What is ecommerce?

 

In its easiest form ecommerce is the buying and selling of services and products by companies or buyers around the internet.

People make use of the term “ecommerce” or “online shopping” to explain the method of looking for and choosing products in online lists and then “checking out” making use of a credit card and encrypted payment processing. Web sales are usually escalating quickly as buyers take advantage of the following:

  • cheaper costs proposed by sellers operating with a lesser amount of margin compared to a bricks and mortar store
  • higher capability of having a product or service delivered rather than the cost of their time and carry and car parking of going to a retail store
  • finding product more effortlessly from in another country companies
  • good wide variety and supply offered by online retailers
  • comparison engines that review and suggest product
  • public sale sites, where they did for merchandise