E-commerce is a popular business. It is a business that has grown from nothing. It is a business that was created after the commercialization of the internet. Over the years e-commerce started becoming extremely popular. It has changed the way we purchase things and how countries conduct businesses. Among the many e-commerce sites available on the internet, there are some that are more popular than other. When a site is popular, it results in the sight growing and traffic increasing. For people to use a certain site, there needs to be a unique service over the competition. Further, this service has to effective and consistent to have them return to the site. The below sites have encompassed this type of service and gone on to become some the most popular e-commerce sites on the internet.
Amazon.com is an e-commerce site founded by Jeff Bezos in 1994. The company was initially named Cadabra but was later changed to Amazon as the name sounded exotic to Bezos. The company first sold books online. Within 2 weeks, Amazon enjoyed sales of over 20,000 USD per week. Thereafter, the company started expanding and more products were added into the portfolio. This allowed the company to grow tremendously. Today, Amazon is the largest retailer in the world, surpassing the likes of Walmart. The company has also become one of the largest IT companies and branched into other IT businesses as well. The company sells many products ranging from furniture to tamiya airbrush, paints and spray and electronic items.
Alibaba is an e-commerce company headquartered in Hangzhou, China. It was founded by Jack Ma as a portal for Chinese suppliers and manufacturers to meet foreign buyers. Alibaba has greatly benefitted the Chinese economies and is one of the largest and most valuable retailers in the world. The company has over 550 million active users monthly with many large bulk orders. There are many products from Tamiya 1/32 1/48 1/72 aircraft planes to many electronic products to cheap miscellaneous goods. Alibaba’s success is largely due to its target market. Further, the company has grown and branched into the entertainment industry as well.
eBay was founded by Pierre Omidyar in 1995. Unlike most other sites, eBay operates differently, offering bids to purchase items. This has allowed eBay to remain a unique site. One of the first products sold on eBay is a broken laser pointer. When Omidyar had inquired the buyer regarding this, the buyer simply replied, he collected broken laser pointers. eBay, generally charges the seller when listing the item and thereafter after selling the item. This way, eBay remains a relatively ad free experience.