๐จBreaking: #Amazon to Launch Temu-Like Storefront in the U.S. ๐บ๐ธ
In a meeting with Chinese sellers, Amazon revealed plans to launch a Temu-like discount store on its U.S. marketplace.
The main difference to Amazon's existing online store?
ยป ๐ข๐ฟ๐ฑ๐ฒ๐ฟ๐ ๐๐ถ๐น๐น ๐๐ต๐ถ๐ฝ ๐ฑ๐ถ๐ฟ๐ฒ๐ฐ๐๐น๐ ๐๐ผ ๐ฐ๐ผ๐ป๐๐๐บ๐ฒ๐ฟ๐ ๐ณ๐ฟ๐ผ๐บ ๐๐ฎ๐ฟ๐ฒ๐ต๐ผ๐๐๐ฒ๐ ๐ถ๐ป ๐๐ต๐ถ๐ป๐ฎ.
Which means that shipping speeds won't compare to Prime and could take anywhere between 9 and 11 days.
But in exchange, shoppers can expect much higher discounts.
The move directly responds to rival offers from Temu and Shein, who have gained significant traction among price-sensitive customers in recent years.
The new discount store is expected to open in fall 2024, right before the peak holiday season.
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What do you think? Is a Temu-like store the right move for Amazon?
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