Amazon debuts discount store with everything under $20 to take on Temu and Shein
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Amazon has launched a new discount webstore called 'Amazon Haul' to compete with Temu and Shein. The store offers a wide range of products priced under $20 and is accessible via Amazon's mobile app.
November 13, 2024 | 3:00 pm
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POSITIVE IMPACT
Amazon's launch of 'Amazon Haul' aims to capture market share from discount retailers like Temu and Shein by offering products under $20.
The launch of 'Amazon Haul' is a strategic move to attract budget-conscious consumers and compete with popular discount retailers. This could potentially increase Amazon's market share and revenue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100