Watch out, Temu: Amazon Haul, Amazon's new discount store, is coming for the holidays

Watch out, Temu: Amazon Haul, Amazon's new discount store, is coming for the holidays

Nov 26, 2024 - 13:45
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Watch out, Temu: Amazon Haul, Amazon's new discount store, is coming for the holidays

Amazon has launched a new shopping service, Amazon Haul, which touts low-cost items of $20 or less – a move to counter the growth of Chinese discount shopping sites Temu and Shein.

Shoppers can browse Amazon Haul on mobile devices in the Amazon app, the online retailing giant said in an announcement Wednesday. The products, which include fashion, home, lifestyle, and electronics, are unbranded and come from sellers across the world that Amazon has vetted.

A majority of the products are priced at $10 or less, and some are priced at $1.

“Finding great products at very low prices is important to customers, and we continue to explore ways that we can work with our selling partners so they can offer products at ultra-low prices,” Dharmesh Mehta, Amazon's vice president of worldwide selling partner services said in a statement.

The path that led to Amazon Haul

Amazon had recently touted its strategy of leaning into the increased sale of lower-priced everyday items to offset a slowdown in big-ticket items – and as a way to counter sales diverted by online discount marketplaces like Temu, a Chinese-owned site based in the U.S., and Shein, founded in China but based in Singapore.

There had been hints that Amazon had its own discount marketplace in the works, too, to escalate its strategy.

"The launch of Haul is a defensive move on Amazon's part to match Temu and Shein's compelling value proposition of very low prices with slower delivery," Sky Canaves, principal analyst on retail and ecommerce for research firm eMarketer, told USA TODAY. "While Amazon's dominant position in U.S. ecommerce remains unchallenged, it has undoubtedly lost some share of consumer spending to these newer platforms when it comes to inexpensive, unbranded products."

Amazon's U.S. traffic remained "fairly stable with slight growth" at 236.1 million unique visitors in September 2024, according to eMarketer.

In comparison, Shein, at 52.5 million, "has been growing fairly steadily," Canaves said. Temu's traffic "has dropped off quite a bit from its peak of more than 93 million visitors in June 2023 and has stabilized around the current level" of 71.5 million, Canaves said.

What is for sale on Amazon Haul?

Amazon Haul focuses on low-priced items of clothing, home goods, lifestyle products and electronics. Here are some items you will find in the marketplace:

  • Three-piece trimmer razor set ($2.99).
  • Colorful holiday table runners ($2.99).
  • An iPhone 16 case ($1.79).
  • A women’s elastic stretch cinch belt ($1.99).
  • Touchscreen winter gloves ($3.21).
  • Elegant necklace, bracelet, and earring set ($2.99).
  • Two-pack of kitchen/grilling tongs ($4.99).

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Octavio Smith Unveiling the Truth, One Story at a Time As an experienced journalist with a passion for storytelling, I delve into the depths of complex issues, unraveling the truth and shedding light on the world around us. My pen is a beacon of integrity, holding the powerful accountable and giving voice to the voiceless. Through investigative reporting, thought-provoking analysis, and compelling narratives, I strive to inform, inspire, and empower my readers. Follow me for: Breaking news and in-depth analysis Unbiased reporting and fearless commentary Human-interest stories that touch the soul Investigations that uncover hidden truths Interviews with thought leaders and newsmakers Join me on this extraordinary journey of discovery and enlightenment. Together, let's shine a light on the world and make a difference. #Journalism #TruthSeeker #Storyteller #UnveilingTheTruth #EmpoweringThroughInformation