companies. and china attacks now western world, europe and usa as well with same goal, to instabilize economy. its not bargain, you pay with instabilizing and bancruptcy of own economy. temu was located in china but when too many people saw through, they located cooperation in usa as well. its the chinese project to attack western countries and exploiting africa in the end
@Jammog123 7 місяців тому
To be honest i have never been disappointed. I know where its coming from. sizes fit and as described products.
@wingkeeho5864 4 місяці тому
Temu is actually supported by the consumers including those media, politicians and govt who like to buy bargain goods, which is in fact human nature. Temu is capitalizing their business on this human nature.
@doodskie999 9 місяців тому
So Temu is like the Lazada/Shopee for the US While here in Asia, we are just starting to get Amazon.
@Abebil3 9 місяців тому
I wonder if Temu comes to Asia what will the impact be ?
@doodskie999 9 місяців тому
@@Abebil3 nothing really, its basically like ali express lazada.
@mguendumiguel9523 9 місяців тому
everything from temu is VERY VERY FAKE COPY
@jankay8569 9 місяців тому
Downvoted
@markosmataasii2000 9 місяців тому
Amazon will have a tough time to compete with Lazada and Shopee.
@RanDom-Interloper 8 місяців тому
I bought some household items like a wheeled storage bin and a dishsoap pump dispenser. Packaging was awful I was surprised the items were not damaged, but, I am very happy with my purchase and the dispenser was cheaper and better quality than what I could pick up at Walmart or TJ Maxx. Will probably buy more of the same because of those reasons. No I wouldn't buy clothing or electronics from Temu, but plastic household items, absolutely.
@ychongy 8 місяців тому
Oh you would be surprised of the surprised 😂
@sortasurvival5482 8 місяців тому
As long as its not food storage or baby items or pet items. Hell ya. But woth lax regulation, there could be toxins in the plastics. Laundry hampers and toilet cleaner. Ya go for it.
@dropshipincanada 8 місяців тому
you think they have FDA in china? there probably using super cheap toxic chemicals to create those items. If you buy from a famous u.s brand i doubt they will ruin there brand by using toxic chemicals atleast your getting something somewhat safe or can even sue the company if they use illegal chemicals to make it.
@haystack1 8 місяців тому
Apart from the plastic things, I bought lots of smart switches, USB switches etc and they work very well. Later I did find the same thing on Amazon, it's more than 50% cheaper
@pcs9518 8 місяців тому
The clothing items aren’t anything worse than what you get at Walmart
@DrCasper. 4 місяці тому
I dnt see anything out of ordinary, its jst agressive and clever business and marketting. Every company n every country does the same. Wait, let me download temu n check for myself, thanx for the heads up
@HekkingDaan 6 місяців тому
It sounds like you got the mic purchased from there as well...
@benitzers8858 9 місяців тому
it's like saying no to products from china due to human rights concerns, but then being totally fine with moving to a place like viétnam,indía where human rights aren't a big deal, to keep making the exact same thing. 🌍🏭
@benitzers8858 9 місяців тому
.
@MartinNew14 9 місяців тому
true
@d1p70 9 місяців тому
lol typical american ignorance. are you seriously comparing china to democracies like vietnam or india?! or do you think all third world countries outside the west have poor human rights? hilarious coming from the usa where your biggest company amazon forces its workers to slave in warehouses and pee in bottles!
@sweetcherry7759 9 місяців тому
You make a very sad depressing but fair point. 🤔😓
@kevo212 9 місяців тому
as we all view this from our American made iPhones
@DanielBParada 9 місяців тому
Waiting for the reupload lmao the audio is scuffed
@silenc3x 7 місяців тому
This video's audio sounds like it was recorded on a beat up iPhone 4s in the stall of a midwestern community college bathroom.
@fishjohn014 6 місяців тому
Bahahahaha
@darlayjones669 7 місяців тому
In other words, if you can't beat them, accuse them of all kinds of violations, abuses and crimes. 😂😂😂
@RanDom-Interloper 8 місяців тому
Critics like to say Temu products are cheap because they are low quality, and a lot probably are. But what they don't want to admit is that many of the products on Temu have no equivalent versions ANYWHERE ELSE in the US. I go to Temu for the unique and creative selection, not the price which will probably rise higher after the teaser stage.
@susiex6669 8 місяців тому
Exactly. The good times and cheap prices arent going to last forever so Im stocking up on the essentials that I know Im going to need down the road like; party/cake decorations, gardening supplies, first aid equipment (splints, etc.) and so on because I refuse to be gouged by local corporations.
@sboinkthelegday3892 8 місяців тому
In actual capitalism, a price point is a reliable narrator of the item's worth. Not so in petrodollar fantasy lands, where everyone wants "a bargain": free lunch. Essentially legal loopholes to allow stealing when others pay the price. And have the backbone to cry that it's jsut "fair" to get the "market" price in their fixed gamble market. Exploitation yesterday justifies the same range of prices today, and forever.
