We have to admit that the 10 billion yuan subsidy works everywhere. Consumers have national boundaries, but taking advantage of others has no national boundaries. Temu and Shein have become increasingly popular among American consumers as they seek lower-priced goods due to inflation. However, Temu and Shein's ability to gain a foothold in the United States largely depends on the low-price expansion strategy they adopted. Because they are too similar, the competition between Temu and Shein has only increased, and both have even filed lawsuits against each other, accusing each other of unfair business practices. During last year’s Black Friday, Temu’s product prices were only 50% of Shein’s!!! Moreover, many of Temu’s product prices were lower than Shein’s, so Temu’s competitive advantage in terms of price was even more obvious. Since Temu was launched in the US market in September 2022, its monthly visits and downloads have continued to rise, surpassing Shein. Temu and Shein are fighting so hard, how come Temu can still surpass Shein in website traffic and purchase visits? According to analysts, Temu spends nearly $500 million on advertising every fiscal quarter, which is why Temu has surpassed Shein in terms of traffic. It turns out he is also a paying player. This poses a double threat to Amazon, which has been fighting Walmart and Target. “ Is Amazon facing a crisis? Is Amazon affected by Temu and Shein and is it facing a crisis? It is difficult for our sites Temu and Shein to surpass Amazon. First of all, the prices of Temu and Shein's products are focused on the low-end market, and they do not pursue delivery services. It usually takes a week or even half a month for the products to be delivered to consumers. In order to ensure delivery time, Amazon has established a logistics and warehousing system, but Temu and Shein are obviously not capable of doing this. According to data, Amazon's conversion rate is nearly 12%, while Shein and Temu's are only around 5%. Temu and Shein can't even catch up with Amazon. It poses no threat to Amazon. “ Black Friday online promotion date confirmed Amazon officially announced the details and dates of the 2023 Black Friday promotion:
I believe many sellers are ready to make a big splash during this year's Black Friday and Cyber Monday. NANA also has some peak season preparation strategies to share with you. How to get the most traffic during peak season Pay attention to the promotional recommendations on the seller platform and report all the deals you can! Maximize all advertising effects before the event and make early traffic reserves for key peak-season products. You can conduct warm-up activities on your own, such as adding a poster to reflect the store's preferential activities and increase some commitment, which can greatly increase the possibility of placing an order. There are too many things I want to say, but I can’t express them enough. Alice happened to have a new traffic strategy class before Black Friday Cyber Monday, which is an in-depth traffic strategy for Amazon’s recent changes. It is suitable for order operators, front-line bosses and senior operations. Attack before the big sale! Strike while the iron is hot! |
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