Business, Legal & Accounting Glossary
The buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. E-commerce is widely considered the buying and selling of products over the internet, but any transaction that is completed solely through electronic measures can be considered e-commerce. E-commerce is subdivided into three categories: business to business or B2B (Cisco), business to consumer or B2C (Amazon), and consumer to consumer or C2C (eBay). also called electronic commerce.
The e-commerce business was booming for us as there was an increase in the online demand for our business niche.
I would highly recommend an e-commerce website such as Amazon if you are wanting to purchase items that are not readily available in your hometown area.
Rather than open a brick-and-mortar shop to sell their products, they decided to use a website for their listings, becoming participants in the lucrative trade of e-commerce.
clicks-and-mortar
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Definitions for e-Commerce are sourced/syndicated and enhanced from:
This glossary post was last updated: 30th October, 2021 | 0 Views.