Online Retail Store Examples
Buying products online has become a very popular choice for many consumers. There are a variety of different websites, including Amazon, Wayfair, Rakuten, and Etsy, among others, that offer these types of goods. However, how do you know which website to use to buy your products?
Wayfair
Founded in 2002, Wayfair is one of the largest ecommerce companies in the United States. Its core business is home goods. In 2010, it had $380 million in sales. In 2011, it had more than $500 million in revenue.
Despite its huge success, Wayfair is not yet profitable. It reported a net loss of $319 million in the most recent quarter. The company also said it was facing mounting losses due to its expenses.
Wayfair is still the largest online retailer for home products in the U.S., with a visitor base of 11 million monthly visitors. It offers more than 18 million items. … Read the rest >>>