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Here's how shopping on Wish, the $8.7 billion site that sells Chinese goods at rock-bottom prices, compares to Amazon (AMZN)

Amazon v Wish thumbnail
  • Wish is a platform that nearly exclusively sells goods produced in China for rock-bottom prices.
  • The company's CEO told Forbes this month that he rebuffed possible acquisition interest from Amazon in 2016.
  • Wish and Amazon are on different ends of the online-shopping experience spectrum. Here's what it's like to shop with both.

For those used to purchasing on large online shopping websites, Wish can be a bit of an adjustment.

None of the merchandise looks particularly attractive, and the prices are rock-bottom. Some items are literally free and only require paying for shipping. It's like an online dollar store for buying things from online merchants in China.

Started in 2010 by CEO Peter Szulczewski, a former Google engineer, the site has grown to pull in$1.9 billion in sales, as of 2018, and was valued at $8.7 billion in its latest round of funding, according to Forbes .

Competitors have taken notice of that success. Szulczewski told Forbes earlier this month that he rebuffed possible acquisition interest from Amazon in 2016. An Amazon spokesperson told the magazine that the company does not comment on speculation.

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There are, of course, problems with this model. Wish doesn't sell anything directly, and some third-party merchants will end up switching out products with a cheaper model, or even send an empty package. Quality assurance is difficult, and wait times from order to receipt can be lengthy for customers. Negative reviews of Wish are spread far and wide across the internet .

I shopped for similar products from Wish and Amazon and saw just how different the experience can be:

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Wish is far from the everything store. It takes a gimmicky approach to commerce, trying to make consumers feel special through psychological tricks. The products it sells also seem untested and suspect. Cheap, but potentially not even worth the low prices they're being sold for.

On the other hand, it's clear to see why Amazon has grown to own more than half of the online shopping market with its massive selection and sleek interface. However, there were problems there, too. It's clear the ads experience on Amazon.com has gotten out of control between sellers vying for sales and Amazon putting its private labels in front of customers.

For my money, Amazon is the one I'm willing to bet on.

See Also:

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SEE ALSO: Jeff Bezos has said that Amazon has had failures worth billions of dollars here are some of the biggest ones

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Email: news@pulselive.co.ke

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