eCommerce Wordbook

Letter of Credit

Logistics Glossary

Method of paying for goods where buyer establishes credit with local bank, clearly describing goods to be purchased. Upon receipt of documentation, bank either is paid by buyer or takes title to goods and transfers funds to seller

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Who are Amazon's main competitors?

Who are Amazon’s main competitors?

When it comes to online retail and ecommerce powerhouses, one name towers above the rest: Amazon. Thanks to its unmatched strengths in logistics, transportation, distribution, and constant technological innovation, Amazon has pulled so far ahead that it’s fair to wonder if anyone else even qualifies as true competition. Seriously —

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