Category: E-Commerce

E-Commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It encompasses a wide range of activities, including retail sales, online auctions, and payment processing. E-Commerce can involve business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer (C2C), and consumer-to-business (C2B) transactions.

Through various platforms such as websites and mobile applications, e-commerce enables consumers to access products and services at any time and from anywhere, providing convenience and efficiency. Transactions typically involve selecting items, adding them to a virtual cart, and completing the purchase through secure payment gateways.

E-Commerce also includes related activities such as online marketing, inventory management, and customer service. The rise of e-commerce has transformed traditional retail models, leading to the proliferation of online marketplaces and an increased emphasis on digital marketing strategies to reach consumers. It has become a crucial component of global trade, contributing significantly to economies worldwide.