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1.
2. E-commerce is also known as electronic commerce or internet
commerce refers to the process of purchasing and selling products
and services through the medium of various mobile applications and
the Internet.
E-commerce includes some unique features like ubiquity,
information richness, personalization, information density,
interactivity, etc.
E-commerce substantially lowers the transaction cost and it allows
the company to incur a much higher margin of profit.
So, basically, in a nutshell, any form of transaction made electronically is
known as E-commerce.
7. 4 main different Types of
Ecommerce
B2B: Business To Business Ecommerce B2C: Business to Consumer Ecommerce
C2C: Consumer to Consumer Ecommerce C2B:Consumer to Business Ecommerce