E-commerce is one of the biggest industries. Since its inception the industry has continued to grow with no slowdowns. There are many e-commerce sites in the world. Every country has its own sites and there are international sites that cater to the world. It is also not an industry that is easy to penetrate. There’s a lot of planning and keeping records of stocks along with pricing and shipping that is involved.
Today there are some e-commerce sites that are world renown. These sites have been there for a few years and have grown due to excellent services and innovative ideas. Even though these sites do buying and selling, they do it in a different manner. They have different audiences and different products being sold. Here’s a list of the biggest e-commerce sites in the world.
Amazon was founded by Jeff Bezos as an online book store. It was never planned to grow as it has done today. Initially there were good sales because the books were sold in bulk and there was continuous demand. This motivated Jeff Bezos to expand the company by adding a few more items to sell. In this case, little by little more items were sold. With buyers’ confidence increasing so did sales. Today, Amazon sells all of kinds items ranging from CD’s, Blu rays, electronics, jewelry, furniture, music, toys and many more. The company has surpassed Wal-Mart to become not only the biggest online retailer but also the biggest retailer in the world. Their operation expands to many countries with many http://www.specializedstorage.com.au/warehouse-racking.php all over the world.
eBay is another e-commerce website that was a success story of the dot com bubble in the 2000s. The company was founded by Pierre Omidyar who was a French-American who became a billionaire at age 31 in 1998 during eBay’s initial public offering. The company has seen vast growth and caters to individuals and companies alike. eBay chargers the seller for offering items on the site and charges them again when selling the item. This system is different than what Amazon uses and unlike Amazon operated in a completely different manner and they do not require mezzanine floors and warehouses as long as there’s buyers and sellers. eBay is more of an auction site than anything else.
Alibaba is an e-commerce site founded by Jack Ma in 1999. It is the web portal that allowed Chinese sellers to meet international buyers. The site is mainly a portal for business to business service. Along with that the site also serves individuals as well. The company is one do the biggest and most valuable companies in the world. Other than e-commerce the company has been able to diversify successfully into other areas such as cloud computing, even beating out companies such as Google, Amazon and Microsoft.