Amazon takes on Shein and Temu

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Amazon is launching a new discount service to compete with Shein and Temu #businessnews #news #business #tech
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This will decimate all the dropshippers that were already on their platform reselling that same stuff with an insane mark up.

Jose
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Funny thing is Amazon has been selling cheap Chinese things on their site for years now but it’s been grossly overpriced.

ifeelsoalive
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Jokes on Amazon. 90% of their products are dropshipped from Temu and Aliexpress already.

Haywoodjiblowmie
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I had an item sold by Amazon where there was a price increase three days after I placed the order. After more than 30 days the item still hadn't shipped. I then called customer support several times over the next two weeks. I finally told the representative that I bet that if I ordered another one at the higher price that I would receive it, and if I did then I'd be filing a formal complaint with the FTC.

I received the second order for the item in two days as promised. I called customer service and told them I knew I was right all along and that the item was not "out of stock" as they claimed. The original order was delivered two days later.

gaiustacitus
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They are losing money on every purchase. Think someone did that in the past. Oh wait, it was amazon.

AdamMPick
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Amazon can add their special magic to it by telling you your package will arrive tomorrow and then sending the hah Just kidding notice.

minnesotasteve
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Informative and entertaining keep up the good work 👍

mack-uvgn
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Let's tighten that loophole honestly

joeym
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Temu just steals photos and products from American businesses and small shops like on Etsy. And Temu completely refuses to enforce the copyright claims

Blackrew
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Macy and Megan killing it as usual 🔥
Informative and entertaining content!

LunarDefender
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Just so everyone knows, the reason all of this is so cheap is because of slavery.

alexandragrace
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This is my absolute favorite infotainment channel.

tommydowning
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True story: the next short after this one was a god damn temu ad, I’m dying

KoraOSRS
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I don’t think that’s going to perform well for Amazon - they’ve made such a big name off 2 day delivery. Offering the complete opposite is going to confuse some customers

Blorbo_Collector
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Wish: This was literally our business model before Temu and Shein spent more on marketing than us.
(I worked for Wish)

throwback
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The fact that our economy is as the point where dollar stores is the only way for entire communities to afford things mean we are in a bad place and don’t want to admit it. People are taking on more debt and the K Shaped economy and cheap entertainment is keeping us from seeing how bad this bubble is. We’re going to look back at this time in a few years and see it the same way we see ‘08 now. Writing was on the wall but we didn’t want to look.

T____W____
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U hit the nail on the head. Would you prefer buying cheap shit made in China from an American retailer or a fraction of the cost from a Chinese one?

zax
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Shein and Temu recieve heavy subsidies from the CCP that cover their shipping. Also China is technically a 'developing country' according to the IMF so they get trade benefits from that as well

ElstonGunnII
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I fucking love her delivery at the end 😂😂

awakenthechosen
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The dropshippers are already selling on Amazon...

tillymint