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Over time the ecommerce space is going to demarcate into two segements:- [1] High value, high trust purchases that really neeeds to arrive and for warranties &
by Mengkudulangsat 2y ago
Over time the ecommerce space is going to demarcate into two segements:-
[1] High value, high trust purchases that really neeeds to arrive and for warranties & customer service to work.
[2] Crap; where you buy on impulse, forget immediately and become surprised when they actually arrive.
TEMU is about #2
- nerdponx 2y agoBrands with reputations for being in category 1 are increasingly eager to provide products on par in quality with category 2 (or marginally better), basically sucking what value is left of the brand reputation until there's nothing left and the execs/shareholders walk away with a couple of new yachts.
- danpalmer 2y agoI think this is both happening because supply chains are becoming so cheap, and then being reinforced by increasing wealth disparities. There are many people in the US for whom Amazon is too expensive, and as local businesses shutter because they can't compete with online retailers, their only choice is places like Temu.