As the e-commerce market becomes increasingly vibrant, Temu and Shopee are gradually becoming two popular shopping platforms attracting widespread consumer attention. Although both offer convenient shopping experiences, Shopee and Temu have certain differences in their operations and sales policies. In this article, join Antidetect Browser Hidemyacc to discover 5+ differences between these two e-commerce platforms!
1. Temu and Shopee Summary Comparison Table
Shopee has gradually become a household name and popular among Vietnamese users over the past few years. However, in late October 2024, the e-commerce platform Temu officially entered the market, promising to bring a new wave to the domestic e-commerce industry.
The arrival of Temu not only offers more choices for consumers but also intensifies the competition between the Temu and Shopee platforms in Vietnam. Below is a summary comparison table of Temu & Shopee for your reference:
|
Criteria |
Temu |
Shopee |
|
Parent Company |
PDD Holdings |
Sea Group |
|
Market |
European, international, and global markets. |
Southeast Asia, Taiwan, and international regions. |
|
Sales Model |
B2C (Business to Consumer) |
C2C (Consumer to Consumer) & B2C (Business to Consumer) |
|
Pricing Strategy |
|
|
|
Product Source |
International suppliers, primarily from China. |
Domestic and international suppliers. |
|
Pricing Strategy |
|
|
|
Promotions |
|
|
|
Payment |
Uses Visa cards for international payments. |
Diverse international and domestic payment methods. |
|
Shipping |
Low cost or free shipping for international goods. |
Fast shipping within the Southeast Asia region. |
|
Delivery Time |
Depends on international shipping carriers. |
Fast delivery, especially within domestic regions. |
|
Additional Features |
Focuses solely on sales. |
Integrates diverse features like Shopee Live, Shopee Games, etc. |
|
Affiliate Marketing |
Strong Affiliate Marketing network. |
Combines Affiliate Marketing programs with KOLs. |
|
User Experience |
|
|
|
Target Audience |
Global buyers with a need for budget-segment products. |
Domestic and international buyers. |
>>>> RELATED ARTICLES:
What is Temu? How to create a shopping account on Temu
How to register to sell on Temu to make money easily
2. 5+ Must-Know Differences Between Temu and Shopee
To better understand the two e-commerce platforms Temu and Shopee, below are 5 must-know differences. These factors not only affect the shopping experience of consumers but also determine the business strategies of sellers on each platform.
2.1 Market Scale and Scope
According to a report by KrASIA, Temu is experiencing remarkable growth on a global scale, with a total transaction value reaching 20 billion USD in the first 6 months of this year. To date, the platform is present in over 70 countries and consistently leads with 152 million users in the US and countries around the world.
As for Shopee, the platform currently leads in website traffic with 89 million views per month. According to iPrice, the combined total traffic of Lazada and Tiki is only half that of Shopee. As of 2022, Shopee had over 180 million active accounts, over 7,000 brands and distributors, and a presence in 7 countries in the Southeast Asia region.
>>>> RELATED ARTICLES: Detailed and Simple Guide on How to Get Free Temu Products
2.2 Target Audience and User Experience
Both Temu and Shopee target a diverse audience but mainly focus on the younger demographic aged 16 to 35. A key difference with Temu is that it allows children to create accounts and shop directly on the platform. This flexibility helps Temu attract a larger volume of customers, opening up many growth opportunities for the platform in the future.
However, in terms of user experience, Shopee holds the advantage thanks to a friendly, intuitive, and logically arranged interface that anyone can use. Meanwhile, Temu's interface is perceived as a chaotic mix of interwoven text, with images and products overlapping, delivering a poor experience for users.
2.3 Product Quality
Product quality on Temu is often not highly rated due to the lack of official stores, leading to consumer concerns regarding quality. Furthermore, many products are cheap but come with no guarantee of origin.
Meanwhile, Shopee partners with reputable brands and suppliers to create many official stores, helping consumers feel more secure when shopping. Although Shopee also features products from small sellers, the review and feedback system helps customers easily select better quality products.
2.4 Affiliate Marketing and Additional Features
Regarding Affiliate marketing and supplementary features, there are differences between Temu and Shopee as follows:
Initially, Shopee did not place heavy emphasis on using affiliate marketing; it has only started to push this promotional form in the last two years or so. Instead, Shopee mainly focuses on livestream sales. They invite highly influential people to advertise and broadcast live, aiming to attract customers to shop on the platform.
Completely different, Temu has thoroughly utilized affiliate marketing right from its entry into the Vietnamese market. This platform does not hesitate to spend 30% in bonuses for new referrals, which is considered the highest commission rate compared to other e-commerce platforms. From there, Temu can quickly promote its brand widely through social media pages.
>>>> YOU MIGHT BE INTERESTED IN: 8 simple and latest ways to make money from Temu Affiliate in 2024
2.5 Payment, delivery, and warranty policy
Regarding the shipping and warranty policies of Temu and Shopee, there are distinct differences as follows:
Temu attracts users with competitive prices, free shipping, and a 90-day return policy, while frequently offering promotional programs. However, payment methods on Temu currently only support credit cards and Apple Pay, not yet meeting 80% of the cash payment demand in Vietnam. Additionally, the reliance on intermediate shipping carriers causes delivery and return times to drag on.
Shopee supports diverse payment methods, including COD, credit cards, and e-wallets, suitable for Vietnamese needs. With a strong logistics system, Shopee boasts faster delivery times, especially for domestic orders and those from China. Shopee's return and warranty policies are also easier and more convenient for customers to use and experience.
>>>> SEE MORE: Does Temu ship to Vietnam? Temu Shipping Policy
2.6 Market capitalization and valuation
Regarding market capitalization and valuation, Temu is owned by the major group PDD Holdings from China, with a value of approximately 100 billion USD. Meanwhile, Shopee is a subsidiary of Sea Group based in Singapore, with a market capitalization of about 25-30 billion USD as of 2023. When comparing Temu and Shopee in this aspect, it can be seen that Temu has a significantly larger financial scale and potential than Shopee in the e-commerce industry.
Thus, each brand possesses its own strengths, suitable for specific customer segments and development strategies. Hopefully, through the information we compared between Temu and Shopee, you have gained a better overview of these two "giants" in this e-commerce industry. If you have any questions, please contact Hidemyacc for quick support and don't forget to follow us to stay updated with more useful information!
>>>> CHECK OUT NOW:
11 Ways to get Temu discount codes quickly and easily
Guide on how to withdraw money on Temu: Latest detailed instructions 2024
