The Future Of Online Shopping | CNBC Marathon

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  • čas přidán 9. 06. 2024
  • CNBC Marathon explores how companies like Amazon, Walmart and their competitors are shifting their marketing and business strategies to compete in today’s economy.
    Quietly launching its app in September 2022, it only took Temu 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.
    Walmart employs more people than any other company in the world and is the country’s largest grocer. But when it comes to e-commerce, Amazon is the clear leader, with 39.5% of the market share compared to Walmart’s 7%. Now Walmart has ambitious new plans, and new leadership, to try and catch up.
    Livestream shopping took China by storm during the pandemic, growing into an estimated $423 billion market in 2022. The trend has caught on more slowly in the U.S., but now Amazon, TikTok, CZcams and Shopify are making big investments in hopes it takes off. CNBC goes behind the scenes with creators like Myriam Sandler to find out what it’s like to sell via livestream, and what it’ll take for the emerging model to become a mainstream way that U.S. consumers shop.
    Chapters:
    00:00 Introduction
    00:37 How Temu Makes Money From $10 Smartwatches from China (Published August 2023)
    16:57 How Walmart Is Betting Big On Stores To Catch Amazon In E-commerce (Published June 2022)
    34:26 Will Live Shopping On TikTok, Amazon And CZcams Take Off In The U.S.? (Published February 2023)
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    The Future Of Online Shopping | CNBC Marathon

Komentáře • 973

  • @thevishalln
    @thevishalln Před 4 měsíci +222

    This is one more Ad for Temu for free

    • @parksoo-kim6908
      @parksoo-kim6908 Před 4 měsíci +11

      Temu clearly paid CNBC for this promo.

    • @njnikusha
      @njnikusha Před 3 měsíci +3

      And its working 😂

    • @jamesluvsjam5796
      @jamesluvsjam5796 Před 3 měsíci +6

      I'm downloading Temu now 😂

    • @MauriceB-zn5pv
      @MauriceB-zn5pv Před 3 měsíci

      Temu is losing a lot of money. It isn't sustainable...unless its a government expenditure by the Chinese government to disrupt the US economy.

    • @bessycorrales6405
      @bessycorrales6405 Před 3 měsíci +2

      How do you propose they educate people about the company? People that care will appreciate the information, and hopefully spread the word and educate.

  • @jonrichcorpuz2380
    @jonrichcorpuz2380 Před 4 měsíci +245

    lol CNBC is giving TEMU free advertisement smh

    • @conscious_code
      @conscious_code Před 4 měsíci +17

      Free advertisement when they clearly are saying the app could be gathering data on you? If you are dumb enough to use the app after this story, you deserve to have your data given away

    • @Noo-Family987
      @Noo-Family987 Před 4 měsíci +1

      Haw long you spent to watch the video man? Be patience

    • @conscious_code
      @conscious_code Před 4 měsíci

      Did you reply to wrong person? I watched the whole video. "Haw long you spent watch the video" @@Noo-Family987

    • @thomaskim5008
      @thomaskim5008 Před 4 měsíci +21

      ⁠@@conscious_codeNot like American retailers like Amazon, Costco, and Walmart are not gathering data about you.

    • @giuseppeverdi8284
      @giuseppeverdi8284 Před 4 měsíci

      @@conscious_codeAmazon gets my data and i aint even saying money

  • @haitemasd79
    @haitemasd79 Před 4 měsíci +155

    As a consumer, I'm primarily concerned with getting the best value for my money. I'm not particularly interested in whether Amazon or Walmart makes a profit or becomes wealthier. What matters most to me is finding affordable products that meet my needs, and if Temu can offer similar quality goods at lower prices, then that's where I'll shop.

    • @FrancJ5793
      @FrancJ5793 Před 4 měsíci

      Exactly, you have no problem buying things from a country that violates human rights on a daily basis because they're cheaper. Congrats, you're the average consumer with no sense of morale.

    • @Omniverse0
      @Omniverse0 Před 4 měsíci +41

      Don't let anything stop you from saving a buck, not even child labor.

    • @FAWP00
      @FAWP00 Před 4 měsíci +30

      ​@@Omniverse0like Walmart and and Amazon don't do that as well. Lol

    • @thedude5040
      @thedude5040 Před 4 měsíci +3

      Eeww a poor person talking about TEMU

    • @domp639
      @domp639 Před 4 měsíci +14

      So you are ok with supporting slavery and allow Chinese businesses that aren’t fallowing the same law has American one.

  • @brianh9358
    @brianh9358 Před 4 měsíci +294

    I personally think that Amazon and other large retailers need to be broken up into smaller companies. I stopped buying from Amazon last year because the quality of things I bought online from them had gotten so bad. I now order things for pickup from local stores. It is probably initially costing me more, but I am able to check the quality quickly and return or exchange things immediately. I also know that the money I am spending at least partially is helping people locally.

