E-commerce has transformed the way shopping is done today. The electronic commerce conducts activities on the internet. It refers to buying and selling on the internet. It uses an app or a website to display lists and product categories available with them. It offers product features and allows seamless purchasing for online buyers. Numerous sites have entered the market and are incredibly competitive.
Now, check out the list of the top e-commerce companies that have taken over the world.
Founded by Jeff Bezoz, Amazon is one of the largest online e-commerce companies in the world. Amazon has its headquarters in Seattle. It employs a cloud technology platform and offers its products/services over the World Wide Web.
Initially, it sold films, books, and TV shows. Nowadays, it provides a range of products including food, electronics, clothing, fashion, grocery and more. One can find a variety of products and also in the festivities.
Innovative online retail by Amazon is Amazon Prime. It is a subscription service, and it offers to ship unlimited in 2-days from the ecommerce store. It has been adding new offers such as music and video streaming, early access to certain items, exclusive access to certain things, unlimited cloud storage for photos, ebooks and much more.
Alibaba is often known as “the Amazon of China.” Jack Ma started it in 1999 with a vision to make it the sizeable online ecommerce marketplace. Not only does it help the consumers, but it is also great for retailers too. It has surpassed Google, Amazon, and Microsoft in many areas. Whatever product you may like to buy, you will find it on Alibaba with more than one vendor offering you many versions.
It has almost everything on it. Just think of it, and it is there as movie and music streaming, microblogging, movie production, online learning, mobile apps, online learning, and much more. It can be accessed from any part of the world at any time via digital media and cloud computing. Presently, it is operational in more than 200 countries.
Alibaba has more platforms such as Alipay, Aliexpress and Taobao.com and more.
One of the pioneers in online shopping is eBay. In 1995, it was started in San Hose, California. The most exciting feature is the online auction with an innovative shopping option buy-it-now. The platform is known for providing B2C and C2C business transactions. The users can sign in, place an advertisement for their products for selling so that other people can make a selection.
One can find a variety of products to choose from. The uniqueness of this platform is in the bidding feature. The bidder with the highest bid can buy the outcome of his choice.
About 80% of the items on sale are new, and 89% are sold at a fixed rate. The company bought Flipkart to handle its online operations in India as a tremendous growth opportunity in the subcontinent.
The former Buy.com is now Rakuten, named after the company that bought it. Hailed as the Amazon of Japan, it is the major ecommerce marketplace in Japan. About 90% of internet users are registered on it. It has bought many umpteen foreign assets which have been successfully converted into overseas branches.
Rakuten is the official sponsor of Golden State Warriors, FC Barcelona, Spanish Football Club, and an NBA Franchise. It is now all set to challenge the most popular streaming service, Netflix after purchasing Spanish streaming service, Wauaki.tv.
It offers big brands like Amazon and is working actively in other countries such as Brazil, the US, UK, and France. It is also working in areas other than internet banking and credit card provider and not just logistics and retail.
Zalando is based in Berlin. The German-based company focuses on fashion and shoes selling on the internet. The company’s official logo looks like a guitar pick. Besides style and shoes, the company sells coupons, vouchers and gift cards to lure online customers.
A customer can pick and order products of his choice and get the benefit of absolutely free delivery with a return or exchange policy as and when applicable.
Zalando has approximately 700 visitors visiting the website in every quarter as it is operational in more than 15 countries around the world.
These companies are the 5 top besides others posing a real challenge to the existing ones. However, you must have impeccable internet service from Acanac or others to enjoy shopping on these websites.