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I don't understand Temu.
(lemmy.world)
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this post was submitted on 12 May 2024
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I feel the same about Amazon. Most listings are just US based resellers selling you cheap Chinese merchandise bought from Alibaba and then passing the costs onto the customer by inflating the price they resell it at.
True, but with Amazon you are paying more for faster shipping. Stuff actually shipped from China takes a long time.
It's literally just drop shipping
Don't run any inventory. Just take orders on a front-end website. Then buy at wholesale rates and resell at retail prices, while trying to make a margin based on the difference between the margin and the cost of advertising. It works great if you're able to get a bunch of free publicity. So you'll typically see these guys "networking" in hopes of doing an impromptu sales pitch in front the largest crowd possible. Or doing stunts to get literally anyone to look at them.
Amazon is a multi-trillion dollar industry that's functionally built on the idea of drop shipping. Jeff Bezos is just the richest incarnation of those insufferable frat-bros trying to sell you bitcoin.