    • @ajdz1840
      @ajdz1840 Před 4 měsíci +24

      I find Amazon has excellent product leaders in any category you care to imagine. Stick to them and you will get good value and quality

    • @brianh9358
      @brianh9358 Před 4 měsíci

      @@ajdz1840 Oh, they have a lot of variety - but I question the value and quality. I have bought a lot of things from Amazon in the past but the quality has steadily declined.
      I could go through all of the purchases I made during the last two years and tell you one by one why they were failures but I don't think that is necessary. Oh, and all of the items would have good reviews - but again I think a lot of reviews are fake. Ultimately I think Amazon is a scourge on society - just like many large corporations.

    • @Chicago48
      @Chicago48 Před 4 měsíci +2

      AGREE.

    • @ElizeNicole101
      @ElizeNicole101 Před 4 měsíci +12

      I agree, the quality is not the same as when it first hit the scene.

    • @forgingstrength6119
      @forgingstrength6119 Před 4 měsíci +14

      Agreed. The quality is awful, and you can't be garunteed you are getting a certain brand even if you think you are ordering from them. And forget ordering clothes from them.

  • @wumingkkk
    @wumingkkk Před 4 měsíci +185

    Companies are punished for doing the right thing. Workers who work hard are punished by giving them more work. This world is getting ridiculous!

    • @user-zu3md5qz8y
      @user-zu3md5qz8y Před 4 měsíci +1

      WE ARE BEHIND IN THE AFTER LIFE AND WE ARE BEHIND IN HEAVEN

    • @Devilishlybenevolent
      @Devilishlybenevolent Před 4 měsíci +9

      Companies doing the right thing.. LMAO how naive.
      I guess you conveniently forgot when companies fought tooth and nail to fight against paying taxes on online shopping. Give me a break fool, companies will only do something if they're forced to.

    • @seymorefact4333
      @seymorefact4333 Před 4 měsíci

      😎😎 THE USA DEEP STATE, AMAZON, GOOGLE, FB, TWITTER, ETC ALL HAVE OUR INFO. SINCE BIRTH! and they will convict us if we tell the truth like Julian Assange! China can't throw us in prison! Our own govt can!

    • @anthonyf3137
      @anthonyf3137 Před 4 měsíci +5

      Why the hell would they want to pay taxes that go to wasteful government spending. Government the biggest business of them all is the most inefficient of them all

    • @biggtastee2401
      @biggtastee2401 Před 4 měsíci +1

      It's not getting ridiculous...it IS ridiculous!

  • @jer103
    @jer103 Před 4 měsíci +15

    #1 thing to take from this is: huge companies will always find and use loopholes to grow big
    Temu doesn't pay tariffs on goods that are less than $800.
    Amazon writes off their infrastructure and warehouses under specific laws written in their favor to pay very little taxes.

    • @gonzalopozzo8546
      @gonzalopozzo8546 Před 3 měsíci +2

      ACtually, Temu is not using a loophole. Minimis law are something that exist (and varies) in every country... it just so happen to be very high in the US making it cheaper for products under 800usd to crossborder. It´s like buying in a place where you know you won´t be paying taxes... are you using a loophole? no, you just doing something smart!

  • @KeremyJato
    @KeremyJato Před 4 měsíci +38

    The audio quality on this is killing me. And the editing choices are really strange - the TV static transitions between short clips doesn't work for me

  • @NotSureNotSureNotSure
    @NotSureNotSureNotSure Před 4 měsíci +47

    They need to expand on what Temu does with user data. Especially that it's parent company was caught with malware accessing Android phones' other apps' data and personal messages.

    • @AFineWar
      @AFineWar Před 4 měsíci +2

      I've tried to find this claim coming from a reputable source. Do you have any?

    • @jphappy5300
      @jphappy5300 Před 4 měsíci +8

      They also need to ask the same questions with Facebook Marketplace, Amazon , Shein ..etc because all of them using US consumer's data for different purpose, mostly about consumer algorithm. Not only Temu in this case. American don't want to make "cheap stuffs" as they said and blame China for losing e-commerce market to a young company. Well well...

    • @mteevie1609
      @mteevie1609 Před 4 měsíci +2

      These are the same people that post their life on Facebook and buy from Amazon.

  • @betz6507
    @betz6507 Před 4 měsíci +18

    Temu shows the huge markups and profits the go-between companies and governments make on everything coming from overseas.

  • @hiyasam
    @hiyasam Před 4 měsíci +76

    All this greed makes me scared and depressed for some reason. It just seems so wrong

    • @bunnyking8096
      @bunnyking8096 Před 4 měsíci +8

      What greed? They're literally selling at a net loss

    • @chanceobondo3843
      @chanceobondo3843 Před 4 měsíci +2

      you clearly don't know how business works

    • @bunnyking8096
      @bunnyking8096 Před 4 měsíci

      @@chanceobondo3843 clearly you have no idea how growth companies work. Even amazon was making losses every year until recently so they can grow revenues and acquire customers.

    • @glow1815
      @glow1815 Před 4 měsíci +4

      Greed???? That's almost FREE lol

    • @omphiledirero5622
      @omphiledirero5622 Před 4 měsíci +2

      It is...their stuff is too cheap!!

  • @mjo8856
    @mjo8856 Před 4 měsíci +10

    I never even heard of live shopping until this video. Wow....

