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The Real Reason Wish Products Are So Cheap
Interested in purchasing a 12-foot long pool floaty, underpants for your dog, butt pads, presidential toilet paper, or fake teeth? Look no further than the shockingly cheap e-commerce app, Wish, where all of your outrageous shopping dreams can come true.
For the less adventurous shoppers, the site also offers more typical wares like gadgets, accessories, and clothing.
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Most items are marked down 80 or 90 percent off of their original price, making them incredibly appealing to the frugal shopper.
Open the shopping app Wish and you'll be greeted by a vast array of stuff you don't need: 12-foot-long pool floaties, whimsical toilet brush holders shaped.And even though the items sold are so cheap, the company saw a huge increase in its 2018 revenue, pulling in approximately $1.9 billion that year (via Vox).
But how can Wish practically give all of their items away?
With each product sold, the company only receives a cut of 15 percent of the sale, meaning that they sold a lot of products to cross that billion dollar mark. Here's how they can still make a profit off all that cheap stuff.