Great eCommerce Platform to Eclipse Walmart!
Published on January 25, 2016
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
Good Monday Morning, All!
Ecommerce is continuing to explode with Amazon, eBay and Walmart in the lead. Does it surprise you that Amazon is right behind Walmart?
The growth of Amazon is predicted to eclipse the world's most successful retailer, Walmart. Amazon has a huge customer base, credibility and trust. Their Prime members even have a very large food pantry with a very good selection. (I checked it out and was surprised to find the Amazon Prime Pantry has a generous selection of the world's finest coffee and Coffee Mate creamer too.) .As a Prime member, groceries arrive within two days without the expedited fees. If you partner with them, they have back end infrastructure and support including tax collection and shipping.
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eBay is a excellent platform for those purchasing and selling antiques and is on a consistent slow steady rise in the ecommerce world. eBay is working toward providing easier and more user friendly access for all venues with millions of customers world wide.
Business Insider provides the following statistics:
Amazon 2014 - 2015 $17.94B in revenue for the fiscal year
eBay 2014 - 2015 $ 9.15B in revenue for the fiscal year
The fiscal year is January through December.
In conclusion, there is only one thing to say, Look Out Walmart . . . Here comes Amazon!
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