Let’s get started with our list of well-known online stores in the United States. These online stores are the best at selling goods in the United States.
Some of these stores offer in-store shopping in addition to their shopping site, but you’ll notice that our first retailer made their name with an online store only.
Amazon
It’s easier to think of a world with Amazon and its innovative services like Amazon Prime and Amazon Prime Day. This company began selling books online in 1995. Since then, it has grown into a big online business that gives customers and private sellers many options. Their range of products is huge.
The huge number of sales puts Amazon at the top of online stores. Reports say that Amazon has a market share of almost 50% of all retail online sales in the U.S.
Here is how the data points are broken down. Last year, about $1.3 Trillion was made from online shopping in the U.S. Amazon’s sales were more than $514 Billion of that total.
Unsurprisingly, Amazon is the first place you look when shopping online. You’ll have easy access to your desired payment choices that only require one click and lightning-fast shipping.
Amazon has changed how people shop, and its amazing online sales are paying off.
Walmart
Walmart is also a big name when it comes to online stores. Even though Walmart usually comes in second after Amazon, it has a much smaller part of the online shopping market.
For the 2023 Fiscal Year, about $81 billion was spent online shopping through Walmart U.S., Walmart International, and Sam’s Club.
The main difference between Walmart and Amazon is that Walmart has shops that can help its online business grow. A big part of Walmart’s plan is to make it easy for people to pick up their orders.
Walmart’s new chief U.S. e-commerce officer, Tom Ward, says that the real shops are being turned into “shoppable fulfillment centers.” Walmart’s ability to help all customers, whether they shop online, in person, or stop by to pick up orders, is a benefit that will probably help the next generation of shoppers.
Apple phone
Third place goes to Apple products, which customers know and love. Even though Apple has stores in most big towns, most of the company’s $31 billion in annual sales come from online transactions.
Apple offers Apple Podcasts Subscriptions in addition to well-known goods like the iPhone and iMac that customers love.
Home Depot
DIYers usually go to Home Depot. During the pandemic, people spent much time at home, so online purchases at Home Depot increased. But, even before the COVID effect, Home Depot did well in the online market, which may surprise some people. Sales have gone over $20 billion per year.
Like Walmart, Home Depot sells things online and in shops to help people get their needs. Home Depot has also put money into mobile apps that make it worth going to the store, like the ability to check the availability of tools and rent it online. People don’t have to drive to each place to find out if something is available. Instead, they can check if it is available and purchase it before going to a store to pick it up.
Target
With about $19 billion in online sales, Target is the store to keep an eye on. Customers can easily switch between shopping online and in person at Target because the shops are there. This is similar to what we’ve seen at other stores, and it’s a model that customers continue to use.
Target is known for its clothes, home goods, food, and gadgets, among other things. If you want to spend much money, you should go there.
Order pick-up, same-day services, and drive-up choices are here to stay, and they give shops more ways to do business than just online stores.
Best Buy
With about $18 billion in online sales, Best Buy is just behind Target, a store we all know and love. Even before the pandemic, RIS says, Best Buy “assumed digital penetration was going to increase,” which led to four years of spending to improve the supply chain and give customers more control over how their orders are filled.
Wayfair
With about $14 billion in sales, Wayfair is one of the top online stores in the United States. Wayfair has promised to put money into “every aspect of the company,” such as its products, shipping, and customer service. Their technology makes it easy for shoppers to find what they need among more than 20 million things.
eBay
The ninth-place company is surprising because its main job is to connect buyers and sellers, not sell things independently.
eBay is a great place to look for and buy unique sports cards, personal care products, or even the brand-new iMac. Like Amazon, eBay doesn’t have a lot of real stores, so all of its sales come from people shopping online.
Since becoming CEO of eBay, Jamie Iannone has been “relentlessly focused on accelerating product innovation by harnessing the power of next-generation technology and creating a more seamless experience for sellers,” according to RIS. And if sales are any sign, eBay will continue to be a major player in shopping, making close to $13 billion each year.
Costco
Costco has been a successful business model for a long time because of its store sites and its unique membership program. Costco was a big name for buying things in bulk at warehouse prices, like personal care items, dietary supplements, or a new living room set.
Costco’s online sales have grown steadily, thanks to delivery, in-store pick-up, and even unique relationships with other service companies. These efforts have increased Their online sales to about $13 billion.
Kroger
Kroger is next on the list, which might surprise you since this grocery store is less well-known than some of the ones we’ve already discussed. But Kroger’s smart investments in automatic stores (which cost between $50 million and $100 million each) helped them reach the top ten with $13 billion in online sales.
Etsy
Etsy is where artists and crafters go to sell their work. As a place where private sellers can sell their goods, it has yet to make as much money as its online rivals, but everyone knows the name.
This store’s website is the best place to find custom gifts and weird things you can’t find anywhere else. With just over $2 billion in annual sales, this website is the 11th-best store in the United States.
Companies outside of the US
Want to know about online companies that aren’t based in the U.S.? Alibaba, Rakuten, and Ikea are on the short list of big players, and their e-commerce numbers back them up.
Alibaba Group
Alibaba is an online store based in China that makes more than $109 billion a year. This website is the biggest marketplace for business in the whole world. They own both AliExpress and Alibaba.com. We’re talking about millions (or even hundreds of millions) of people and companies. It is one of the biggest places to shop online in the world.
Ikea
Ikea has been around since 1943, which makes it one of the companies on our list that has been around the longest. Ikea was started by Ingvar Kamprad in Sweden when he was 17 years old. They sell things like cooking supplies, tools, furniture, and home decor. In addition to the usual stores, online sales have made a big splash by reaching more than $6 billion.
Rakuten
Rakuten is a Japanese company that recently broke a sales record of about $5 billion. Rakuten is an online marketplace where people can buy almost anything, just like Alibaba. Users also get cash back when they buy something through the online platform, which is another way to encourage online sales.
When you look at the tools and strategies of online giants, you can learn a lot. The most successful business owners know this rule very well. They know they have to learn how to sell well before they can expect success. Who wouldn’t want their online store to make billions of yearly sales?
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