When it comes to market share, Amazon (AMZN) is up against some of the world’s biggest companies. As an online book store, Amazon has evolved over the years into the largest e-commerce corporation in the United States by revenue. As the world’s largest online retailer, Amazon has a wide range of products and services to offer, including physical shops, subscription services, and web-based offerings.
Let’s take a look at Amazon’s main competitors in the following order:
Table of Contents
LightInTheBox Holding
An internet retailer, LightInTheBox Holdings Co. Ltd. The Company’s website has a wide variety of items. The company’s websites and mobile applications, which are available in about 30 languages, provide a wide range of items, including www.lightinthebox.com, www.miniinthebox.com, and others. It lists more than 687,800 products. Other general retail products are also available from the company. Europe and North America are its primary markets.
Apparel and other miscellaneous products are included in the company’s product line. It has a wide range of clothing options, including bespoke, special occasion, and fast-fashion options. Small accessories and gadgets, home and garden, electronics and communication equipment, and other things are all included in the company’s other general merchandise category. There are additional websites for specialized items and areas, such as www.ouku.com for products aimed towards Chinese customers.
Overstock
Overstock.com, Inc. owns and operates a commercial online shopping site. In addition to retail, tZERO, and MVI, the company has three more business sectors. Through its website, the Retail Segment conducts e-commerce sales. Securities transactions are the focus of the Broker-Dealer tZERO Segment. The Medici business is part of the MVI division. Patrick Michael Byrne, the company’s founder, set up shop in Salt Lake City, Utah, on May 5, 1997. First, the company used an e-commerce platform to liquidate the inventories of 18 dot-com enterprises that had gone out of business, charging below wholesale rates for leftover and returned goods.
In addition to closeout inventory, the firm sells a variety of additional home furnishings, décor, and bedding items. The company began rebranding as “O.co” in early 2011, with the goal of streamlining and unifying its foreign operations. However, after just a few months, the company called off on the endeavour, claiming customer uncertainty about the new name.
Wayfair, Inc.
Wayfair Inc. is furniture and home-goods e-commerce firm based in the United States. CSN Stores was created in 2002 and was formerly known as CSN Stores. More than 11,000 global suppliers are represented on their web marketplace, which has 14 million products. It is based in Boston, although Wayfair has offices and warehouses all across the United States, as well as other countries such as the Netherlands, Germany, Ireland and the UK.
Customers in the United Kingdom and Canada may now shop at CSN Stores, and the company has set up shop in London. Boston Business Journal’s annual list of fastest-growing private companies in Massachusetts and overall rated the firm at the top of the list.
ETSY
E-commerce site Etsy, Inc. specialises in the sale of handmade and antique goods, as well as creative materials. Jewellery, purses, apparel, home décor and furnishings, toys, art, and craft equipment and tools are all included in this category. At least 20 years old are required for any antique objects. For a cost of US$0.20, vendors may post their wares on the site, which follows in the footsteps of open craft fairs.
Even yet, they are some of the most serious competitions for amazon and Amazon continues to rule the global market that are in brief at the https://www.zonbase.com/blog/top-7-amazon-competitors/.
