Remove 2003 Remove Consumer Remove Merchant Services Remove Shipping
article thumbnail

Alibaba’s Business Model – How the eCommerce Giant Makes Money

Indigo 9 Digital

It is a consumer-to-consumer platform where small businesses and individuals sell items to consumers. It launched in 2003 and provided an opportunity for China’s entrepreneurial class to reach China’s increasingly affluent consumer market. Alibaba does not charge merchants on Taobao listing or transactions fees.

article thumbnail

The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

Amazon is the first channel consumers turn to when conducting a product search online ahead of even Google. The Children’s Place started selling on Amazon back in 2003. We have a direct-to-consumer business that's growing and we have a wholesale business that is growing.” Logistics are hard for even the savviest of retailers.