Amazon using toothpaste and detergent to deal with its two big Chinese problems
- Posted on November 2, 2024
- By Business News Today
- 5 Views
Amazon using toothpaste and detergent to deal with its two big Chinese problems
Amazon's move to sell everyday essentials has increased sales and customer frequency but decreased average selling prices. This strategy is a response to competition from Chinese retailers Shein and Temu. By leveraging its logistics network and investing in technology, Amazon aims to maintain its competitive edge while balancing low ASPs with high-margin products.