  • @iHeartKryptoCoins
    @iHeartKryptoCoins Před 4 měsíci +21

    I missed Kmart and Sears!

    • @tubeyou89119
      @tubeyou89119 Před 3 měsíci +1

      You are joking. There was a good reason they bankrupted. 😂

    • @alainportant6412
      @alainportant6412 Před měsícem

      @@tubeyou89119 because blacks kept strealing

  • @TheMH1001
    @TheMH1001 Před 4 měsíci +34

    I found Temu on my own and not by advertising. For the prices they offer their items you get more than you bargain for in quality. I have ordered household items, clothing, jewelry, electronics, shoes & hardware. Was I 100% satisfied with every item, no I wasn't. However, I was happy about 95%. Yes, they maybe using lower quality electronics parts but they work well and prove to me that name brand companies are way overpriced. Especially when the pandemic happened and they arbitrarily raised prices for no other reason than they felt they could try hiding it behind pandemic. Instead of helping by either maintaining their current prices or by even lowering their prices and choosing to forego those large bonuses. Temu is probably as "safe" as the companies in our own country with data.

  • @pamelacupcakes4539
    @pamelacupcakes4539 Před 4 měsíci +22

    As an Australian i can tell you Amazon here in Australia is cheaper then our supermarkets but its their postage that makes people buy from them 1 to 2 day delivery is crazy where i live as most of the online stores here in Australia takes over a week and a half to get to you even 2 weeks some times and yet stuff coming overseas takes quicker. So while walmart may be trying to take on Amazon it still don't deliver world wide hence amazon is bigger and better for us outside of the USA.

    • @marlstravelogue
      @marlstravelogue Před měsícem

      In Southeast Asia Lazada and Shoppee you dont need Prime membership to get two days shipping, most products here are delivered either the next day or in 2 days. Only those from Chinese sellers that it takes weeks.

  • @user-cv4jd7mc2s
    @user-cv4jd7mc2s Před 4 měsíci +21

    This feels like a video paid by Amazon to tell people to stop using temu and go back to Amazon

    • @yummm8775
      @yummm8775 Před 4 měsíci +2

      Chinese controlled TEMU is like installing a spy app on your phone.

    • @hpotter2954
      @hpotter2954 Před 3 měsíci

      @@yummm8775 Like TikTok

    • @superkd7030
      @superkd7030 Před 3 měsíci

      And putting an American controlled app isn't? Why do you think the American government is going after these companies? Cause they can't spy on you with them, of course, they have been caught coin that many times now.

    • @CTOInformation
      @CTOInformation Před 2 měsíci

      LOL get some coke brah @@yummm8775

    • @seanxilong5205
      @seanxilong5205 Před 4 dny

      U really think u r a valuable target to spy on?

  • @81redddd
    @81redddd Před 4 měsíci +16

    I also noticed that temu likes to falsely advertise their prices 🤔

  • @on-site4094
    @on-site4094 Před 4 měsíci +45

    The only store I prefer is Costco

    • @anttycoon
      @anttycoon Před 3 měsíci +1

      But does Costco sells Israeli dates where blood comes out of it when you bite a date

    • @jarthur5094
      @jarthur5094 Před 2 měsíci

      Yes! The only retailer that’s USA, big and with actual conscience.

  • @miguelguzman8207
    @miguelguzman8207 Před 4 měsíci +6

    Wow! I’m watching this from a south American country and can’t believe the current differences between us and them. We have a lot to learn, but this competition is insane.

  • @mikedennington8856
    @mikedennington8856 Před 4 měsíci +18

    I bought 3 items over the last 2 years on Walmart...DREADFUL EXPERIANCE....all were faulty, parts missing and one just disappeared....NEVER AGAIN with Walmart.

    • @gllyflower
      @gllyflower Před 6 dny

      Agreed. I got there sometimes to see if I can find something unavailable elsewhere...it's a mess. Most of the third party sellers charge outrageous prices and it's not a user-friendly interface. The execs here interviewed are on some other planet.

  • @diswaydatway3693
    @diswaydatway3693 Před 4 měsíci +11

    You guys had a story asking why is hard for Americans to save money? Well , online shopping is part of the problem! There's nothing wrong with it, I just believe it's too overwhelming. It's easy and simple for ppl to buy things they really do not need. It's a convenient form to shop but the negativepart of it is.... it's addicting to some.

    • @JonnyBeoulve
      @JonnyBeoulve Před 3 měsíci

      Agreed. People are more short sighted than ever and everything around us preys on that lack of wisdom. Just look at all the poor people wearing Jordans and new clothes every month. I make well over 6 figures and rarely buy new clothing because I'm too busy investing for the future.

  • @felizkk
    @felizkk Před 4 měsíci +9

    So humans will be glued to the screen even more

  • @avilesandres
    @avilesandres Před 4 měsíci +38

    Everything from amazon also comes from china, on temu the same thing is cheaper, I wish I knew about temu before, I would've saved a ton

    • @thedude5040
      @thedude5040 Před 4 měsíci +2

      Gross.. more poor people talking about TEMU

    • @avilesandres
      @avilesandres Před 4 měsíci +9

      @@thedude5040 I also buy a lot from amazon. I am not poor, and even if I were, everyone is worthy of respect. What's really gross is classism and attacking people for no reason

    • @NotLikeUs869
      @NotLikeUs869 Před 4 měsíci +5

      @@thedude5040this your third time making the same comment under a different comment thread. How much more cringe can you get? Try hard.

