Ecommerce
What Is Electronic Commerce (E-commerce)? Electronic commerce ( e-commerce ) refers to companies and individuals that buy and sell goods and services over the internet. E-commerce operates in different types of market segments and can be conducted over computers, tablets, smartphones, and other smart devices. Nearly every imaginable product and service is available through e-commerce transactions, including books, music, plane tickets, and financial services such as stock investing and online banking. As such, it is considered a very disruptive technology . Advantages and Disadvantages of E-commerce Advantages E-commerce offers consumers the following advantages: Convenience : E-commerce can occur 24 hours a day, seven days a week. Although eCommerce may take a lot of work, it is still possible to generate sales as you sleep or earn revenue while you are away from your store. Increased Selection : Many stores offer a wider array of products onli...