@martianleader1 8 місяців тому
Me too. I got this unique dead hanging Halloween rat.
@susiex6669 8 місяців тому
@@sboinkthelegday3892 Have you ever been on Temu, 🤡? Just like a grocery store chain, some items are cheap and others are not to offset the cost of selling those cheaper items. Its up to the consumer to be savy and decide what best to spend their money on. Clothes for me on Temu is hit or miss, but for house stuff, they are great because they have items Ive never seen on sale in my city. I like the variety in their storage items. I live in an apartment so that comes handy. You dont like it, dont shop there. End of problem.
@janeblogs324 8 місяців тому
You are going to be blown away when you see the diverse selection from Japan
@perropulgoso3351 8 місяців тому
Temu is giving Amazon and eBay a run for their money.
@isthattrue1083 8 місяців тому
no
@princemedard2709 7 місяців тому
@@isthattrue1083 No what? explain you point of view.
@budgetking2591 4 місяці тому
lol
@swaggod226 3 місяці тому
No way temu is all cheaper Chinese stuff. Amazon eBay deals with big box names and branded products
@moneymoney12 8 місяців тому
China only charges 50 cents per 60 pounds of goods. Again, 50 cents per 60 lbs. So a company can have 1 box that weighs 60 pounds or a bunch of smaller packages together to total 60 pounds. Yes, the US does subsidize this because we have a common goal of the mail system working for everyone to mail
@JamilKhan-hk1wl 3 місяці тому
Audio quality feels like it was recorded off an very old laptop
@ohiorichkidbeats 9 місяців тому
Consumers dont give f*** about tariffs, we been getting overcharged from America companies,so we don't give a f' we appreciate Temu..4real
@youtubesucks8024 9 місяців тому
Word
@tjchrist4264 9 місяців тому
It's okay for us to make 💩 wages, while our companies and CEO's make bank. If we don't get off our a$$es and push/vote for these things to stop. It will continue.
@Mediation456 9 місяців тому
😂😂😂😂😂😂❤
@AdeleiTeillana 9 місяців тому
Ah, yes, overcharged by those American companies who have to do things like pay living wages to their workers. Screw that! It's so much better to funnel our money into China so that short-term we can save money. Who cares what happens long-term?!
@jobunaga4178 9 місяців тому
you're ignorant because allowing a company to skirt tariffs and run domestic business out of operation will only lead to your getting poorer.
@aikanae1 9 місяців тому
Most people recognize that anything free or too cheap, is making money off your data. Unlike the pharmacy or bank, at least we're getting something. The USA needs data protection laws, drafted by privacy advocates and not big business. Ha. Until then, nothing is better.
@ahmedshahab4105 9 місяців тому
As if American companies are angels and wont steal your data. Cmon.
@Collinsv8 9 місяців тому
Although I do think more people are becoming aware of "if its free you are the product" business model. It's still not widely known among the large majority or they have general apathy towards their data.
@someoneridesmountainbikes2355 9 місяців тому
You really reckon your personal data worth that much?? I mean personal data is personal and is of a lot of money but apparently not that much in this case like say $10 for data from only one customer. Only data from tens of thousands customers would make sense. Clearly what you are claiming doesn't apply in this case
@MrNiceGuy500 9 місяців тому
Yea they sell your banking info on the black market
@nickns732 9 місяців тому
@@Collinsv8 That was maybe relevant 5-10 years ago. Even your paid subscriptions are selling your data now.
@cindypownall6947 3 місяці тому
Lol got ads for Temu while watching this
@bagusdwi6215 3 місяці тому
Why is this audio quality sounds really bad? Do you bought microphone from temu?
@Faroesx 9 місяців тому
“To most people on the street, it just looks like an Apple Watch.” The LAST reason I bought my Apple Watch was because of what other people thought. I bought it for its functionality. I couldn’t care any less as to what it looks like.
@BMWROYAL 9 місяців тому
Fr lol, Apple Watches can be as cheap at $150, it’s not really a fashion statement or a bragging right. What matters is the function of the watch
@sew_gal7340 9 місяців тому
For a lot of people it IS a bragging right, and they love to show off how "wealthy" they are. It's just the world we live in, the poorer you are the more you want to convince others that you aren't
@EvilestMinion 9 місяців тому
It has less function than a majority of other premium smart watches on the market. I still don't think it even has a swipe keyboard to type normally like on every other device.
@Avantime 9 місяців тому
If you have an Android phone, most of the Apple Watch's features are useless because they don't mesh well. If I want a watch that looks expensive as a conversation piece, I'll get a $400 Chinese Tourbillon mechanical watch. Plus a small fitness band.
@AznPrzsn 9 місяців тому
That's weird since Apple devices have the lowest cost-effectiveness of tech out there. They're overly expensive with lack of functions that cheaper devices have. Hence the common thought process is that people must buy an inferior product only because it's popular.
@nickadams7775 9 місяців тому
"Give me a paid news story that's really just a Temu ad without telling me it's a Temu ad"
@amber1924 4 місяці тому
Have there been investigations into where 'major brands' have their products made vs. (insert name here - Temu/Shein/etc)?
@Josh-hv5ni 2 місяці тому
“So what is temu doing with your data? Well anyway we bought a watch and thought the box was nice”
@Elc22 9 місяців тому
So... Temu is just Wish, but with a better marketing budget and more modern UX... I had a feeling this was the case.
@detorreonpla3424 6 місяців тому
Exactly. How is different than Wish or Shein
@youtubedeletedmyaccountlma2263 5 місяців тому
"modern" UX. Wut lol
@Maddin1313 8 місяців тому
I don't understand how anyone can buy this landfill stuffing more than once.
@KC-vx7gj 4 місяці тому
You don’t understand a lot of things of this world; and yet the world functions with or without you
@GabrielaMendoza-bu2tk 6 місяців тому
The issue is is that every brand is selling the same stuff that temu and shein are selling but like 3x the actual cost. Most people who use the app probably dont support the slave labor but when we go on amazon, ebay, and etsy to find alternatives there arent any its the same cheap crap that theyre selling on these chinese websites. So why wouldnt i save money and just buy directly off them ?
@isoldel9313 5 місяців тому
😂no slave labor in the world is able to make this quantity of goods for the entire world... Chinese domestic market is even bigger itself, the price is not even super low on temu... they are able to make those products cheap because they have the entire supply chain system of all raw materials, cheap energy cost from Russia, and they make huge quantity because the size of the market, the labor itself isn't cheap there.
@ganeshdore 4 місяці тому
I bought $200 worth in 2023. I think my purchase from Temu will be around $60 in 2024. Temu returns policy is excellent for now.
@culturalfusion 9 місяців тому
Just make sure you use a separate card for purchases so that Shanghai doesn't get your real card information. 😉😉🤣🤣
@TENNSUMITSUMA 9 місяців тому
...or payapal!
@johnnyw6467 9 місяців тому
Oh please, your country do not fare any better
@culturalfusion 9 місяців тому
@@johnnyw6467 My country, the United States of America, has rule of law. In other words...misuse of financial data will land you in jail and huge fines. China just says "Steal it from the west". Huge difference.
@jobunaga4178 9 місяців тому
whenever a piece critical of china is published, the army of CCCP propaganda bots come out in force.
@rangerannie5636 8 місяців тому
I use PayPal too.
@primecash144 9 місяців тому
We are sheep 😢😂😂
@peekaboopeekaboo1165 9 місяців тому
Not really. Freedom of choice.
@Bokoyo 7 місяців тому
West has banned Huawei to save apple’s a** now they have the same headache to save Amazon 😂
@mrm1885 3 місяці тому
We used to have the same in Sweden but it was geting out of control to many packages. now we charge the sales tax directly on the Chinese platform they then pay it to our country. This way the customs and import is still easy and fair for everyone.
@lilaclizard4504 3 місяці тому
exactly the same thing in Australia, not rocket science is it! Simply make the companies pay the sales tax (in our case 10% on everything) on their total sales & they'll figure out how to set up their site to bill consumers for it :). Interesting long term outcome of that & the pandemic & shipping delays & national pride & care for each other has been a lot of small scale sellers setting up in Australia & now being legitimately able to compete with the overseas sellers on price. Normally marginally higher, due to higher postage rates here, but more than worth paying when considering the faster delivery time & also better consumer guarantees in the case of faults with the product or any other issues
@saltsugar1641 8 місяців тому
The U.S. NEVER mentioned anything about the EXTREMELY HIGH profits made by the American importers, wholesalers, and retailers through global sourcing. Temu's advantage doesn't rely on labor cost or tariff, which won't make that much difference from other type of international trading. The real savings come from somewhere in-between. For instance, a shoe at FOB $3.00 turns out to be $9.99 on the shoe racks of discount stores, or even $15.00 in the department store. Where did that $6.99/$12.00 go ? The retailer's cost is usually only half of the selling price. In-between, the additional charge goes to American importers and wholesalers. China has only earned the smallest fraction of the whole chain, as the Amercian buyers are over-too-good at "killing" the price. It is the U.S. importers, wholesalers, and retailers who have grown their EXTREMELY HIGH profits ever since outsourcing in China. As people of God, it's really a shame for being a burglar while pointing China as a thief.
@HH-le1vi 8 місяців тому
Temu loses money. They sell overstock trash that can't get sold in mainland China or to other companies.