    • @thedude5040
      @thedude5040 Před 4 měsíci

      @guesswhosgoing2jail2nite78 it's gross people import trash from China just to throw away within 6months. TEMU = tortured and enslaved Muslims

    • @thedude5040
      @thedude5040 Před 4 měsíci

      @@NotLikeUs869 TEMU = tortured and enslaved Muslims

  • @totoroben
    @totoroben Před 4 měsíci +21

    Walmart playing catch-up with Amazon: any brick and mortar will have a tough value proposition if they do not deliver. I have shopped Walmart online before only to find there are many more restrictions on what they will ship vs pickup at the store. Walmart isn't a very nice place to visit. I'd rather get things delivered to my house. Same with target and home Depot, if I can find a product elsewhere for the same price, delivered to my doorstep, more than likely I will choose that option over going to a big box store. The only thing brick and mortar can offer over online is some kind of in store experience, but if you're just there to get some toothpaste, online is the way to go, unless you can hook it onto a weekly grocery trip

    • @pandadimsumtruck3757
      @pandadimsumtruck3757 Před 2 měsíci

      Years ago I bought online at Walmart which says I can return at any Walmart store. Went to the store with full documentation and the store would not accept it. This happened TWICE. Back then the Walmart motto was "returns are easy". Note on the main Walmart webpage "returns policy" is nowhere to be seen ...Beware !!! haven't bought online since then -- unless I knew will not return item...

    • @gllyflower
      @gllyflower Před 6 dny

      Target has found a much better balance.

  • @YOQishere
    @YOQishere Před 4 měsíci +85

    Hard to watch, the narrators / voice over audio is so thin, harsh ear piercing sounding. Did it from a cell phone in her bathroom? million dollar company with potato audio. come on man.

    • @roxcyn
      @roxcyn Před 4 měsíci +11

      Yes, she's right up on that mic. I had to turn down the volume.

    • @Fungii001
      @Fungii001 Před 4 měsíci

      I think she just has a terrible voice. Just find a narrator with a softer, more pleasant voice please!

    • @John.Flower.Productions
      @John.Flower.Productions Před 4 měsíci

      The production is inferior to any barely above average professional social medidiot's content.

    • @superkd7030
      @superkd7030 Před 3 měsíci +4

      And her diction is awful too. I miss the old times where people got their job cause they were good at it. 😔

    • @VibhorWase
      @VibhorWase Před 2 měsíci

      Shoppeen Network.
      Competeen (not competing?).
      Launcheen.
      Wtf

  • @Yullada
    @Yullada Před 4 měsíci +36

    Amazon often sells the same products as Temu, only a few times more expensive. So, quality wise you wouldn’t win much with Amazon but the returns are way easier with Temu. Staying with Temu as long as it lasts.

    • @peekaxu4352
      @peekaxu4352 Před 4 měsíci +3

      Those nice prices are not going to stay like that for long....another app is going to want to compete and the cycle will go on.

    • @Taylor-lp4vj
      @Taylor-lp4vj Před 4 měsíci

      That’s how you know this video is just propaganda. The US middlemen are paranoid about china selling direct to consumer, which disrupts our economy and contributes to the list of reasons shifting us down a few pegs on the world order.

    • @Yullada
      @Yullada Před 4 měsíci

      @@peekaxu4352 and that’s fine

    • @samanthajones4877
      @samanthajones4877 Před 3 měsíci

      @@peekaxu4352competition is what brings down prices for us consumers and our government wants to stop this with tariffs and sanctions.

    • @yavortashev
      @yavortashev Před 3 měsíci +1

      In Bulgaria Temu is not cheaper.

  • @MrSoyfenix
    @MrSoyfenix Před 4 měsíci +10

    Well i was thinking about getting and smartwatch, thanks for the ad.

    • @hrhtreeoflife4815
      @hrhtreeoflife4815 Před 4 měsíci +1

      😂
      I was thinking the same thing!

    • @kimberlysuskey7351
      @kimberlysuskey7351 Před 3 měsíci

      I'm glad you want Temu to sell your data, which is why they lose money on the actual item

  • @ishmamrahman877
    @ishmamrahman877 Před 4 měsíci +46

    Even though I buy everything from Amazon i don't get why Temu is demonized.. it's not the consumers job to protect the biggest companies in the world... More competition is always better for the consumers

    • @MichaelMayo-tf5jz
      @MichaelMayo-tf5jz Před 4 měsíci +4

      If ur a true capitalism advocate u would care. Why should I pay tarrifs when he don't

    • @michaelschipper3312
      @michaelschipper3312 Před 4 měsíci +3

      the point is they are avoiding regulation to compete in an anticompetitive manor

    • @ishmamrahman877
      @ishmamrahman877 Před 4 měsíci +6

      @@michaelschipper3312 commpitators can do the same thing as they are doing

    • @jamisonmunn9215
      @jamisonmunn9215 Před 4 měsíci +1

      Lol meanwhile the USD purchasing power is down 80% since going off the gold standard.

