E-commerce Business

E-commerce, or electronic commerce, refers to buying and selling goods and services online. It involves online transactions using computers or smartphones. Businesses create websites or use platforms like Amazon and eBay to showcase their products. Customers can browse, compare prices, and make purchases from the comfort of their homes. Payments are processed electronically, and products are delivered to the buyer’s address. E-commerce has transformed the retail landscape, offering convenience, a wider selection of products, and often lower prices compared to traditional stores. It includes various formats, such as business-to-consumer (B2C) and consumer-to-consumer (C2C) sales.