@C-jnsd14e 8 місяців тому
Yeah - I guess when you have to pay employees an actual wage, pay for full price postage and real taxes its considered "extremely high profits". The 50 cent army is waiting for you, wumao.
@billmoyer3254 8 місяців тому
OK Hop Sing
@VintageToiletsRock 8 місяців тому
Are you a large language model?
@abinjoseph9808 8 місяців тому
this is stupid, they provided local job and was part of next gen capitalsm move, temu is a bad bussiness model for usa
@AwokenEntertainment 8 місяців тому
it's mind-blowing to me how cheap they can get some of these products..
@abendroid 4 місяці тому
Xinjiang is an excuse to say ’Please buy from Amazon’
@PC_1112 7 місяців тому
Not the TEMU add poping up😂😂😂
@Sceptic850 9 місяців тому
When you can't beat them fair and square, ban them
@Renatofsa355 9 місяців тому
it is called free market 🤣
@von8295 9 місяців тому
😁🤣😂😂👏👏👏👏👏👏👏
@peekaboopeekaboo1165 9 місяців тому
@@NotOnlyLiveOnce Not really. PRC gave conditions for operating inside their country ... But Fb, Google, etc... failed or refused to comply. Everyone knows U.$. government has unwritten policy of overthrowing the CPC by whatever means possible !
@weihonglee5330 9 місяців тому
@@NotOnlyLiveOnce China didn't ban them, China just put a big beautiful wall around internet , some people and officials from China use Facebook and Twitter ,UKposts, with VPN. If they comply the Chinese government's rules like Chinese companies do ,then they can operate in China,but probably lose international markets and face huge backlash from their own governments . its pretty genius for tiktok and temu set up two versions for each markets .
@jackli6592 9 місяців тому
@@NotOnlyLiveOnce when we reserve ourselves to china, we already lost. just like someone said "Hitler did it" doesnt make it right to do it.
@alexidornigie4599 8 місяців тому
Let's get this thing straight. First, you must understand that - people are always interested in deals. For example, no average shopper will reject a discount offer that enables them to buy 2 solid shoes for the price of 1. It's really that simple.
@willus259 7 місяців тому
I don't disagree, but the way you worded your statement made it seem like you had more than just one thing to say lol
@alexidornigie4599 7 місяців тому
Oh yes... .. Lol Lol@@willus259
@alexidornigie4599 7 місяців тому
Exactly!@@mmecharlotte
@Picla_Peremohy 6 місяців тому
Not entirely correct. No average “uneducated” shopper… Smart shoppers buy on need, quality, and durability. For example, the uneducated shopper buys a pair of $40 shoes based on price. Less than 4 months later, defective workmanship or materials render the shoes unwearable. They were cheap so I’ll just get another pair and spends another $40. Now, cash outlay is $80 plus additional shipping and handling, let’s say $10 per order making total outlay $100 for the two pairs. Then, they might repeat the process one more time for another $40+10=$50. Total outlay is now up to $150 for the shoes over the first year. The educated shopper might bypass the $40 shoes and spend $100 for a better quality shoe. Outlay $110, assuming the same $10 S&H. These shoes last 2 years without needing replacement. Averaged out, these shoes actually on cost the buyer $55 for the single first year as opposed to the uneducated expenditure of $150 over the same period. So, the uneducated, price-based shopper is spending $95 more for the poorer quality shoes than the educated shopper. This will almost climb to $190 more if buying habit continues for an equal two-year period. Oh, inside secret, the profit, to a large degree, is hidden in the S&H, not the product itself.
@alexidornigie4599 6 місяців тому
Jim, there are more average shoppers willing to grab a deal than those who understands quality. Temu (in this case) is leveraging on the strength of average shoppers and not those looking for extra quality. As a matter of fact, you will find 10 average shoppers before you will come across 1 shopper who understands quality. It's human nature embedded in business science. I do e-commerce, so, I know exactly what I'm talking about. People are everywhere looking for deals. And, trust me, they will grab it (first) before seeing the wrong. I totally understand your point. Which simply means - "penny wise pound foolish". However, you can't chase average shoppers away from making that mistake. As a business, your concern is to sell; not to correct shoppers reasoning. If they want original / quality, they know where to go. @@Picla_Peremohy
@jasons5916 6 місяців тому
De minubus imports are the only way to avoid paying sales taxes on online purchases (unless the store is in Oregon) now that every state has sunk their teeth into that market. It's good for buying stuff from Europe when you can get ex. VAT because you basically get European goods at a 20% discount. I don't see how they could profitably lower it to catch cheap goods from China because charging ~4% import duties on $5 packages from China is not worth the time of a Customs agent to check the package and collect the duty.
@hliu396 3 місяці тому
Just placed my first Temu order after watching this CNBC report
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