E-commerce

E-commerce (electronic commerce) is the purchasing and selling of products and services over the internet. It could also mean transfer of data or funds over any electronic network. It is an exchange of transactions between an organization and a consumer or dealings between two businesses.

A business has to build their website and host the site on the internet using the services of a web hosting provider. There are several advantages of e-commerce. It is available round the clock, it is accessible over the internet and a consumer can view the products and services on any compatible internet connected device, it allows access to a business from any geographic location.

For the consumer it is a time and travel saving effort. There are also no timings. One can access the online ecommerce at any time. Ecommerce limitations include waiting time for the shipment to arrive and denial of physical touch to the products.