Ecommerce Description

E-commerce, or electronic commerce, refers to the buying and selling of goods and services, or the transfer of funds or data, over an electronic network, primarily the internet. It encompasses a wide range of online business activities, including everything from online shopping to online ticketing and banking. Essentially, it's any business transaction that occurs electronically instead of through physical exchanges or direct contact. Online businesses can operate with lower overhead costs compared to traditional brick and mortar stores, including rent, utilities and staffing. Customers can shop anytime, anywhere, making e-commerce highly convenient. E-commerce is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.