Electronic Commerce or E-Commerce means buying and selling of goods, products, and services on the internet. Also, the services that are provided online, such as internet networking, money transaction, funds keeping, and information exchange online is considered E-Commerce.
There are four business modules in E-Commerce, B2B commerce, B2C commerce, C2C commerce, and C2B commerce. E-commerce is the most popular way of conducting business over the internet, and it’s the marketplace where both buyers and sellers meet to sell or buy any product or service.
Ecommerce provides global reach to the sellers, lowers the cost substantially, fast delivery of the goods, offers are placed conveniently, and allows both buyers and sellers to get in touch directly without any medium influence.