E-commerce, or electronic commerce, is the buying and selling of goods and services online. It can include sales through websites, mobile apps, and social media.
How e-commerce works
Businesses can sell directly to consumers (B2C) or to other businesses (B2B)
E-commerce can include online advertising, brand building, and electronic funds transfer
E-commerce can be used by businesses to reach a global audience
Benefits of e-commerce
E-commerce can save time and space for customers and businesses
E-commerce can improve transaction efficiency
E-commerce can allow customers to shop from anywhere with an internet connection
Examples of e-commerce
Buying books from Amazon
Downloading music from iTunes
Purchasing legal documents, registers, Social Security, fiscal data, and employment from the government
History of e-commerce
The term "e-commerce" was first used in California's Electronic Commerce Act of 1984
The first online sale was the exchange of a compact disc of Sting's Ten Summoner's Tales in 1994
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Kevin Edric Munster Edrick Art and Photography -“ Small business, Big Business.”
E-commerce, or electronic commerce, is the buying and selling of goods and services online. It can include sales through websites, mobile apps, and social media.
How e-commerce works
Businesses can sell directly to consumers (B2C) or to other businesses (B2B)
E-commerce can include online advertising, brand building, and electronic funds transfer
E-commerce can be used by businesses to reach a global audience
Benefits of e-commerce
E-commerce can save time and space for customers and businesses
E-commerce can improve transaction efficiency
E-commerce can allow customers to shop from anywhere with an internet connection
Examples of e-commerce
Buying books from Amazon
Downloading music from iTunes
Purchasing legal documents, registers, Social Security, fiscal data, and employment from the government
History of e-commerce
The term "e-commerce" was first used in California's Electronic Commerce Act of 1984
The first online sale was the exchange of a compact disc of Sting's Ten Summoner's Tales in 1994
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