Top 10 eCommerce Websites

We value this ecommerce website based on Alexa Rank. These are the websites of famous e-commerce corporations in the world. With very large revenue contributing to the world economy. In this article, we will show you about What is eCommerce?, Top 10 eCommerce Websites.

What is eCommerce?

Ecommerce (electronic commerce) is the activity of electronically buying or selling products on online services or over the Internet.

Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

E-commerce is in turn driven by the technological advances of the semiconductor industry and is the largest sector of the electronics industry.

Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle although it may also use other technologies such as e-mail. Typical e-commerce transactions include the purchase of online books (such as Amazon) and music purchases (music download in the form of digital distribution such as iTunes Store), and to a less extent, customized/personalized online liquor store inventory services. There are three areas of e-commerce: online retailing, electronic markets, and online auctions. E-commerce is supported by electronic business. Experience seamless eCommerce integration with reliable web hosting services. Launch your online store effortlessly and start selling today!

E-commerce businesses may also employ some or all of the followings:

• Online shopping for retail sales direct to consumers via Web sites and mobile apps, and conversational commerce via live chat, chatbots, and voice assistants.
• Providing or participating in online marketplaces, which process third-party business-to-consumer (B2C) or consumer-to-consumer (C2C) sales.
• Business-to-business (B2B) buying and selling.
• Gathering and using demographic data through web contacts and social media.
• Business-to-business (B2B) electronic data interchange.
• Marketing to prospective and established customers by e-mail or fax (for example, with newsletters).
• Engaging in retail for launching new products and services
• Online financial exchanges for currency exchanges or trading purposes.

Statistics about eCommerce:

Featured segments such as Fashion, Electronics & Media, Toys Hobby & DIY, Furniture & Appliances, Food & Personal Care. In 2019, The market’s largest segment is Fashion with a market volume of $597,321 million USD.

Top 10 eCommerce Websites

It comes to the end of the blog.

We hope this is useful blog for you.

You can refer to more statistics at https://www.statista.com/outlook/243/100/ecommerce/worldwide/

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