This feature has made Zappos.com, Amazon.com, LLBean, and JCrew leaders in the online retail market.
The online retail market is undergoing swift changes due to rapid changes in technology.
According to Internet Retailer, Amazon dominates the online retail market maintaining its leading position.
Amazon can leverage the ensuing increase in Prime service subscription towards an acceleration of online retail market share gains.
Amazon (AMZN) is joining the growing online retail market in India and will be taking on national rival Flipkart.com from herein.
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Ultimately, the online retail market seems likely to favour just two models: the best-of-breed specialists such as Amazon, and the good-enough-for-everything megastores.
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These initiatives have helped Amazon gain share in the online retail market.
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This channel has become important for retailers due to the growing online retail market and increasing use of smartphones, tablets and other mobile devices.
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Assuming that a similar trend continues in the future, we estimate a CAGR of 11.5% for the online apparel retail market which is slightly higher than 10% CAGR for the overall online retail market.
Going forward, online shopping is expected to grow at 48% per year to reach 1.5 trillion yuan by 2013, still accounting for just 7% of total retail sales meaning despite those numbers there will still be room for greater market share for online retailers, Bain researchers said in their 19 page report released Tuesday.
This online retail site handpicks its merchandise, letting shoppers look for items that are a little more unique than mass-market stores.
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