Living in an era of convenience and comfort are hallmarks that need to be acknowledged.
Top e-commerce apps in NY make life liveable with the kind of hustling routine that most of us have to endure. Apt examples are none other than food, and grocery deliveries.
E-commerce apps have made e-commerce platforms ubiquitous and taken it to great heights and success. The pandemic had a vital role in adding value and acceptance to the growing number of e-commerce apps.
The global e-commerce growth rate is on the rise. Retail mobile commerce sales in the US alone exceeded $360 billion in 2021. In 2022 this figure reached $431.4 billion. It is expected to rise further and touch $511.8 billion this year.
Overall, e-commerce apps have become an important part of the retail landscape and are likely to continue growing in popularity and adaption in the coming years.
Top E-commerce Apps In NY
E-commerce apps have become increasingly useful in recent years, especially with the rise and popularity of online shopping. They allow users to conveniently browse and purchase products from their mobile devices, making their shopping experience seamless and efficient.
There are several top e-commerce apps in NY, some of which include:
1. Amazon
Founder: Jeff Bezos
Total Funding: $8.1B
Amazon is headquartered in Seattle, Washington, USA and founded in 1994. As of 2023, it is the world’s largest online retailer and marketplace that is operational in many countries including the United States, Canada, the United Kingdom, France, Germany, Italy, India, and many more.
As the world’s largest online retailer, Amazon offers a wide range of products and services, from books and electronics to groceries and streaming services. It sells a variety of products like electronics, fashion, home, and garden, health, and beauty.
Amazon has also expanded its business by offering services like Amazon Web Services (AWS), Amazon Prime, Amazon Fresh, and Amazon Music.
Business Model: Commissions, fees, and direct sales.
Unique Selling Proposition:
- Competitive pricing
- Quick and reliable shipping
- Excellent customer service
- Amazon prime
2. Etsy
Founders: Chris Maguire, Robert Kalin and Haim Schoppik
Total Funding: $97.3M
Founded in 2005 with its headquarters in Brooklyn, New York. Etsy specialises in handmade, vintage, and unique items. It is a well-known marketplace for artists, crafters, and small business owners to sell their handmade or vintage goods.
Etsy is a popular marketplace for handmade and vintage items, as well as unique and personalised gifts. The company has grown considerably and has now included manufactured products and supplies in its kitty. Thus making it a popular medium for a wide range of buyers and sellers.
Business Model: Two-sided marketplace
Revenue Model: Seller fees, listing fees, transaction fees, and payment processing fees.
Unique Selling Proposition:
- Focus on unique, personalised, handmade, and vintage products
- Strong and committed community of users
3. Walmart
Founder: Sam Walton
Total Funding: $5B
Founded on July 2, 1962 and is headquartered in Bentonville, Arkansas, United States. The company offers a variety of products and services, including groceries, electronics, clothing, and much more.
Walmart’s e-commerce app offers a variety of products, including groceries, clothing, electronics, and home goods, as well as same-day delivery options.
Business Model: Variety of products at low prices in a convenient retail location along with operational efficiency.
Unique Selling Proposition:
- Everyday low prices
- Convenience
- Operational efficiency
- Large and diverse product selection
4. Target
Founder: George Dayton
Funding: Target is funded by Pershing Square Capital Management. Target has raised 1 round, a Post-IPO Equity round.
Founded in 1902 and headquartered in Minneapolis, Minnesota, United States. This is a well-known and reputed discount store chain in the United States. It offers a variety of products like clothing, home goods, electronics, and more. It has over 1,900 stores across the country and offers an extraordinary customer experience.
Target’s app offers a range of products, from household essentials to fashion and beauty products, and also offers same-day delivery and in-store pickup options.
Business Model: Offers consumers a variety of products at competitive prices through its network of retail stores and e-commerce platform.
Unique Selling Proposition:
- Same-day delivery
- Curb-side pickup
- Target Circle rewards program
- Price matching
- Easy returns
5. eBay
Founder: Pierre Omidyar
Total Funding: $1.2B
Founded on 3 September 1995 and headquartered in San Jose, California, United States. An online auction and shopping website, it enables its users to buy and sell a variety of products, including collectibles, electronics.
