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From the revenue structure chart, the user quality of Dollar Tree and DG, It’s even worse than Temu, which means the latter can easily cover the former’s user base. How does a Bside product manager quickly get started with new business? When joining a new company or being responsible for a new business, how can a Bside product manager quickly get started with the new business so that he can enter the work process more smoothly? View details> Competing for the same consumer group is often the most essential reason for business competition.
Another evidence that confirms this is that in an interview with the Wall Street Journal in , Todd Vassos, CEO of Dollar Group, also described the core cus Armenia WhatsApp Number tomers of the Yuan Store women, dualincome families , annual pretax income is , employment is stable, but salary growth fluctuates this year, her disposable income is about , which is per year she is very sensitive to price changes she may own a smart phone Cell phone she probably doesn't have Amazon Prime. It is not difficult to find that the descriptions of core users by Yiyuan Store executives almost completely overlap with Temu’s user portraits. The sinking market is a gold nugget, and in the United States, it still has high mining value.
In the past few years, under the background of the middle class is shrinking and Americans are getting poorer, several dollar store brands in the United States have been doing well. income held by middleincome earners in the United States fell from to . In , the wealth of the wealthy was three times that of middleincome households. By , that number had grown to seven times. According to the Census Bureau, at least million Americans were living in poverty by the end of , accounting for of the total population. A resident who settled in New Jersey, USA, told us, It is precisely because the gap between rich and poor in the United States is very large. Temu still has opportunities to do business in the sinking market.
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