Top Retailers You Should Know About
And This is How YOU Can Take Advantage
Whether you are a retailer or you produce products or services, you should know top retailers. These are the businesses getting lots of sales. They have expanded their business beyond national boundaries and they are highly successful and are worth billions of dollars. These retailers have taken on a lot of products. They ship to different continents and buyers register to sell under them. They even have their payment systems which have proven efficient thus far. You should learn about these businesses to be motivated to do more and aim higher. They have advanced marketing and you should see how you can benefit from this.
14 top retailers will be listed below.
Amazon
This is the number online retailer in the world. According to Forbes, “the Seattle giant captured 43.5% of the market”. It started as a book store in the 1995 but expanded to sell other items soon after. The retailer has invested about $160 billion in the United States alone and has other investments outside. The company also has investments in environmental sustainability, artificial intelligence, and a lot of other community projects. With the aggressive way Amazon is expanding its businesses, there are projections that it can reach 50% of the American market soon.
Ebay.com
This is another online retailer. It facilitates business to consumer relationship and that of buyer to buyer. This works in the sense that sellers list items on the website for a fee. The company operates in about 30 countries as of 2011. It was normally known as auction-style business but it now operates instant shopping services.
Walmart.com
This is a multinational retailer who started in the United States. It has holding in several countries of the world and it is worth over half a trillion dollars. It has an online platform where consumers can buy online and go redeem at Walmart stores. With about 2.3 million employees worldwide and over 1.5 in the United States in 2017, it is one of the highest employers of labor in the country. It has a longstanding reputation of offering low prices that are hard to be beaten by any other retailer.
Etsy.com
This is an e-commerce platform focused on handmade or vintage items. They also sell unique-manufactured objects. Sellers put up items for a listing fee of $0.20 per item. However, opening a shop on etsy is free. In December 2014, it had about 54 million registered users as members.
Target.com
Ranked as the eight-largest retailer in the United States, it is the new face of one of the oldest retailers in the United States – the Dayton-Hudson. It was founded in 1902. As of November, 2018, it has an upwards of 1,850 stores.
Aliexpress.com
The online retailer is arguably the biggest in Asia. It operates by giving small businesses to sell to customers all over the world. On the website, there is hardly a product that one can’t find. The platform doesn’t sell directly to buyers but rather facilitates a business to business, business to consumer, and consumer to consumer selling portal.
Costco.com
As at 2015, Costco was ranked as the 2ndretailer in the world after Walmart. The wholesaler deals in several kinds of products from food items to electronics. It operates a wholesale club.
Kohls.com
This is an American department store retail chain. With 1,158 locations in the United States, it was ranked the largest department store chain in the States as of February 2013. The store has a lot of top brands and high-end designers like Dana Buchman and Narciso Rodriguez. With its unique in-store design, it attracts customers from all over the States.
Wish.com
With over 100 million products and over 100 million users on iOS and Android platforms, this is one of the fastest growing e-commerce companies in the United States. It operates similarly to eBay as small businesses and manufacturers can sell directly to buyers. It offers services such as Wish Outlet where overstocked name-brand goods are sold at a reduced price. Its Wish Express also offers faster shipping when compared to many retailers.
Sears.com
Sears, Roebuck and Company, popularly known as Sears, is an American Chain of department stores which deals majorly in clothing, footwear, bedding, furniture, jewelry, beauty products, appliances, housewares, tools, and electronics. The company is one the oldest and biggest in the country.
Forever21.com
This is an American fashion retailer. The seller is known for its trendy offerings and low pricing. It sells women, men and girls clothing. It also sells accessories and beauty products. It sells via its website and also via its stores which are about 723, about August of 2015.
Pier1.com
Talk about a giant in imported home furnishings and décor, particularly furniture, table-top items, decorative accessories and seasonal décor and you are referring to Pier1 Imports. The chain operates over one thousand stores in United States and Canada. It partners with top designers from other companies to sell the products in the United States and Canada.
Torrid.com
This is a fashion store for women, especially plus size women. The retailer sells from accessories, shoes, jewelries, novelty tee shirts, fashion tops, pants, shorts, skirts, dresses, outwear to beauty products. It uses its customers as its models and this is a big marketing strategy for the company.
Misguided.com
This is also a women fashion store based in the UK. This multi-channel retailer sells clothes aim at 16 – 35 years old women. With deals with singers and top models, the retailer has been able to carve a niche for its self in the women fashion category. They put out clothes in line with the seasons and their collections have been noted to be topnotch.
In conclusion, retailers are more aggressive these days with online and offline marketing. They ensure that they target the customers through mediums at which the customers cannot resist. The success of some of these businesses cannot be divorced from offering top quality at unbeatable prices. The 21stcentury business place is bigger than ever it requires bigger approaches.
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