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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "The Death Spiral of China’s Live-Stream E-commerce: 150M Accounts, 90% Unprofitable,60% Closure Rate" video.
Costco has a team of people working hard to ensure quality and the lowest price. Don’t tell me some random people can replicate that process. Chinese people only learned the bad parts of capitalism. Brands still mean something in the US. Maybe a bit less to the newer generation.
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I will re-up my prior opinion. It’s the most inefficient form of shopping. There was a reason this type of shopping was shown in the middle of the night. Just weird how society goes backwards when better methods are available.
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@fdm2155 No, I mean inefficient for the shopper.
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Can you imagine if you went to a website and they didn’t tell you the product they sell? Only every 3 minutes a single product would pop up. And, you couldn’t skip the product, but had to wait another 3 min for a new random one? This is live-streaming shopping.
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