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Why Amazon challenger Temu is so addictive to shoppers

Inside Retail

Value Many Australians might associate “made in China” with cheap price tags and low quality. Temu claims it can offer these prices as a result of cutting out the middlemen in the supply chain. In the first month after its launch in the US, Temu invested some US$200 million in advertising and planned a US$2 billion budget for the year.

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Jason & Scot Show Episode 274 – Warby Parker and AllBirds file S-1 prospectus for IPOs

Retail Geek

Except for that sgna line and all the expensive advertising that they’re having to do which is ultimately driving that those those net losses. I don’t plan to make money and we may never make money so yeah so I think it’s actually. So those were kind of my big. [13:31]