Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. Ecommerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.
Whereas e-business refers to all aspects of operating an online business, ecommerce refers specifically to the transaction of goods and services.
Since then, ecommerce has evolved to make products easier to discover and purchase through online retailers and marketplaces. Independent freelancers, small businesses, and large corporations have all benefited from ecommerce, which enables them to sell their goods and services at a scale that was not possible with traditional offline retail
When a business sells a good or service to an individual consumer (e.g. You buy a pair of shoes from an online retailer).
When a business sells a good or service to another business (e.g. A business sells software-as-a-service for other businesses to use)
When a consumer sells a good or service to another consumer (e.g. You sell your old furniture on eBay to another consumer)
When a consumer sells their own products or services to a business or organization (e.g. An influencer offers exposure to their online audience in exchange for a fee, or a photographer licenses their photo for a business to use).
Having a good website for your business is even more important now that technologies like Twitter and Facebook make it easier for more people to find you. Websites has become necessary for every business, brand, institutions, organizations and individuals. Now the days every blogger have a website and every celebrity too have a website which includes their bio and upcoming works. For business website provide growth and opportunities to survive in future.
Online Presence 24/7. Having a website means customers are always able to find you – anytime, anywhere. ...
Information Exchange. At its simplest, a website provides a quick and easy way of communicating information between buyers and sellers.
Credibility. In today’s modern world, there is an expectation for any reputable company to have some kind of online presence.