Has any Temu supplier made money? How to settle Temu payment?

Temu's suppliers can sell products directly to consumers through the platform, without the need for middlemen to make a profit, thereby increasing their profits. However, do Temu suppliers really make money? Let's take a look at some data and cases.

1. Has any TEMU supplier made money?

According to TEMU official data, as of June 2023, there are more than 100,000 suppliers on the TEMU platform, of which more than 80% are farmers or cooperatives. The average monthly income of these suppliers is 5,000 yuan, which is 30% higher than traditional agricultural product sales channels.

In addition, temu also provides suppliers with a series of services and support, including logistics, warehousing, packaging, training, quality inspection, marketing, etc., to help them reduce costs, improve efficiency and enhance competitiveness.

In addition to official data, we can also look at some successful cases of temu suppliers. For example, Mr. Zhang is a watermelon farmer who joined the temu platform in 2022 and started selling his watermelons online.

He said that through the temu platform, he can communicate directly with consumers, understand their needs and preferences, and thus adjust his planting methods and varieties.

He also said that the logistics speed of the temu platform is very fast, which can ensure the freshness and quality of watermelons and satisfy consumers. Mr. Zhang's watermelons are very popular on the temu platform, with many orders every day. His monthly income has increased from 3,000 yuan to 8,000 yuan.

2. How to settle the payment for Temu?

temu is a professional cross-border e-commerce platform that provides sellers with convenient, safe and efficient payment settlement services. The payment settlement method of temu has the following characteristics:

1. Instant settlement: After the buyer pays, the order on the temu platform will reach the seller's account in real time, without waiting for platform review or logistics confirmation.

2. Multi-currency support: temu platform supports multiple currency settlements, including RMB, USD, EUR, JPY, etc. Sellers can choose the appropriate currency settlement according to their needs.

3. Exchange rate discount: The temu platform uses real-time exchange rates to calculate the payment amount, without charging additional exchange rate differences or handling fees, saving costs for sellers.

4. Security: The temu platform uses advanced encryption technology and risk control systems to ensure the security of sellers' accounts and funds, and avoid fraud and risks.

The payment settlement method of temu cross-border e-commerce platform provides sellers with more choices and convenience, allowing sellers to focus more on product sales and customer service. If you want to know more about temu platform, please visit our official website or contact our customer service.

It doesn’t mean that all temu suppliers can make money. It also depends on their products, services, prices and other factors. However, if you have high-quality fresh products and want to expand into the e-commerce market, then the temu platform is a good choice.

Recommended reading:

Does Temu's pricing include shipping costs? What shipping costs do Temu sellers bear?

How do Temu sellers set prices? How do Temu sellers set prices?

How is the profit of Temu sellers calculated? How is the commission of Temu operators calculated?