The company helps in consumer-to-consumer and business-to-consumer sales through its website.
eBay’s app allows users to buy and sell products from a range of categories, including fashion, electronics, and collectibles.
Business Model: Commission based
Unique Selling Proposition:
- Competitive pricing
- Trust and safety
- Accessible to everyone
- Wide variety of products
6. Best Buy
Founder: Richard M. Schulze
Founded on 22 August 1966 and headquartered in Richfield, Minnesota, United States. This American multinational electronics retailer is well-versed in selling a variety of consumer electronics, appliances, computers. Best Buy is operational in the United States, Canada, and Mexico with a solid online presence.
Also, Best Buy offers various services to its customers like in-store pickup, free shipping on most orders. Moreover, it offers Geek Squad services, which provide assistance and repairs for electronics products.
Business Model: Multichannel retail model with a customer-centric approach
Unique Selling Proposition:
- In-store pickup
- Free shipping
- Geek Squad expert support
- Extended warranty and protection plans
- Competitive pricing
7. Wayfair
Founders: Niraj Shah and Steve Conine
Total Funding: $1.7B
Founded in 2002 and headquartered in Boston, Massachusetts, United States. It is an American e-commerce company that sells furniture and home goods online. It offers products in various categories like furniture, home decor, lighting, bedding, and kitchenware.
Business Model: Competitive pricing, Private label brands, Broad product choice, Customer experience
Unique Selling Proposition:
- Wide variety of products
- Personalized shopping experience
- User-generated content to help other consumers make informed purchase decisions
- Competitive pricing
- Excellent customer service
8. Zappos
Founder: Nick Swinmurn
Total Funding: $62.8M
Founded on 12 July 1999 with its headquarters in San Francisco, California, United States. It is an online shoe and clothing retailer offering various products like shoes, clothing, and accessories.
Business Model: Innovation such as Zappos Adaptive program for customers with disabilities, corporate culture, Excellent customer service
Unique Selling Proposition:
- Innovation
- Corporate Culture
- User-generated content to help other consumers make informed purchase decisions
9. ASOS
Founders: Andrew Regan, Nick Robertson, Quentin Griffiths, and Deborah Thorpe
Founded on 2 June 2000. It has headquarters in Bristol, United Kingdom. It is an online fashion retailer that offers a variety of clothing, shoes, accessories, and beauty products for men and women.
Business Model: Strong online presence with a fast and responsive supply chain
Unique Selling Proposition:
- Offering a variety of products catering to different styles, sizes, and price points
- Focus on sustainability and ethical sourcing.
- Various services are also offered like free shipping and returns, next-day delivery, and a loyalty program to reward the consumers.
10. Macy’s
Founder: Rowland Hussey Macy
Total Funding: $4.5B
The company was founded in 1858. It has headquarters in New York, United States. It offers a variety of products like clothing, home goods, and more.
Business Model: Based on the brick-and-mortar department store model
Unique Selling Proposition:
- Variety of fashionable and high-quality merchandise at reasonable prices.
- It carries top brands, designer collections, and exclusive products, which differentiates it from its competitors.
- Customer-friendly policies, such as easy returns and exchanges, builds customer loyalty.
- In-store events, such as fashion shows and celebrity appearances for pleasant shopping experience
Conclusion: Top E-Commerce Apps In NY
The future of e-commerce apps looks promising, as more and more consumers are opting for online shopping. According to a report by eMarketer, US retail e-commerce sales are expected to reach $909.92 billion in 2022, up from $794.50 billion in 2020.
This growth is expected to be fuelled by the increasing adoption of mobile devices and the convenience they offer for online shopping. Take your business to the next level with Appscrip.
After an Engineering degree and a Diploma in Management I devoted 16+ years working in the automotive industry. My innate skill and extreme passion in writing, encouraged me to adopt it up as a profession. I have been writing for more than 10+ years in the software industry. The 400+ blogs I published are informative, exhaustive and interesting to a professional and causal reader.
