E-commerce

E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the internet. It encompasses a wide range of online transactions, including retail shopping, online auctions, business-to-business sales, and the transfer of funds. E-commerce operates through various platforms and technologies, allowing businesses and consumers to engage in commercial transactions without the need for physical storefronts. This term includes a variety of sales methods, such as direct sales through websites, marketplaces, mobile applications, and social media channels. E-commerce has become increasingly popular due to its convenience, accessibility, and the ability to reach a global audience. It also includes various payment processing systems, digital marketing strategies, and logistics frameworks necessary to deliver products and services to consumers. With advances in technology, e-commerce continues to evolve, incorporating elements such as personalized shopping experiences, subscription services, and digital wallets.