Tag: Sellers

Sellers Complain Temu is Bad for Business

Greta

As the days wound down to Christmas, Wenkang Cai was upset about a festive decorative ribbon that Temu wouldn’t approve for sale because the website argued the price could be lower.

“I submitted a quote for 4 RMB ($0.56) and the platform squeezed the price down to 1.96 RMB ($0.28), though I managed to negotiate with the supplier and they gave me a price of 1.88 RMB ($0.26), it’s not profitable at all,” Cai said.

Cai is a seller on Temu, an online retail platform that rapidly increased in popularity over the last year. Cai shared his international e-commerce experience with the Daily Dot from his warehouse in Shenzhen, a city in the Chinese province Guangdong. In the background, phones rang and trucks blew their horns. Cai explained that the noise was due to couriers losing their tempers over the wait to pick up deliveries or because their vans were blocked in.

“Temu‘s specialty told me that it could be other merchants holding holiday sales, so the price [detected by the algorithm] was low, and they suggested I wait until the sale is over and resubmit my quote,” said Cai, referring to the company’s team of specialists tasked with approving merchandise for sale on the platform.

Cai agreed that waiting would mean he missed selling the ribbon during the holiday season.

“It would have performed better if I started to sell the ribbon two months in advance. Now that the holiday is around the corner and sales are going on everywhere, it’s a risky time to join the competition,” Cai said with a sigh.

Cai entered the e-commerce industry in 2019 when he began selling gardening tools and seasonal decorations. He initially sold on Amazon, Walmart, and AliExpress. Shenzhen, where Cai lives, sits at the southernmost pole of mainland China

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Indonesia’s TikTok sellers do roaring trade in hijab, handbags | E-Commerce

Greta

Bali, Indonesia – Like several in his village, Inggit Pambudi and his wife Mudya Ayu earn a dwelling generating and selling headscarves.

The couple are section of the 1000’s of dwelling industries in West Java’s district of Cicalengka, identified as “Kampung Hijab”, or “Hijab Village”.

Cicalengka specialises in modest don, a remarkably sought-right after commodity in Muslim-bulk Indonesia.

Most of Cicalengka’s production caters to brick-and-mortar wholesale markets across the Southeast Asian region but Pambudi and his wife rely on a extra modern day internet marketing approach. As TikTok user Hijab mudy mudy, the few provide their merchandise in livestreams on the preferred movie app 24 hours a day.

“We really do not even have any physical store,” Pambudi, 25, explained to Al Jazeera. “When I acquired that I can livestream and promote my items on TikTok, I considered that it’s a very good option for us.”

TikTok is wildly well-liked in Indonesia, the world’s fourth-most populous state with a lot more than 275 million persons. As of July, the Chinese social media platform noted 106.9 million adult people in Indonesia, producing the state the app’s second-biggest market place immediately after the United States.

TikTok – at first launched as a tunes online video system-cum-social network – entered Indonesia in 2017. Soon after authorities briefly banned the app about articles deemed pornographic and blasphemous, it began storming the country’s lucrative e-commerce scene in 2021, subsequent the launch of its livestreaming e-commerce function all through Ramadan.

Throughout the holy thirty day period, the app’s viewership peaks bigger than regular as a lot of Muslims continue to be awake into the early hours to try to eat their previous food of the day just before fasting.

Oktaviana Tas Grosir employs 10 are living-streaming hosts to promote its goods on TikTok [Courtesy of Regi
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Nissan Lets Sellers Demand, Finance Up To $2,500 On Some Lease Buyouts

Greta

A worldwide pandemic and source chain shortages have led to the most risky automotive sector the earth has ever seen. As these, any point out of bigger costs or new expenses garners interest. Final week we listened to about just such a factor from Nissan, allowing for sellers to increase $2,500 in reconditioning fees to folks wanting to use their end-lease buyout choice. That certainly caught our notice, but as is typically the scenario, it is not really that uncomplicated.

We first listened to about the charge from Cars Direct, but for starters, it can be not a rate at all. Motor1.com contacted Nissan for clarification the automaker confirmed that on March 9, a interaction was despatched to dealerships outlining a new choice by means of Nissan’s finance arm, NMAC. In limited, dealers can now contain a utmost of $2,500 in purchaser-permitted reconditioning fees when funding the lease buyout through Nissan. This applies to Infiniti lease buyouts as well. Beforehand, dealerships were not permitted to do this.

preserve around $3,400 on common off MSRP* on a new Nissan Rogue

 

However, the fees only apply to customer-approved repairs and reconditioning demanded for a automobile to accomplish Nissan/Infiniti Certified Pre-Owned specifications. Lessees can nonetheless choose to acquire the car without the need of getting CPO standing, in which cases, the regular agreement applies.

Listed here is Nissan’s formal statement on the make a difference:

On March 9th, NMAC and IFS communicated to all Nissan and Infiniti dealers a new finance possibility for buyers wishing to obtain their automobile at lease end who also desire to have their automobile qualified for CPO protection. Prior to March 9th, NMAC and IFS would not enable shopper-approved reconditioning expenses linked with the certification procedure to be integrated into the new NMAC or IFS Qualified

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