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E-Commerce

What is e-commerce?

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Find terms
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E-commerce involves purchasing and selling products or services online, usually supported by digital platforms and electronic payment systems.  

This involves: 

  • Hosting online storefronts or marketplaces 
  • Managing digital transactions 
  • Processing orders, shipping, and logistics 

Businesses utilize e-commerce to reach broader audiences, streamline operations, and enhance customer convenience. It is essential in modern commerce as it drives global sales, fosters customer engagement, and enables 24/7 accessibility, significantly contributing to business growth and competitiveness.