    • @anti-bullingjames
      @anti-bullingjames Před 4 měsíci

      ​@@michaelschipper3312not really. Temu has huge warehouses in several states. Also, they have been passing the savings to consumers. Has local firms e.g., Amazon done the same? They didn't even though they could.

  • @FrancisSiuChock
    @FrancisSiuChock Před 4 měsíci +14

    Walmart can continue to build out their Sellers and selection, but unless they work on their search algorithms it won't matter! Their is no comparison when you compare the search results in Amazon vs Walmart. I can't tell you how many times I've abandoned my search review in Walmart because of the results. Receiving unrelated products and items priced at 10X expected pricing!

    • @gllyflower
      @gllyflower Před 6 dny

      100 percent. It's like these people from Walmart have no link to reality.

  • @thomaskim5008
    @thomaskim5008 Před 4 měsíci +8

    American retailers are not selling products from Xingzing Area? Sure. When the retailers subcontract for the manufacturing in China, there is no way the American retailers can ensure the products are not from Xingzing area. Even American retailers are about money.

  • @briancatman24
    @briancatman24 Před 4 měsíci +3

    Great content, very informative

  • @ACEKING26
    @ACEKING26 Před 4 měsíci +2

    Great Documentary!!!!!!!

  • @user-du2yg9vx7v
    @user-du2yg9vx7v Před 3 měsíci

    This was so thorough!

  • @isaacguerrerojaimes1850
    @isaacguerrerojaimes1850 Před 4 měsíci +7

    Thankyou! Keep up with this amazing content!

  • @lotusflower6492
    @lotusflower6492 Před 4 měsíci +12

    Livestream works in Asia because of the culture. As American who had lived in Asia I don’t see Americans buying a lot from live stream

    • @alainportant6412
      @alainportant6412 Před měsícem

      they don't act like a bunch of women yapping in front of QVC

  • @AlperNalan
    @AlperNalan Před 11 dny

    Finch's presence in 4ra ads is huge, bro. It shows they care about quality and sports expertise. 🌟

  • @Ta-mc5jh
    @Ta-mc5jh Před 4 měsíci +89

    The law should change that every order from TeMu subject to import tax and local tax.

    • @rongeorge574
      @rongeorge574 Před 4 měsíci +12

      TEMU is shipped out of warehouses in NJ, NY CA, etc. no different then amazon

    • @darugdawg2453
      @darugdawg2453 Před 4 měsíci +1

      Shipped out not made

    • @yvonnecortes_
      @yvonnecortes_ Před 4 měsíci +9

      @@darugdawg2453most of the things in the USA isnt made here and hasn’t been for decades.

    • @TheAvira123
      @TheAvira123 Před 4 měsíci +2

      ​@@darugdawg2453hahaha.. You need to think before you chat. Almost everything you purchase isn't made in USA... Not even some of your fruits, vegetables... Seafood... Temu is doing things no differently to any of the other big players... When's the last time you checked the labels of the appliances you buy online mate? And yet you still buy it...

    • @---kv5kh
      @---kv5kh Před 4 měsíci +3

      Well then Google Apple Amazon and Facebook should also pay Tax where they operate outside the US!!!!!

  • @TheFatblob25
    @TheFatblob25 Před 4 měsíci +17

    All of this sucks. Back in the 90s everyone lamented the power of Walmart to destroy small town main streets & community. This is a whole new dystopian level of mindless consumerism... & almost no one is pushing back. The future is going to be so much more bleak & lonely than it is now.

    • @samanthajones4877
      @samanthajones4877 Před 3 měsíci +2

      You can do your part by shopping brick and mortar and paying 100 times more for the same item.

    • @TheFatblob25
      @TheFatblob25 Před 3 měsíci

      @@samanthajones4877 100 times more? thats ridiculous. Have fun with your dystopian future.

    • @samanthajones4877
      @samanthajones4877 Před 3 měsíci +2

      @@TheFatblob25 enjoy your inflation.

  • @andreX07
    @andreX07 Před 4 měsíci +6

    This is the best temu commercial i watched

  • @MatthewMS.
    @MatthewMS. Před měsícem

    This was one of the the best pieces I’ve seen on CNBC in while. Love to see CNBC quality has been AAA rated my entire life, keep it up. 👍🏼🇺🇸📈. Go AMZN

  • @c.eb.1216
    @c.eb.1216 Před 3 měsíci +1

    I wish they'd make a "everything" retail store that's setup like a fast casual dining place where you move down a line, pick out what you want, pay and leave.

  • @braedent8610
    @braedent8610 Před 4 měsíci +36

    Never downloaded the app, but 15 minutes in im almost convinced!🤦🏼‍♂️

    • @gimcrack555
      @gimcrack555 Před 4 měsíci

      You don't have to download the app. I never shop on my smart phone. So I don't have the Temu app. I'm at home ordering from the Temu website on my Desktop. I'm behind my soft/hardware firewall and packet sniffer. So I'm protect a little bit more than using the Temu app.

