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Our order volume decreased by about yearonyear, and our profits dropped by about . The merchant revealed that he plans to try Temu early next year. We know it's a trick, but we can only join in if we can't beat it. Many of our friends do it while scolding us. Many merchants on Amazon are Chinese merchants. If Temu can turn these merchants into its own suppliers, then the competition with offline yuan stores such as Dollar Tree and Dollar Tree will at least not be subject to supply constraints. Through the continuous elimination and rotation of suppliers, we can also grasp more advantageous prices.
This was actually one of Dollar Tree’s early profit secrets. In terms of produ Armenia WhatsApp Number ct brand selection, Dollar Tree will only choose brands for each product. The largescale and stable procurement policy gives Dollar Tree strong bargaining power with suppliers. At the same time, Dollar Tree does not sign longterm contracts. , it continues to look for suppliers with lower prices and continuously improves its bargaining power against the upstream through price comparison. The Dollar Tree financial report shows that among Dollar Tree’s suppliers, no one accounts for more than .
Temu’s lowprice business is not easy to do Can the method of continuously increasing prices by squeezing the supply chain last? Ideally, the easiest way for Temu is to poach Chinese merchants on Amazon. Indeed, many merchants have begun to do both Amazon and Temu. Some merchants told ECommerce Online that China's crossborder Four Little Dragons, namely Temu, Shein, TikTok, and AliExpress, are actually competing for merchants. If the category has its own supply chain and the category is distinctive, such as clothing, Shein will definitely be given priority if the category is particularly eyecatching and can stimulate user demand.
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