Small retailers struggle as Temu, Shein ramp up Black Friday marketing spend

Small retailers struggle as Temu, Shein ramp up Black Friday marketing spend

FILE PHOTO: Shein and Temu logos are seen in this illustration taken August 22, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Heavy online marketing spending by Temu and Shein is making it more costly for other retailers and brands to reach shoppers on Black Friday, marketing and industry experts say, with both platforms bidding heavily on search keywords used by competitors.