    • @andrewg5416
      @andrewg5416 Před 4 měsíci +7

      seek help for that

    • @darugdawg2453
      @darugdawg2453 Před 4 měsíci +2

      I downloaded the app. They gave me discount but theres a catch. I canceled my cart and deleted the app. I dont like being baited

    • @glow1815
      @glow1815 Před 4 měsíci

      ​@@andrewg5416😂😂

  • @HK20121
    @HK20121 Před 4 měsíci +9

    Good for them, anything that's not Amazon and Walmart charges shipping. I will definitely try it if it can get me a deal. I like competition because it helps consumers. I don't like that we have few and strong corporations such as Unilever and others, look at how they are driving inflation. They don't care about consumers but their profits.

    • @nomanejane5766
      @nomanejane5766 Před 4 měsíci +1

      Don't bother, everything on there is terrible quality

    • @MrGoalie2012
      @MrGoalie2012 Před 3 měsíci +1

      just buy REAL products........if the price seems too low then there's probably a reason for it

  • @abelincoln3261
    @abelincoln3261 Před 3 měsíci +2

    I've said this for years.. If Sears, Kmart etc .. had done what it appears Walmart has finally figured out,, they would still be around. A store locally can as he said ship out and deliver faster cheaper then a warehouse a 1,000 miles away.

  • @SteveHutchcraft
    @SteveHutchcraft Před 4 měsíci +6

    Very good CNBC. Thank you.

  • @tonynelson2550
    @tonynelson2550 Před 4 měsíci +9

    Walmart filled up my porch with groceries that I did not ask for. When I called Walmart to remove the groceries, they refused, making their mistake my problem. I wasted hours finding a neighbor that was supposed to get the delivery. Walmart seemed to think it was okay to make their error my problem. 👎

    • @jimv77
      @jimv77 Před 4 měsíci +1

      Wait, did it have your address at least? My mother in law said a restaurant food delivery was left at her doorsteps that she didn't order. Food was still hot and fresh but she is the paranoid type and threw it away! (I'd be like Free food y'all!!!)

    • @tonynelson2550
      @tonynelson2550 Před 4 měsíci

      @jimv77 no address on the packages, turned out it was meant for a neighbor who came and picked it up...

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics Před 4 měsíci +3

    Economic investigator Frank G Melbourne Australia is following this very informative content cheers Frank 😊

  • @DhruvaDevOnline
    @DhruvaDevOnline Před 3 měsíci

    I just love the way the VO artist says Pinduoduo !

  • @SerhanIsin
    @SerhanIsin Před 11 dny

    Seeing a legend like Finch backing 4ra makes me trust their bets and games even more, man. Solid choice! 👌💸

  • @neylz06
    @neylz06 Před 4 měsíci +4

    When Marketing tactics are just better, the government and politics just want things to go their way because how else are they going to take your money? Do you really think they care about you? They just care about how much they can pocket from you. I think what really matters at the end of the day is how much purchasing power the users really have at the end, if you spend less money for things, that's a win for you imo.

    • @OurSpaceshipEarth
      @OurSpaceshipEarth Před 3 měsíci

      what matters at the end of the quarter is the already out of control and rapidly worsening state of our planet. "Expect slowdowns ahead" and "Beware the drop off"

  • @nagasako7
    @nagasako7 Před 4 měsíci +3

    Nice ad video 👽👽👽

  • @hypefilms6061
    @hypefilms6061 Před 4 měsíci +1

    that watch thou is crazy

  • @stevepax2809
    @stevepax2809 Před 3 měsíci +1

    Wow Temu, what a great app!

  • @samanthajones4877
    @samanthajones4877 Před 3 měsíci +4

    I remember when I first started shopping on amazon, everything was so inexpensive compared to brick and mortar. Now that I started shopping on temu, everything is so inexpensive compared to Amazon.

  • @manilamartin1001
    @manilamartin1001 Před 4 měsíci +3

    Looks amazing.

  • @sahra4117
    @sahra4117 Před 4 měsíci +2

    Wow it’s very concerning that no one is talking about the insane impact on our environment with all these unnecessary and some that are truly junk being sold at such low cost and in a “mindless” manner as one of the data exec said. I can’t imagine how much trash is accumulating because of cheaper and cheaper products that break in a short time and others that are absolutely not needed for a happy and fulfilling life.

  • @sameerrana9377
    @sameerrana9377 Před 2 měsíci

    I stop online shopping 3 years ago. I shop at Costco 2year return policy. Love it. Amazon is trying to cut jobs and sell bad stuff and return are sometimes bad

  • @manimalworks7424
    @manimalworks7424 Před 4 měsíci +3

    I am going to download it and try it out. Thanks for the info.

    • @yummm8775
      @yummm8775 Před 4 měsíci

      DO NOT buy Chinese junk! You're creating a pollution problem any time you buy from TEMU's one time use garbage products.

