Although still an emerging sector, online marketplaces today corner 40% of the $1.3 trillion global e-commerce industry. Dominated by only a handful of giants who have become synonymous with buying and selling online, the likes of Amazon, eBay and Alibaba have found immense success with the low-risk, high-return drop ship based business model.
E-commerce is a vital part of any business. With the introduction of online payment platforms, there is no denying that shopping and other online transactions have become much easier. An example of a revolutionary discovery is Paypal.