There could never be a greater moment to start a discount marketplace as rising drives up the household products’ cost. American consumers seeking savings on daily goods increasingly use the internet shopping site Temu. Data from analytics company Sensor Tower shows that since the app’s September introduction, 10.8 million Americans have downloaded it. Although living expenses rise frequently, Temu has drawn clients by offering significant price reductions on the online retailer Amazon. Kathy Benetti claimed she didn’t anticipate placing that many transactions when she originally downloaded the app. However, she spent $90 on 14 products and was astonished at how much lower the prices were than on Amazon. So, let’s discus what is Temu and how it functions.
What is Temu?
Over the majority of the past two months, a shopping app that wouldn’t be available four months before became the most downloaded free software on both the App Store and Google Play, beating out TikTok, YouTube, and Instagram. Temu offers significant savings on a wide range of goods, the majority of which are sent simply from Chinese factories or depots. Temu’s popularity may undoubtedly be attributed to its approach of offering items for free to those who share the app on social media and recruit relatives and close friends to sign up, in addition to its exceptionally low costs.
Yet There is One Aspect of Temu that Amazon’s Business Relies on Speed
After learning what is Temu, let’s discuss what the app claims. The website claims that orders take between 7 and 15 business days to arrive, much longer than Amazon’s typical delivery time of 3 to 5 days (not including Prime benefits like two-day and occasionally same-delivery). However, some customers now worry more about the deal than delivery speed. Yongchun Xin, 50, told the Wall Street Journal that he first learned about Temu from a buddy who referred to one of Temu’s top-selling items: wireless earphones from Lenovo Group Ltd., which cost $8.47 on the website. According to their type, the earphones sell for between $19.99 and $29.99 on Amazon. Xin said that Amazon is quicker but only cares about obtaining something in two days.
The prices are startingly low, frequently requiring a double-take when initially reading the site. A coach-style backpack costs $5.39, a stainless steel spatula costs $1.18, an eyeshadow stick is $2.49, and shoes cost $10. Temu can provide its unbearably low costs by utilizing the distribution networks of its parent firm Pinduoduo. It can pass benefits to the consumers, a spokesman said. These inexpensive costs have turned out to be costly for other businesses. Two of Shein’s manufacturers were found to have broken labor laws. They have forced the low-cost Chinese fast fashion company to spend $15 million to remedy the harm. The affordable market may be too tempting to be true. But so far, there have been no indications that Temu is delivering low pricing at the expense of its employees.
Is Temu Legit?
Now, you know what is Temu, but is it legal or safe to use? PDD Holdings, a multinational holding limited with a market worth of more than $120 billion, owns and operates this online marketplace. Temu’s proprietors are, therefore, everything but novices in the world of e-commerce. Even though the company may indeed be new to American and Canadian consumers. Although new, PDD Holdings Inc., a multibillion-dollar business with years of experience in international commerce, supports the app. Temu legit supports several safe payment options, including Apple Pay, Google Pay, and most credit cards, in addition to other means of proven legality.
