@slippinjimmy wrote:
One thing I rarely see mentioned is the "Temu effect", Temu is sucking up buyers and their money like a mega vaccum. They are taking all of that away from all the other ecommerce sites especially Amazon, Walmart and eBay and maybe to a lesser extent etsy.
The full Temu effect as far as eBay user numbers probably won't show up until later this year when buyers that have moved there in 2023 start entering the "no activity in the past 12 months" zone.
SHEIN is another in textiles, but yeah my friend... Web competition has grown up with a variety of models. Other POS like WhatSnot <--- HA! Poshiegra' etc. That atop the big retailers now all going "Web is Frontline" versus sideline, yeah... Been saying it for months, "Competition for the dollar."
In Brick & Mortar their applying AI across store, regional demand to cut down or ramp up towards overstock or under supply in retail store backends, warehousing and more. AI is being developed by handfuls of development houses around the globe to identify retail arbitrage literally taking video and recording of people at retail locations. AI compares to other retail outlets like say Three Walmart or Best Buy stores and that becomes yet another gray area. Sure they can reserve the right to do business but the step farther becomes very gray.
If Gamestop sent employee's raiding Walmart Game whatever sales then turn around and resell that online or in stores that's a predatory practice. Yet online, me going to Walmart snarfing up the Black Friday Game Specials and listing them out at Amazon is a what? Amazon didn't send me to Walmart but the exact same reasons WHY its deemed predatory between Walmart and Gamestop example exist yet I am the predator per se.
Now I've also read that there's some sorts of toying with QR codes to identify where product ends up. But when you think about ok, "QR Code for Walmart #477" gets printed on boxes? That makes NO sense at all or perhaps even domain related, Domain #32 encompassing Boston and outlaying areas. Still makes no sense. What happens products delist? Pretty unlikely everything gonna be destroyed or packaging strip go on right? Back in the day some that happen, probably still does.
For example when we'd been in the PC Software delist channels ya see those requirements of us or things come to us stripped of retail packaging. In other words we be told by the publisher that if you buy any of these you need strip retail packaging or make sure the retailer pricing labels are gone as sometimes those affixed right at point of manufacturer, Walmart that was common same with CompUSA. That is to say unsold mastercases of product returned to publishers distributor as it all consign under Net terms complete master cases not even opened, still sealed. So we buy and it comes with CompUSA pricing tags all over it that we'd have to strip off.
Now that said I've asked some PolyTickle's just out of my own curiosity about arbitrage numbers which I understand be a rather hard gig to come up with amounts. I've only one response and that data I was told is a 2018 estimate between 30 and 40 billion dollars and this is major retailers not minors, thrifts etc. To me that seems rather high but... Well but?
Your a smart fella, think that number out of the question? Obscene? Wonder what it is now?
mam98031 • Volunteer Community Member • Buyer/Seller since 1999
