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What is e-Commerce?
E-Commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It enables businesses and individuals to conduct transactions without the need for a physical storefront. E-Commerce includes various activities, such as:
- Online Retail: Selling physical products through platforms or websites.
- Service Selling: Offering services, such as consulting or digital marketing, online.
- Digital Products: Selling downloadable content, such as eBooks, courses, or software.
- Subscriptions: Providing recurring services or products, like streaming or monthly boxes.
- Online Marketplaces: Platforms like Amazon or eBay where multiple vendors sell their products.
E-Commerce has transformed how businesses operate, offering convenience, scalability, and global reach for both buyers and sellers.