Amazon is reportedly adding a competing section to its shopping site. TEAM and Shanefeatures cheap products shipped from China to consumers overseas.
The new marketplace will feature apparel, home goods, and Consumer goods, delivered in 9-11 days, Reuters report Wednesday (June 26th), paid article From The Information.
Amazon reportedly plans to onboard sellers over the summer and start accepting inventory in the fall.
It’s unclear whether items sold on the marketplace will be shipped in a way that avoids U.S. customs duties, as both Temu and Shein do, according to the report.
Asked about the report, an Amazon spokesman told Reuters: “We work with our selling partners to constantly find new ways to delight customers with more selection and lower prices. and It will be more convenient.”
Tem has attracted U.S. Baby Boomer and Gen X shoppers with its diverse product mix and compelling service offerings. discount.
The Chinese e-commerce app entered the US market in late 2022 and quickly became one of the most downloaded apps. Though it had a reputation as a platform for younger consumers, older consumers used the app more frequently and spent more money on it than younger consumers during its first year in the US.
The system was thought to offer consumers an alternative. Amazon, In exchange for longer delivery times, we offer huge discounts on a wide range of products.
On June 11, it was reported that Tem was attracting more attention. repeater 34% of shoppers buy something from Chinese retailers once a month, compared with 29% for eBay.
Amazon still far outperforms those two, with more than three-quarters of consumers saying they use the store at least once a month.
Shein, another company said to be a target for Amazon’s planned Marketplace, is also known for offering low-cost goods.
Shein launched its online fashion business in China in 2012 and has become a major player in the online sector by offering clothes and miscellaneous items at incredibly low prices. AffordableWe stay up to date with the latest fashion trends and leverage the power of aggressive marketing.
