eCommerce
Key Benefits
Electronic commerce, commonly known as eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing.
A large percentage of eCommerce is conducted entirely electronically for virtual items such as access to premium content on a website, but most eCommerce involves the transportation of physical items in some way.
Ecommerce that is conducted between businesses is referred to as business-to-business or B2B. Ecommerce that is conducted between businesses and consumers, on the other hand, is referred to as business-to-consumer or B2C.
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