Which companies are making the most money online?
Online retail sales are up for grabs, with Amazon and Google leading the way, but which are making most money?
The latest figures from the internet marketing consultancy, internet market master (IMM), shows that online retailers are in the driver’s seat with over $3 billion in sales and the likes of Apple, Amazon, and Google have a combined market share of just under half of this.
But while the big names are on top, there are plenty of smaller companies in the game.
Here are the 10 companies that are making money online.
Amazon Amazon has been in the top spot for some time now, with a massive $7.5 billion in online sales in the first half of 2017.
The company’s profits, however, are down on the previous year due to an increased focus on online shopping.
Amazon’s market share is expected to increase in 2018 as it continues to invest heavily in its Amazon Prime business.
The firm is also spending a lot of money to improve its delivery services.
Google Google has been the dominant force in online retail for years.
In fact, it is the biggest online retailer with over one billion US customers, making it the second largest online retail marketer in the US behind Amazon.
However, the search giant is also losing its grip on the market, as more and more companies start competing with it.
This is due to the increased dominance of Facebook and the rise of mobile apps.
Apple Apple has dominated online retail since its inception.
It has been one of the largest online retailers since 2007.
Apple has been a dominant force for the past decade, as it dominates the smartphone market.
In 2018, Apple will compete head to head with Amazon on the smartphone side of things.
Google In 2018 Google is expected hit a record high of $1.9 billion in total online sales, but the company is struggling to compete with Amazon.
The search giant has been hit hard by the introduction of Google Home and the release of the Pixel and Pixel XL smartphones, but its online sales are still on the up.
Google is also seeing the rise in the popularity of mobile phones and tablets.
Apple The Cupertino company has a long history in online shopping and it has continued to make money online for years, especially after its acquisition of Beats by Dre.
However the company’s online sales have been declining over the past few years.
Apple’s revenue is forecast to drop by more than 30% in 2018, and the company will likely see its market share drop further in the coming years.
Amazon In 2018 Amazon was the only online retailer to break even in the second half of the year, and its profits are expected to fall slightly as it prepares to launch new products in 2019.
Amazon has also been a leader in the mobile device market, which will see a decline in its sales over the next few years, according to the IMM report.
Google The search engine is expected move away from its traditional focus on mobile devices and towards a more digital and mobile-centric strategy.
However Google is still the number one online retailer in the world, and it will likely continue to see a significant decline in sales over time.
Facebook Facebook has been able to dominate online retail sales for a number of years, but it is now facing an uphill battle in 2018.
The social network is struggling in 2018 with online sales dropping by almost 30% year on year.
Facebook is also the largest internet marketer, but as its sales drop, its market will decrease in size.
Google While Google has dominated the mobile phone and tablet market for a while now, its online market share has fallen over the last few years due to increasing competition from Amazon and Apple.
Google’s sales will also be impacted by Apple and Amazon, which are expected take a significant cut in 2018 from the company.
Amazon The internet retailing giant has dominated internet retail for over a decade, and in 2018 its sales are expected at the lowest in years.
The world’s largest online retailer is currently facing competition from a host of companies in 2018 including Amazon, Apple, and Microsoft.
What is your favourite online retailer?
Let us know in the comments section below.