What is ecommerce?
eCommerce is the term used to describe the selling of goods and services over the Internet. In general, creating a Web site that advertises and promotes your products can be considered eCommerce. In recent years, however, eCommerce has become much more sophisticated. eCommerce businesses now offer elaborate online stores where customers can browse thousands of products, place an order from various merchants, select the desired shipping method and pay for their purchases using their credit cards.
In its simplest form ecommerce is the buying and selling of products and services by businesses and consumers over the Internet. People use the term "ecommerce" to describe encrypted payments on the Internet.
Sometimes these transactions include the real-time transfer of funds from buyer to seller and sometimes this is handled manually through an eft-pos terminal once a secure order is received by the merchant.
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eCommerce stands for Electronic Commerce, which is in itself a broad term for selling on the internet through a website, electronically. With the ability to process credit cards electronically on the internet, just about anything can be sold on the web. More and more people are buying online and enjoying the benefits of convenience and lower prices. Online stores are often able to reduce prices because they are able to eliminate overhead such as having to pay employees to run a brick and mortar store. In a busy world like ours, convenience is everything! Shipping times are so fast now that when an item is ordered online it can often be at the buyer’s doorstep the next morning.
