Temu: Is It a Reputable Shopping App?
This Chinese-owned online store has completely overtaken industry titans like Shein, Amazon, and Walmart to capture the top spot in both the Apple App Store and Google Play Store. But how does Temu able to charge such low pricing for its goods?
E-commerce, which will account for 21% of all retail sales worldwide in 2021, is crucial to our economy. Digital commerce is a key component of internet activity, from Amazon to inconspicuous Instagram advertisements.
The Temu Experience: Temu, a Chinese-owned online superstore, offers a wide selection of goods, including anything from clothing to small appliances, outdoor furniture, power tools, and baby clothes.
What Makes Temu Unique: Temu’s items, which include $2 sunglasses, $1 necklaces, and $3 glow-in-the-dark pet collars, are extraordinarily inexpensive. On Temu, almost anything you can imagine is available for around $30.
Comparisons between Temu and other online retailers like Shein, Wish, and AliExpress are made. While Temu offers a wide variety of products similar to Amazon, Shein concentrates primarily on fashion and clothes.
Temu’s products can be considered legitimate depending on your point of view. Customers often receive their orders within ten days, and a large percentage of the things on the platform are genuine. However, some people complain about minor aesthetic variations or worse quality.
Purchase Protection and Refunds: Temu provides credits of $5 for regular shipping and $13 for express delivery to resolve late shipments. They also guarantee a full refund for anything returned within 90 days of purchase through their Purchase Protection Programme.
Controversies about Temu’s surroundings: Temu has come under fire from a number of sources. Due to its sibling site, Pinduoduo, having malware, the US government expressed worries about the security of its data. Temu, on the other hand, is viewed as less dangerous by analysts. Temu was removed from government-issued cellphones in Montana by Governor Greg Gianforte after alleging ties between the app and hostile foreign nations.
Temu’s Quality and Reviews: Temu receives conflicting feedback on TrustPilot, with issues with shipment timeframes, product quality, and customer support cropping up frequently. However, a lot of users on TikTok comment on how happy they are with their Temu purchases.
Temu is owned by PDD Holdings, a global business conglomerate with headquarters in Dublin, Ireland. Pinduoduo is also owned by PDD Holdings. Although the specifics of Temu’s parent firm are not made clear, the company can be traced back to Boston.
Shopping on Temu has some risks, just like shopping on any online market. Although the website has a huge assortment of goods at reasonable costs, the quality of those goods can vary. A careful approach is warranted given Temu’s parent firm affiliation and controversial history. Always do your research and read reviews before making a Temu buy.
How Is Temu Able To Offer Such Low Prices?
Temu is notable for its incredibly low-priced goods. Their company strategy is the key. Temu serves as a middleman between customers and suppliers rather than owning the things on the list. Temu reduces expenses by coordinating the shipping process and bringing buyers and sellers together directly.
Pinduoduo, another e-commerce platform owned by the parent business PDD Holdings, posted significant revenue of more over $18 billion in 2022.
The De Minimis Loophole: According to the US House Select Committee, Temu uses the de minimis loophole to provide consumers in the US with affordable goods. Under this clause, imports with a value of less than $800 are permitted entry into the US without being subject to strict inspections, duties, taxes, or fees. Temu uses this loophole to get around import taxes, tariffs, and customs inspections, making their items more affordable for US consumers.