Due to the development of internet purchasing platforms, people are turning away from brick-and-mortar stores and online shopping. E-commerce will generate more than $6.5 trillion in sales by 2023, accounting for 22% of all global retail sales. If you want to increase sales and reduce cost, selling on one of the top eCommerce sites in the world will be a brilliant idea. Sellers can reach more customers in both domestic and foreign markets.
People are moving toward online shopping rather than brick-and-mortar stores because of the increase in internet purchasing platforms.
If you’re thinking about starting an eCommerce company, look to some of the world’s best eCommerce sites for ideas.
Customers are seeking more pleasant ways to buy things, and online shopping is giving it to them. With online shopping, users get to buy whatever they want from the comfort of their homes.
Today, we have some of the best online shopping sites all around the world. The different online websites offer products of different categories such as clothes, electronics, optical, footwear, etc.
Go online, and you will see so many different e-commerce websites catering to your different needs.
However, with so many options you get overwhelmed about which site to go for. Additionally, there is always the issue of credibility.
Let’s find out the top 10 eCommerce sites in the world in this article!
Top 10 eCommerce sites in the world:
Amazon – leader in the top 10 eCommerce sites in the world
Headquarter: Seattle, Washington, USA
Monthly unique visitor: 524.47 million visits
Amazon is one of America’s Big Five corporations, as well as one of the most valuable brands. Millions of customers have clearly made Amazon one of the top 10 eCommerce websites in the world due to convenience and diversity. Books, music, technology, and clothes are among the things sold by the firm. Amazon also provides a number of other services, such as cloud computing and internet streaming.
It has six main business models that merchants can use to sell products on the platform: Private label, wholesale, retail arbitrage, online arbitrage, dropshipping and handmade. Besides, the corporation makes money through marketing services in addition to its primary operation. This platform provides hundreds of various product categories uploaded by retailers to customers. It also allows third-party sales on its websites.
ebay- one of the top ecommerce sites in the world
Headquarter: Bay Area, San Francisco, USA
Monthly unique visitor: 819.46 million visits
eBay is a popular online shopping platform that is one of the top eCommerce sites in the world. Buyers can use the site for free, but sellers must pay to post their things with a limited number of free auctions and to sell them.
eBay is a consumer-to-consumer (C2C) and business-to-consumer (B2C) online marketplace where consumers can buy and sell a wide range of products and services. It is one of the largest worldwide online markets, with over 900 million active members. There are six business models for eBay merchants, including reselling, dropshipping, retail arbitrage, liquidation or surplus, wholesaling and deep niche.
Headquarter: Hangzhou, China
Monthly unique visitor: 601.45 million visits
Alibaba is a worldwide eCommerce organization and retail platform that operates in both the business-to-business (B2B) and business-to-consumer (B2C) markets. Exporters from China and other nations may connect with customers from over 200 countries through the platform. Trade agencies, wholesalers, merchants, manufacturers, and SMEs involved in the import and export sector are common purchasers. Merchants can sell various items such as books, jewelry, gadgets, apparel, food, and much more on this platform.
Besides, custom clearance, VAT refund, trade financing, and logistic services are among the organization’s various import/export supply chain services. Sellers can post their items for free on the website. They also have the option to pay for additional services such as increased site exposure and limitless product listings. Due to its convenience, good policy, and diverse products, Alibaba is considered as one of the top 10 eCommerce sites in the world.
Headquarter: Hangzhou, China
Monthly unique visitor: 510.93 million visits
AliExpress is a shopping online platform in the eCommerce ecosystem of Alibaba group. Consumers from all around the world may buy directly from manufacturers and distributors in China through this global retail platform. AliExpress mainly focuses on international merchants and allows customers from countries such as Russia, the United States, Spain, Brazil, France, and the United Kingdom to shop directly from Chinese enterprises. Due to the large amount visitors, AliExpress is always on the list of the top 10 eCommerce sites in the world.
Like Alibaba’s other eCommerce sites, this platform earns money by collecting commissions based on the transaction value of products sold. The fee varies between 5% and 8% of the transaction amount. Aliexpress, on the other hand, charges a one-time cost of $1500 plus a store fee to launch or update a business on the platform.
Headquarter: Bentonville, Arkansas
Monthly unique visitor: 617.19 million visits
Walmart is a global retail firm headquartered in the United States that owns and manages a chain of hypermarkets, cheap department stores, and grocery shops. Books, music, gadgets, and fashion are among the products for sale on the website. Walmart.com also offers cloud computing and internet streaming, among other things.\
Headquarter: Brooklyn, New York, USA
Monthly unique visitor: 450.35 million visits
Etsy is a famous American website with an international reach. The merchants mainly sell handmade or vintage products and craft supplies. This platform requires sellers an amount of listing fee, but the fee can be as low as only $0.2/product. Besides, they need to pay a commission for every sale.
Etsy has provided merchants with several unique services that they may use for a fee. These are essentially promotional choices such as designating a product as a highlighted product, and so on. Sellers may promote their stores and increase sales as a result. Not only that, merchants can create stores and sell all print-on-demand products or digital painting, templates on this platform. That is why Etsy become an outstanding online marketplace on the top of eCommerce sites in the world.
Headquarter: Setagaya, Tokyo, Japan
Monthly unique visitor: 533.56 million visits
Rakuten Ichiba is a B2B2C eCommerce platform that is the largest in Japan and one of the top eCommerce sites in the world in terms of sales. Rakuten is a multi-category online marketplace and aggregator that offers cashback. Apparel, technological devices, mobile phones, footwear, home décor, and more are among the product categories. It also provides cashback when you shop. Its mobile app is accessible for both iOS and Android devices.
8. Mercado Livre
Headquarter: Buenos Aires, Argentina
Monthly unique visitor: 331 million visits
This platform is the largest online shopping and sales platform in Brazil. Buyers and sellers can meet to exchange information and conduct eCommerce transactions. It also allows sellers to post vehicles, properties, and services in a dedicated section of online classifieds.
Mercado Libre has developed a Global Selling Program that allows American vendors to market their wares across Latin America to work with international sellers. International merchants may sell items in Mexico, Brazil, Colombia, and Chile from a single account. One of the major advantages of this program is that merchants may post and receive orders in USD without worrying about currency changes in their own country.
Headquarter: Beijing, China
Monthly unique visitor: 204.91 million visits
JD.com is a Chinese online retail platform that sells various items such as books, jewelry, electronics, apparel, food, and more. To guarantee that it can maintain stringent quality monitoring, the firm blends its direct sales business model. It controls the whole supply chain, with a marketplace that limits the number of vendors. This is paired with several monitoring techniques to identify questionable items or dealers.
Headquarter: Minneapolis, Minnesota, USA
Monthly unique visitor: 282.48 million visits
After Walmart, it is the second-largest retailer. It operates 1,800 stores across the United States as a whole. Target’s online shop sells everything from groceries to hygiene goods, as well as clothing, electronics, furniture, and interior design. Its store network, along with online activities, offers shoppers a diverse choice of items at affordable rates while preserving convenience.
What do Top eCommerce sites in the world have in common?
The top 10 eCommerce websites in the world are listed above. As you can see from this list there is a vast range of different types of stores with varying focuses on merchandise categories like women’s clothing or men’s shoes.
So, these are the top 10 eCommerce websites in the world that have promoted online shopping in today’s time. These websites are reliable and offer some top-quality products at great prices. This is probably the reason why these websites have managed to bag spots in the top 10 eCommerce websites in the world.
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