  • @Windows98R
    @Windows98R Před 3 měsíci +6

    Props to Walmart because they actually have been getting things cheaper and even faster to me than Prime in the recent years. Prime still holds ultimate advantage for things that aren’t so local but for most grocery related items, Walmart somehow making it to my door in under 2 days, standard for Prime, is pretty cool. Prime does do 1 day delivery but most grocery related items on prime are either expensive for no reason or takes so long to get here for no reason.

    • @gafam7251
      @gafam7251 Před 19 dny

      Props for them copying? Amazon will have a new way of operating by the time Walmart “catches up”. I have no respect for companies who are not innovative.

    • @Windows98R
      @Windows98R Před 19 dny

      @@gafam7251 who shops for groceries off respect? It’s whoever can get it to me fastest/cheapest, at the same quality.

  • @kodyjbosch1
    @kodyjbosch1 Před 3 měsíci +1

    So much of this fascinating and also very Creepy. I launched an online store in 2o15, after having 4 bricks and mortar stores and growing up in my grandmothers antique / collectibles / thrift store flower shop. My store is microscopic in the scheme of things. This world of mindless consumerism and people ...lending themselves out for a quick buck. It gives me chills. Still, eccommerce is the future, and one of the frontiers so much of it still to be explored. It is very exciting which is why i joined the space for my small part. I hope more merchants will take a different tack that the modus operandi shown in this video. A quick buck can come at the cost of one's soul. And the Soul of a country :/

  • @YusufNihal-zz4bx
    @YusufNihal-zz4bx Před 16 dny

    4ra ka verification process bhi bohot smooth hai yaar quickly complete ho gaya 😍💯

  • @maverickd.t.l.9749
    @maverickd.t.l.9749 Před 4 měsíci +37

    Need not to worry about me downloading and purchasing anything from TEMU and any other Chinese websites and companies.
    I knew very little to nothing about this app for over a year.
    I had a feeling this cannot be American in any way. So I did not ever download the app.
    Let me also state that im 25 years old, I grew up with technology and life just before technologically becoming the norm with everything in life.

    • @sienglee6698
      @sienglee6698 Před 4 měsíci +22

      Your purchases from other corporations like Target, Walmart and Amazon get their inventory from Chinese wholesale.

    • @Chicago48
      @Chicago48 Před 4 měsíci +4

      I order from TEMU and "some" of their items are no different than what you buy from WM and AMZ. They're the same manufacturers. I usually get paper and office supplies from TEMU.

    • @mithicash1444
      @mithicash1444 Před 4 měsíci +5

      If something is too good(cheap) to be true, it probably isn't true. Your reasoning is the same as why I am cautious using any kind of free apps and services. Somebody always pays for it and it's usually out data being sold that pays for it.

    • @mithicash1444
      @mithicash1444 Před 4 měsíci

      ​@@sienglee6698Maybe, BUT they do not download malware on your devices 😂

    • @Bia82Bia
      @Bia82Bia Před 4 měsíci

      ​@@mithicash1444every Company in this country including social media platforms already are gathering all of your data and also for free 😂.

  • @elhar3761
    @elhar3761 Před 4 měsíci +4

    Amazon is the go to

    • @NotLikeUs869
      @NotLikeUs869 Před 4 měsíci

      Vendors on Amazon purchase wholesale from Chinese companies and sell the items on the Amazon platform.

  • @carlduplessis31
    @carlduplessis31 Před měsícem

    Live stream shopping , shopping inspiration ? I clearly live in a another universe .

  • @batmangsxr300
    @batmangsxr300 Před 3 měsíci +1

    Is this an old report? Halfway thru and twice I've seen it refer to last year and then show 2021 data

  • @jm3363
    @jm3363 Před 4 měsíci +10

    Outsource your narration to a professional narrator; there are plenty out there to choose from. Respectfully I don't want to listen to someone wining about a subject. I want to be informed with high quality audio that doesn't sound like a Skype call.

  • @Brandee.
    @Brandee. Před 4 měsíci +13

    Temu and Shein is super addictive..especially with coupons!

  • @carlasilva8098
    @carlasilva8098 Před 3 měsíci

    What is supporting the buying process? When does the money comes from? OF?

  • @TAA4U55
    @TAA4U55 Před 3 měsíci +1

    ❤nice video

  • @050679rudy
    @050679rudy Před 3 měsíci +3

    Teh-mu not Tee-mu. That is what I learned from the Superbowl commercials this past Sunday 😅

  • @necromancer7712
    @necromancer7712 Před 4 měsíci +23

    2 things i am 100% sure. 1) CNBC is long PDD shares 2) Audio sucks as if the narrator has swallowed the mic

  • @EsinEvren
    @EsinEvren Před 11 dny

    Totally agree, man. It's awesome that 4ra brings in real cricket stars like Finch. Makes it so much more relatable, bro. Cricket and 4ra just got even better with Finch onboard, man. Can't wait for the next IPL bets. 🎉🏆

  • @Youarelovewalk
    @Youarelovewalk Před 23 dny

    My aunt loves Temu lol ❤️

  • @puzansharma7489
    @puzansharma7489 Před 4 měsíci +5

    Just ordered something from temu while watching this…

  • @axli13
    @axli13 Před 4 měsíci +4

    Zero tax means cheaper for every consumer. Why protect rich company like amazon? Amazon must have a lot of lobbyists.

