What is e-commerce?
E-commerce is the commercial activities carried out over the internet. E-commerce is carried out in order to expand the customer base and increase sales by selling a company’s products and services over the internet. E-commerce uses a website to offer a company’s products and services for sale. Customers complete their purchases by selecting the products on the website. E-commerce enables business activities to be carried out faster, more efficiently and cheaper.
While e-commerce is becoming more and more common, it is also used in conjunction with other business activities. For example, a retail store can expand its customer base by offering its products for sale over the internet. Also, thanks to e-commerce, the variety of products increases and customers can buy products sold worldwide.
E-commerce provides many advantages. For example, customers can purchase products whenever and wherever they want. Also, thanks to e-commerce, a company can reach customers worldwide and increase sales. E-commerce also reduces costs and increases efficiency. For example, a company’s costs to open and manage stores are reduced and the speed of the sales process increases.