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The My Wife Quit Her Job Podcast With Steve Chou

526: Temu Is Killing US Businesses! Is Yours Next?

The My Wife Quit Her Job Podcast With Steve Chou

[email protected]

Marketing, Business, Entrepreneurship

4.81.4K Ratings

🗓️ 18 March 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

According to Wired magazine, Temu is losing hundreds of millions of dollars to send you cheap stuff from China in order to grab mass market share from US shoppers and it’s working. But is it affecting US ecommerce companies? Listen to this episode to find out What You’ll Learn What is Temu? How has Temu been growing so fast? Will Temu destroy ecommerce in the US? Sponsors SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab Your Ticket. The […]

The post 526: Temu Is Killing US Businesses! Is Yours Next? appeared first on MyWifeQuitHerJob.com.

Transcript

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0:00.0

You're listening to the My Wife Quitter Job podcast, the place where I bring on successful bootstrap

0:03.9

business owners and delve deeply into what strategies are working and what strategies are not with

0:07.9

their businesses.

0:08.9

Today I'm doing a solo episode to talk about Timu, and how it's affecting e-commerce businesses in the

0:14.5

United States. Is Timu going to take over? Is it game over for e-commerce?

0:18.5

Well listen on to understand what's going on and what you can do about it. But before I begin, I wanted to let you

0:24.1

know that tickets for the 2024 Seller Summit are almost sold out over at seller summit.com.

0:29.8

The Seller Summit is the conference that I hold every year that specifically targets e-commerce

0:33.4

entrepreneurs selling physical products online.

0:36.2

And unlike other events that focus on inspirational stories and high-level BS, mine is a curriculum-based

0:41.1

event where you will leave with practical and actionable strategies

0:44.3

specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their business.

0:50.0

Entrepreneurs who are importing large quantities of physical goods and not some high-level guides who are overseeing their companies at 50,000 feet.

0:57.0

I personally hate large events, so the Seller Summit is always small and intimate.

1:01.0

Every year we could have ticket sales in around 200 people, so tickets sell out fast,

1:04.7

and we've sold out every single year for the past eight years.

1:08.0

Now if you're an e-commerce entrepreneur making over 250K or 1 million dollars per year. We also offer an exclusive mastermind experience

1:15.2

with other top sellers, but as of right now we actually only have five of those tickets left.

1:19.3

The seller summit is going to be held at Fort Lauderdale, Florida from May 14th to May 16th.

1:24.3

And right now, this is the last time you're going to be able to get your tickets because they're

1:27.1

almost sold out.

1:28.1

Also, if you haven't picked up my Wall Street Journal best-selling book, The Family First

...

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