E-commerce

E-commerce is a term used to describe the business of buying and selling products online. This involves the use of online platforms such as websites and mobile applications. E-commerce enables merchants to conduct transactions with customers regardless of geographic location and time.

E-commerce is much more than just a single website or application. It refers to a system of processes that make it possible for customers to buy and sell products or services on the internet. This system of processes typically includes setting up payment systems, managing inventory, selecting a platform to host the e-commerce store, and providing customer service.

E-commerce platforms enable businesses to easily design and launch their own store, accepting payments online and managing customer relationships. These platforms can be hosted on either dedicated servers or cloud-based infrastructure, and provide a wide variety of features and services that are essential for running a successful e-commerce business.

An example of e-commerce is an online clothing store. The way such an e-commerce store works is a customer visits the store, makes their selection and pays using an online payment system. When that payment is successful, the store processes the order, charges appropriate taxes and shipping fees, and ships the item to the customer's address. The store owner manages the inventory and keeps a record of customer orders and interactions, providing customer service as needed. All these processes are made possible by a combination of e-commerce technologies and solutions.