The Future Of Online Shopping | CNBC Marathon
The Future Of Online Shopping | CNBC Marathon
CNBC Marathon explores how companies like Amazon, Walmart and their competitors are shifting their marketing and business strategies to compete in today’s economy.
Quietly launching its app in September 2022, it only took Temu a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February 2023, the 5-month-old company made its TV debut during Super Bowl LVII, airing two commercial spots totaling an estimated $14 million. With an annual advertising budget of about $1.4 billion, Temu is focused on aggregating a user base of nearly 100 million people by year-end.
Walmart employs more people than any other company in the world and is the country’s largest grocer. But when it comes to e-commerce, Amazon is the clear leader, with 39.5% of the market share compared to Walmart’s 7%. Now Walmart has ambitious new plans, and new leadership, to try and catch up.
Livestream shopping took China by storm during the pandemic, growing into an estimated $423 billion market in 2022. The trend has caught on more slowly in the U.S., but now Amazon, TikTok, YouTube and Shopify are making big investments in hopes it takes off. CNBC goes behind the scenes with creators like Myriam Sandler to find out what it’s like to sell via livestream, and what it’ll take for the emerging model to become a mainstream way that U.S. consumers shop.
Chapters:
00:00 Introduction
00:37 How Temu Makes Money From $10 Smartwatches from China (Published August 2023)
16:57 How Walmart Is Betting Big On Stores To Catch Amazon In E-commerce (Published June 2022)
34:26 Will Live Shopping On TikTok, Amazon And YouTube Take Off In The U.S.? (Published February 2023)
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The Future Of Online Shopping | CNBC Marathon
I shopped at Temu a few times.
Never again ‼️
I’m trying to block their ads, but I’m having a hard time doing so.🤦🏾♀️
Not me. I will never buy from temu because when something is too good to be true it usually ruddy is imo
Pasar online ini akan selalu bertumbuh seiring dengan bertumbuhnya produk produk offline
The voice makes it unwatchable
Lopez Karen Lee Mark Walker Lisa
TEMU is just another Tik Tok. None of the CCP capital companies or apps is safe for us. It takes time for people to realise that, and I really hope that we wake up asap.
Tiktok platform is the best as far as selling.
I think that Walmart should stay its own brand and platform.. yes we can buy cheapy stuff from the other platforms but when you go to Walmart you know its quality is a bit better
They’re locking you in your house no more socializing no need to leave home just order s*** y’all like sheeps. Taking your jobs and locking you in the house. Wake up people they’re taking your choices away and selling you cheap s***.
How many of those drones and autonomous vehicles do you think are not going to get robbed??
This is not the voice/accent a journalist (temu) should adopt to comment.. It sounds like she is talking to close friends around a drink.. disrespectful.
The first ad during the video was Temu😂
Good documentary, but the way the reporter talks is awful! Vocal fry, talks like a 16yr old girl!
Temu cheap the same with quality, they made it with cheap materials and sort time labour and quality control not good
The presenter has very heavy vocal fry. Hard to concentrate on the story
Mr Raja … 😂😂 😂
Meanwhile US is dealing with antitrust issues – internet rates are flat across the board. I suspect they want the same for online shopping.
How is this an official production of CNBC with such terrible audio quality?
I can’t stand this video with saying forcing Xinjiang people to labor, have you ever really been there and talk to someone or you guy are just using your power to monopoly the truth.
Never going to buy from the Chinese.
Also,i shop online too fairly regular.
I shop from local online stores.
Never had any problems.
Hernandez James Rodriguez Melissa Allen Michael
Can’t get enough of your vids!
It’s okay if they send the products for free Sasquatch will be the new look 👀 life lol 😂
um temu is the new WISH
That $10 smart watch is a great way for someone to steal your identity. You don’t know what they programmed into it. Why is it so cheap? What spider is hidden in it?
thank you ❤❤❤❤❤
The quality of products seems like garbage from Temu…I’d rather invest in better quality, long-lasting goods.
We, were told it was from Germany and not China..why, are we paying them, sooo much money? Where, are our e commerce stores? Poshmark, any US stores why, China?
People act like America isn’t a corporation. This business is here just like every other business because the Government allows it and has a hand in it. Nothing shocking or unheard of here. Still good information to have knowledge of but just know it’s more to it.
The $10 Temu watch just shows how Apple is screwing over all their dopeeey customers with mega, MEGA inflated prices.
Я чувствую что проёбываю какой-то шанс поднять бабла, и боюсь что стану бомжом
You can trust what you’re getting from Walmart.
Annoying voice
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
We just made we didn’t think of it first…
Funny how the government knew that Temu have employed minors and overworked their employees, but failed to investigate those big brands who have employed children in 3rd world countries to dig holes in mines just to get those minerals and harvest ingredients for their products.
What a dystopian future we are living in. Depressing.
Look at the back of your neck,bet you were made in China
Побоьше выкладывай проверку кейсов на майксго. Они добавили сейчас столько нового, что просто не знаешь че открыть))
What matters most to me is finding affordable products that meet my needs, and if Temu can offer similar quality goods at lower prices, then that’s where I’ll shop.
I’ve ordered some things from Temu. My only COMPLAINT about them is HOW LONG it takes for stuff to arrive. When it comes to home delivery, Amazon still BEATS Temu.
CNBC puts an Indian to speak out on China – fabu! Like we don’t know China’s hater is India – great job CNBC! Be fair and don’t spread propaganda
This is propaganda designed to benefit the incoming thugs who vow retribution and threaten everyone with tariffs. 👹🤡💩👾👎
TEMU IS FEEDING OFF OF GAMBLERS EMOTIONS…. SAD
I WILL NEVER EVER PURCHASE ANYTHING ELSE FROM WALMART WEBSITE / INTERNET‼ I PURCHASED 3 TIMES FROM WALMART WEBSITE AND IT’S BEEN TOTALLY JUNK AND WALMART REFUSED TO REFUND‼ HAD TO FILE DISPUTES EACH A EVERY TIME‼
That, would be cool if, Walmart opened its warehouses to shopping like, Playtime CWE. Its, a stuff toy warehouse for kids and you can, walk up and ask to make a purchase retail unles, you have whikesale permit. Open, Walmarts warehouse, to walk up sales!!!
Why are all these things getting cheaper except for housing, education, health, and food?
In the segment, where the Walmart employees were pulling merchandise, off the shelves to ship to customers elsewhere. Years ago, I had grasped that concept and thought out, the ideal, whereas, I walked through it and foresaw how cost saving, it would be. Theres, pleanty of merchandise left on the shelves, that no one buys. It, just sits there. What’s, wrong with pulling it off the shelves and sending? Warehouse, are cool however, too cold in the winter and way, too much dust. The stores, are more inviting and all you do is, crate a workspace and pull the item and ship, it from that location. Curie HS – Chicago Business Law classes, were so long ago, however its modified and Robert Morris University /SNHU has a more intense and indepth run down…
I got an exact replica of Apple iPods for $12 & it even came with AppleCare+ ?? But it gave me terrible headaches and giddiness. I even threw up. Never again
I LOVE TEMU !!!!!!!!