E-commerce

E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It encompasses a wide range of online business activities, including retail sales, wholesale transactions, and other commercial exchanges conducted through digital platforms. E-commerce allows businesses to reach a global market, reduces overhead costs, and offers consumers the convenience of shopping from anywhere at any time. Common forms of e-commerce include business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer (C2C), and mobile commerce (m-commerce). E-commerce transactions typically involve electronic payment systems, online marketplaces, and various customer engagement tools to facilitate the purchasing process. Overall, e-commerce has transformed traditional retail and business practices by leveraging the internet for commerce.