AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
51sec snip
Money Talks: Why Amazon should be afraid of Temu
Money Talks from The Economist
Focusing on Convenience Over Price Competitiveness
When competing with players like Amazon, focusing solely on price competitiveness may not be enough. The key to success lies in offering convenience to customers, such as fast shipping and fulfillment options. Smaller players like Etsy have struggled to acquire customers by solely offering cheap prices, indicating the importance of prioritizing convenience and customer acquisition costs in the competitive market.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode