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All You Need to Know about E-commerce

All You Need to Know about E-commerce

E-commerce (electronic commerce) is the purchasing and selling of products and services and the transfer of payments or data through an electronic network, most notably the internet. These transactions might be business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), or consumer-to-business (C2B). E-commerce and e-business are frequently used interchangeably. The word e-tail is also used to refer to the transactional procedures that comprise online retail shopping. The widespread usage of e-commerce platforms such as Amazon and eBay has contributed to significant development in online shopping during the previous decade. In 2007, e-commerce amounted to 5.1 percent of overall retail sales; in 2019,…
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