Wednesday 3 September 2014

Top 10 Online Shopping Stores in the World

top 10 online shopping websites Top 10 Online Shopping Stores in the World
Online shopping has become extremely popular these days, especially in developed countries. This is mainly due to the inconveniences faced by people when shopping in a supermarket. It is busy, it is tiring and hectic, and it is sometimes over priced. As a result, more and more people are now buying products online to save themselves all the trouble. In the year 2011, online sales crossed more than $230 Billion in the U.S alone! And approximately 83% of the people in North America have used online shopping at some point. Such big numbers means that online shopping has evolved into a huge market, and it is growing fast!
Online stores that have established themselves are making tonnes of money off this market. And many relatively newer players have entered the fray as well. Unfortunately, that also means that there are tonnes of scam and fraud websites that are stealing money from credit cards. You don’t need to worry about this though. It’s our job to find reliable and legit eCommerce websites for you. Your job is just to head over to these sites and shop! So here are the top 10 online retailer stores in the world!

1. Amazon

Amazon in the oldest online shopping portal and it started in 1995. Its name is in conjecture with what it does; a large eCommerce company named after one of the largest rivers in the world. Amazon deals with all kinds of new and used products, including gadgets, books, clothing items, even vehicles. Amazon is based in Washington, from where it operates all around the world. Apart from eCommerce, Amazon also has its own range of eBook readers-cum-tablets, aka the Kindle Family. It’s revenue is estimated to be more than around $35 billion.

2. eBay

eBay is the next best thing to Amazon. Or perhaps they are on equal footing. eBay is the world’s largest auction and classified website. You can buy new and used products, as well as sell your old products at an auction. eBay is estimated to be worth around $10 Billion, which is quite good. It is also one of the oldest online company which started operation in 1995. Now, it has dealings in over thirty countries, making it the biggest auction portal in the world. You can virtually find everything in here.

3. Walmart

Walmart is a very old company. It has been around for the past 50 years! It started in 1962 as a chain of retail stores people could buy groceries and other stuff at a discount price. Now, Walmart is an online store as well, besides being still a chain of retail stores in major countries all around the world. Its estimated worth is a staggering $425 Billion, which makes it one of the largest and richest companies (of any type) in the world! There is a lot to choose from their merchandise, such as gadgets, electronics, clothing, toys, gifts etc.

4. BestBuy

One of the best electronics retailer in the world. Products range from gadgets, laptops, DVDs, LCD screens, tablets etc. It has an estimated worth of around $50.3 Billion, making it one of the richest online stores in the world.

5. Target

Target was found back in 1902 by George Dayton. It is the second largest retailing company, biggest being Walmart. It is also one of the most popular shopping website which can ship within USA Peurto Rico. It is currently being headed by Gregg Steinhafel who is the president, chairman and CEO of the company. USA and Puerto Rico. Target has a fortune of $67.4 Billion.

6. Alibaba

Alibaba is a Chinese based eCommerce company that relatively recently came into play in 2007. It is also earnings millions, and is among the top 100 websites in the world.

7. NewEgg

Established since 2001, NewEgg has made its reputation in dealing with some of the best computer related products such as hardware, software, DVDs, games, accessories, and other gadgets. Worth around $2.3 Billion, this is a relatively small company. But size isn’t always a deciding factor.

8. Macy’s

Macy’s is another very old chain of departmental stores. It came into being in 1858! Over the years, it has succeeded in building a fortune of around $25 Billion. Now, it mainly deals with clothes, footwear, accessories, cosmetics , jewellery etc. It also has  a complete range of products necessary for a wedding.

9. Overstock

At $1.1 Billion, this is the least valued company in our list. But that doesn’t make it any less of a company. Previously known as Discounts Direct, it was took over and renamed to Overstock. Since then, their inventory has grown, and you can now find tonnes of products up for sale fro clothing to gadgets to gifts to sporting items etc.

10. Barnes and Noble

Books are as important a product as any. This is a retail book store that also deals with related electronic products such as tablets and eBook readers. And for such a small company, a $5.12 Billion fortune is a great achievement.
That completes our top 10 online stores list. All of these are trustworthy websites, and I am sure not one of them would risk their reputation by committing fraud. So don’t worry about getting robbed. Stay safe, and happy shopping :)

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