Please Describe The E-commerce. The Importance And Working Of E-commerce?


2 Answers

Nouman Umar Profile
Nouman Umar answered
ECommerce means the electronic commerce of the transactions from internet. Ecommerce is sale and purchase of the goods over internet. The internet commerce does not involve any paper money but it uses the credit money in order to put it on the internet.

There are many companies which are doing business on the internet by the use of electronic medium. If any person purchase or sell any thing over the internet then it is said that he has been involved in the electronic commerce. There are two types of electronic commerce one is electronic business to business and the second is electronic business to consumers. So there is many other website which are engaged in the electronic and electronic commerce. There is a difference between the both terms one is used in the electronic commerce in which transaction is used and the second is in which the transactions are not involved.

So many companies are engaged in the business of the electronic commerce on the internet and many other companies are shifting their business to the online platform in order to achieve its goals.
Jordan Park Profile
Jordan Park answered

E-commerce short for electronic commerce, E-commerce refers to the
buying and selling of goods and services or the transmitting of funds or
data, over an electronic network, primarily the Internet. There are a
few primary modes of e-commerce. Online retail is where an entity of
goods for sale over websites. It is the coordination of web technologies
such as electronic funds transfer, supply chain management, online
transaction processing, inventory management systems, and automated data
collection systems.

From the business perspective, Ecommerce
gives better network to its potential client as their individual website
can be accessed virtually from anywhere through Internet.  In worldwide
business sector sense, the presence of Ecommerce as a pioneer has
opened up different windows of chances for an variety of different
organizations and investors.

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