WHAT IS E-COMMERCE? WHAT ARE E-COMMERCE WEBSITES?

WHAT IS E-COMMERCE? E-Commerce, also known as e-Business, or electronic business, is simply the sale and purchase of services and goods over an electronic medium, like the Internet. It also involves electronically transferring data and assets between two or more parties. Basically, it is online shopping as we ordinarily know it. WHAT IS AN E-COMMERCE WEBSITES? E-Commerce websites are online portals that encourage online exchanges of goods and services through methods for the exchange of data and assets over the Internet. In the early days, e-Commerce was done partially through emails and phone calls. Presently, with a single website, anything and everything that a transaction needs, can be executed online. DIFFERENT TYPES OF E-COMMERCE WEBSITES? Different e-commerce websites are labeled or referred to differently, based on the function they fulfill. source: www.google.com Business-to-Business (B2B): Electronic transactions of goods ...