2. What is E commerce ?
• Electronic commerce, commonly known as e-commerce, is a type of
industry where the buying and selling of products or services is
conducted over electronic systems such as the Internet and other
computer networks.
• Electronic commerce is generally considered to be the sales aspect of
e-business. It also consists of the exchange of data to facilitate the
financing and payment aspects of business transactions.
5. Advantages of Ecommerce
• Faster buying/selling procedure, as well as easy to find products.
• Buying/selling 24/7.
• More reach to customers, there is no theoretical geographic
limitations.
• Low operational costs and better quality of services.
• No need of physical company set-ups.
• Easy to start and manage a business.
• Customers can easily select products from different providers without
moving around physically.