E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
The benefits of e-commerce include its around-the-clock availability, the speed of access, the wide availability of goods and services for the consumer, easy accessibility, and international reach. Its perceived downsides include sometimes-limited customer service, consumers not being able to see or touch a product prior to purchase, and the necessitated wait time for product shipping. Reference.
A beautifully designed and creatively developed website generates trust for your clients. They know it very well that if you take care of your website with proper attention and actively than you must treat your clients with the similar technique. The greatest thing about it is purchasing opportunities that are rapid, appropriate and user-friendly with the capability to transfer funds online. Because of its accessibility, buyers can save their lots of time and money by searching their goods easily and making buying online.
If you are running a store, it will be bounded to the geographical region for which you can provide service, but on the other hand with an e-Commerce website, you can sell your goods and services globally. The complete world is your playground, where you can trade your whole variety of goods without any geographical restrictions. Furthermore, the remaining restriction of geography has dissolved by m-commerce that is also known as mobile commerce. Reference.
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