    • @yummm8775
      @yummm8775 Před 4 měsíci

      Because the USA needs tax money to run. The USA doesn't run on hot air. Do you pay the military hot air? Anyway, TEMU is Chinese spy app so use at your own risk - and for what... just to buy junk!

  • @SerefYakup
    @SerefYakup Před 11 dny

    Just saw Finch is now 4ra's face, bro! Feeling more confident betting there now! ✨

  • @auro1986
    @auro1986 Před 4 měsíci +18

    future of online shopping is buying from physical stores and malls because you can order with smartphone anywhere

  • @AlexSquared
    @AlexSquared Před 4 měsíci +41

    the narrators voice is brutal. couldnt even make it 5 minutes. CNBC get your shti together

    • @thfield2417
      @thfield2417 Před 4 měsíci +4

      Glad I’m not the only one distressed by the vocal fry.

  • @venusharris187
    @venusharris187 Před 2 měsíci

    Yes it is.

  • @companyconfidential6624
    @companyconfidential6624 Před 3 měsíci

    I use it on my WFH laptop instead of my phone sometimes and place third party purchase not my debit card not my phone.

  • @AlexSage
    @AlexSage Před 4 měsíci +3

    Temu has treated me like a celebrity!!! If I complain, it's a total refund! that's another factor why I became loyal shopper of temu instead of amazon, I still have prime btw...

  • @Native722
    @Native722 Před 4 měsíci +4

    Love Temu!

  • @hterra2706
    @hterra2706 Před 3 měsíci +3

    This make me WANT TO SHOP AT TEMU *EVEN MORE!!!* 🤣😂

    • @la6136
      @la6136 Před 3 měsíci

      Why because you like wasting your money on junk?

  • @YasinAysu-db1gz
    @YasinAysu-db1gz Před 11 dny

    Watched the last matches and bet on 4RA, it was so much fun, now I'm excited for the World Cup T20 😁🎊

  • @grantadamson3478
    @grantadamson3478 Před 4 měsíci +6

    What ever they are selling you probably don't need it.

  • @amyper0012
    @amyper0012 Před 4 měsíci +3

    If you care if people think you're wearing an Apple watch, you're part of the problem.

  • @walterherrera6975
    @walterherrera6975 Před 3 měsíci +1

    CNBC you guys looks like you really love Amazon

  • @RustuTugrul
    @RustuTugrul Před 11 dny

    Since Finch joined 4RBT, I've noticed more of my cricket buddies here, man. He's definitely bringing in the crowd! 🏏👫

  • @eizqarqash1991
    @eizqarqash1991 Před 4 měsíci +12

    The US is just jealous they don't get to put their hands on some of that money Temu is making. Greed at its finest image!

  • @starlite2092
    @starlite2092 Před 4 měsíci +4

    Those are not discounts thats the actual price but shown as a deal. The problem is that it is some times a trash item.

  • @FatihMehmet-hz8ov
    @FatihMehmet-hz8ov Před 11 dny

    Who caught Finch's last promo on 4ra, man? Made betting on cricket matches more exhilarating than ever! 🎥🎰

  • @ajsim
    @ajsim Před 4 měsíci +1

    Pathfinder had some pretty insightful things to say in this one.

  • @yongyu37
    @yongyu37 Před 4 měsíci +3

    How can the"oppressed Uighur"just make things for Pinduoduo not other Chinese company? How can so little numbers of Uighurs make so many different things?

    • @giuseppeverdi8284
      @giuseppeverdi8284 Před 4 měsíci

      The 4 million Uyghurs are being held in a cave and forced to make everything being sold on Amazon

  • @ks792
    @ks792 Před 4 měsíci +5

    I love Temu! Please keep those prices low in order help us fight U.S. inflation. I would never buy hyper inflated American products.

    • @ks792
      @ks792 Před 4 měsíci +1

      woo, I need a dupe Apple watch! Ten bucks where can you find that kind of prices, lol....!

  • @njnikusha
    @njnikusha Před 3 měsíci +1

    Problem with Walmart is that unlike from amazon they do not ship all the items. Even non fragile items, one has to drive to Walmart and purchase products on a spot which makes it extremely inconvenient

  • @FamousInvestingQuotes
    @FamousInvestingQuotes Před 4 měsíci

    Great documentary

  • @gian19791
    @gian19791 Před 4 měsíci +4

    Temu is successful because not name brand products and same material 😮😂

  • @Dfgbuiiyyyybb
    @Dfgbuiiyyyybb Před 4 měsíci +8

    Almost everything comes from China. Temu sounds like a white label Amazon.

  • @alrxandersmiths242
    @alrxandersmiths242 Před 3 měsíci

    I love the to the fridge thing that can help a lot family’s and for once it’s not based on the government I truly hope it’s profitable

  • @TheManbeastmike
    @TheManbeastmike Před 3 měsíci

    Direct to my fridge is game changer i eat the same stuff anyways might as well get it delivered directly into my fridge

  • @lil----lil
    @lil----lil Před 4 měsíci +5

    America's Democracy is for sale!! WHAT'S NEW?!