Temus surge in traffic they must deal with the problems of thin profit margins and huge pressure to reduce prices Liu Yu a Suzhou factory seller has been operating a Temu fully managed store since March mainly selling outdoor sports products He told Xiaguang News that if products similar to are provided the sellers supply price needs to be lower than otherwise profits are stuck He said that the unit price of products supplied to Temu is Within US dollars
Temu has prepared a life and death elimination match for suppliers If the product is unsaleable no active sales in days or sales volume is less than pieces and sales volume is less than US dollars in days Temu buyers Europe Cell Phone Number List will ask the seller to reduce the price again and again if the product sales are qualified but If there are multiple product quotes Temu will also ask sellers to bid and match the lowest price After stocking or pieces the factory will be very passive If the price is not lowered it will be returned to the seller
However the packaging may be damaged during the return process and cannot be sold again so it can only accept the price reduction request Liu Yu said Once prices are reduced to the point where profits are no longer possible many sellers will choose to clear out at a loss and directly close their stores and exit Temu Most sellers who still insist on running Temu fully managed stores are interested in its traffic Although the profits are meager they are better because of the large order volume and they rely on small profits but quick turnover to maintain their survival status He Jun said that he makes .