The 12 Most Successful eCommerce Companies In The World
“Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier, wish you were better.”- Jim Rohn
This is the differing factor between a successful and an unsuccessful person. Success is not achieved in a day. Only those who can persevere until struggle becomes history can actually have a taste of success. They are people who are willing to do the little extra things that others refuse to do.
In e-commerce, there are so many players and a few winners. The transaction of business online is a field that a lot of people crave for. Many rush into it and then, they rush out of it. Howbeit, some people keep staying true to the business. This has earned them the trust of many customers and a vast popularity in the world.
The number of successful e-commerce companies world-wide is definitely more than 10. However, in this article, we will only give a compilation of 10 out of these successful e-commerce companies. This can serve as an inspiration for upcoming, as well as, small scale e-commerce business owners as well.
Amazon
This company was established by Jeff Bezos in 1994. Its head office is in Seattle. It is the biggest retailer in the world. Cloud technology is what they use for running their operations. At the onset of their business, they sold books, films and reality TV shows.
At this moment, Amazon has metamorphosed into a grand edifice. It has become a house of many products. Their products now range from food to clothes and many more. It has a website and online app which makes it easy for customers to shop.
Amazon customers also have the privilege of multiple choice online payments and they can also return products if they are not satisfied, as well as get a refund. Due to the excellent performance and consistency, the site can boast of visitors from over 100 countries in the world.
Alibaba
Alibaba was founded in China in the year 1999. They render services to countries across the world. Their use of standard cloud technology and digital media has constantly kept them at the top in world rankings.
Alibaba group owns and operates many successful eCommerce companies like Aliexpress and Lazada Group.
Walmart
This is synonymous to the regular Walmart store. They provide variety of products as well as friendly services at very affordable prices. The headquarter is situated in San Francisco. They are well known for the quality gift cards they sell which can be managed via the website.
Walmart group owns and operates many successful eCommerce companies like Flipkart in India, Jet in USA, Sam's Club wholesale chain and many more.
eBay
eBay was originally named Action Web. The name was later changed to eBay because it was the name of its parent company. eBay’s first item for sale was a broken laser pen which was sold for $14.83.
This online store is very famous for its bidding system. It allows people to bid on a product and the highest bidder gets the product. eBay is a retail platform that generates income from little shares accumulated from sales on their website. The site has also invested in businesses like Flipkart in India and Paypal. It is one of the best e-commerce businesses in the world.
PayTM
PayTM was initially started in August, 2010 with just payment processing company but over the period of time it got expanded into wide range of categories including travel. movies, event booking, utilities like electricity and house tax, etc.
As of January 2018, PayTM values more than $10 Billion USD and its also planning to launch its own financial trading platform.
Jingdong
Just like the name sounds, this beauty sprung up from Beijing, China with a ding dong! It began operations in 1998 and by 2004, it began online transactions. Despite its small size, big companies still see it as a stiff competition. In 2017, it had more revenue than Alibaba (137,000-65,000).
Their main focus is in technical delivery. They are even on a mission to create drones to help them deliver system network to rural areas. Jingdong is definitely a force to reckon with in e-commerce.
Priceline
Priceline.com is one of the top e-commerce companies based in Connecticut. It is mainly used for hotel bookings, airline tickets bookings and car rental services.
When customers do a total package booking of all their services, they offer coupons and bonuses to them to keep them interested in the website. This strategy has helped them to stay relevant in the world of e-commerce.
Home Depot
This is the largest home appliances retail platform. It has about 2000 physical stores, 40,000 employees and around $80 billion in revenue annually.
From its origin in Atlanta, it has spread to Mexico and Canada. Its customers order their products from the comfort of their homes and they receive their deliveries from the website’s physical stores. They are well known for selling items which are useful in the home. The store also provides supplies for movie industries like Marvel.
Otto
This is a European website. It is known for its ability to follow evolving trends in technology and offering up to date services. They sell almost everything you need. The site also keys into the concept of partnering with several top notch companies in a bid to keep growing.
From a small shoe retail shop in Hamburg, it has grown into an International Group of Companies which has spread its tentacles into Asia, South America and even North America. It is one of the top e-commerce companies in the world.
Zappos
This online store is a main dealer in shoes. It was founded in 1999 by Tony Hsieh without any external investment. The only aim of the website is to provide customers with a wide range of shoes to choose from at affordable prices.
They do not charge shipping fees, purchase fee or return fees. If they deliver shoes to you and you don’t like them, you can return them and get a refund. The company is solely owned by one man who has constantly refused to sell out even a part of his business to any other e-commerce companies.
At Zappos, only highly qualified people are employed as workers. This is because the company aims at giving customers maximum satisfaction.
Rakuten
Rakuten was formerly known as Buy.com before it was bought by Rakuten.com. It is one of the biggest e-commerce companies in Japan. It is also the official sponsor of football clubs like Barcelona FC.
It began its journey into online business by partnering with Walmart. It delivered groceries to Japanese families using the name Walmart-Rakuten. Gradually, it found its own feet and stood on its own.
Its recent purchase of Wauaki.tv has made it a big rival to Netflix. It also is involved in the Bitcoin payment processor business. It has become one of the top e-commerce businesses in the world.
Jumia
It is one of the biggest e-commerce companies in Africa. It was initially launched in Lagos in 2012 and expanded to 14 different countries in Africa. It has partnered with 50,000 plus local african companies.
There are many eCommerce companies which grown very successful but not able to cover them into this articles but at-least like to name them for more learning.
Uber : Ride Sharing Marketplace
AirBnB : Rental Home Marketplace
Doordash : Food Delivery Marketplace
Etsy : Marketplace for Craft/Art Items
And many more...
Your small online store can be the Amazon or PayTM of tomorrow if you follow the right concepts and never give up on it. Keep doing your mini business by looking up to big companies like the above mentioned and you will have a maxi online business tomorrow.
06/06/2023 - Terry Harrison
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