Electronic Commerce
Electronic Commerce or eCommerce is essentially the system involving buying and selling of different products and services over electronic systems like the Internet.
So when you are buying that book on amazon.com or selling your used bicycle on eBay, you are essentially participating in electronic commerce or eCommerce.
As such, eCommerce has begun and grown exponentially over the past 10 years. It has now become a major focus of revenue generation for millions of businesses world wide. The main advantage is that almost any small and large business owner can participate in eCommerce activities, provided they have a website which is eCommerce enabled.
The fact is that Electronic Commerce is currently responsible for over billions of dollars of revenue generation across the globe. And as the role of the Internet grows over time, this revenue will, naturally, increase.
To put it mildly, having an eCommerce enabled website is akin to creating a global store front and a global access to your store (a place where you sell your products and services).
So when you are buying that book on amazon.com or selling your used bicycle on eBay, you are essentially participating in electronic commerce or eCommerce.
As such, eCommerce has begun and grown exponentially over the past 10 years. It has now become a major focus of revenue generation for millions of businesses world wide. The main advantage is that almost any small and large business owner can participate in eCommerce activities, provided they have a website which is eCommerce enabled.
The fact is that Electronic Commerce is currently responsible for over billions of dollars of revenue generation across the globe. And as the role of the Internet grows over time, this revenue will, naturally, increase.
To put it mildly, having an eCommerce enabled website is akin to creating a global store front and a global access to your store (a place where you sell your products and services).
No comments:
Post a Comment