According to Internet Retailer, 2017 saw a whopping $2.43 trillion in sales generated via the internet. During that year alone, online sales accounted for 28.6% of all retail sales globally. To analyze the perpetually evolving habits of consumers and the companies who continue to innovate in order to meet those needs, Internet Retailer — for the first time ever — has ranked the largest online marketplaces. In news that surprises absolutely no one who’s been following the exciting growth of worldwide product brokerage juggernaut Market America, the company’s e-commerce site, SHOP.COM, has ranked #43 on the Internet Retailer’s inaugural Largest Web Marketplace rankings.
Internet Retailer ranks the world’s largest marketplaces: e-commerce platforms that host products from third-party sellers, which account for more than 50% of all global online sales. With more and more people shopping on marketplaces, it’s evident that these sites are not only driving but defining the future of e-commerce — and of the entire retail industry. To rank so highly among this prestigious class of e-commerce leaders further reiterates the impact that SHOP.COM and its innovative, customer-focused programs are having on the site’s loyal shoppers. With this industry-wide trajectory showing no indications of slowing down — and with 2019 projected to have seen $3.46 trillion in global web sales — SHOP.COM and this elite cohort of rival web marketplaces are poised to claim larger pieces of the pie for years to come.
When people shop online, they are making a decision. With the entire digital world at their fingertips, the site a person chooses to shop with speaks volumes to how much they trust that site and value their experiences. With SHOP.COM, Market America has always strived to put the customer experience at the center of every innovation, through programs and features that reward each shopper for the trust they place in the site. Through a robust Cashback program, which has rewarded almost $45 million in cash back to customers to date, and the unique concept that helps smart shoppers convert their spending into earning through SHOP.COM, called the Shopping Annuity® SHOP.COM raises the bar of customer service, and establishes itself as the site to watch — not just for consumers looking for a different shopping experience, but for its competitors.
Market America is a global product brokerage and internet marketing company that specializes in one-to-one marketing.