With more than 51 million monthly active users in the United States, the Chinese e-commerce outlet Temu has expanded significantly in recent years thanks to its huge selection of cheap goods. This video looks at the platform’s low-price strategy and how it’s winning customers the world over in spite of reports of poor quality products and possible ethical issues.
Questions:
- Why do you think Temu’s business model is appealing to customers?
- Which e-commerce strategy do you think is most effective at winning over consumers: Temu’s low prices or Amazon’s quick shipping?