Electronic Commerce (E-Commerce)
Definition – What does Electronic Commerce (E-Commerce) mean?
Electronic commerce (e-commerce) is the marketing, buying and selling of merchandise or services over the Internet. It encompasses the entire scope of online product and service sales from start to finish. E-commerce tools include computer platforms, applications, solutions, servers and various software formats manufactured by e-commerce service providers and purchased by merchants to increase online sales.
E-commerce facilitates the growth of online business. It is categorized as follows:
- Online marketing
- Online advertising
- Online sales
- Product delivery
- Product service
- Online billing
- Online payments