E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.
These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.
What do you mean by e commerce?
E-commerce is the activity of buying or selling of products on online services or over the Internet. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle although it may also use other technologies such as e-mail.
What is E Commerce Explain with examples?
An example of e-commerce between individuals, or between two consumers, would be an online marketplace such as eBay.com. Similar to the example above, anyone with Internet access and a credit or debit card can browse and purchase available products.
What is e commerce and its benefits?
Advantages to Organizations
E-commerce improves the brand image of the company. E-commerce helps organization to provide better customer services. E-commerce helps to simplify the business processes and makes them faster and efficient. E-commerce reduces the paper work.
What is e commerce and why is it important?
The e Commerce is the demand of time, customers, business and nations, Now it will compulsion in few years to use. E Commerce is the online buying and selling process which is extremely important in our daily life now. The foremost reason behind the growth of Internet users besides social media is e commerce.