How Does SHEIN Keep Prices So Low?
SHEIN keeps prices low by cutting out the middleman and selling directly to consumers through their website and app. They also source materials and manufacture in countries with lower labor costs.
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SHEIN's strategy is all about high sales volume with low profit margins per item. They rely on selling a lot of stuff quickly rather than making a big profit on each item.
Fast fashion at its finest! SHEIN leverages super-efficient production lines and frequently updates their inventory, so they're always selling stuff that people want.
They've got some insane supply chain efficiency and buy in massive bulk, which drives down costs. Plus, they use data-driven design to create what鈥檚 trending, reducing waste.
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