What is ecommerce?

Ecommerce, short for electronic commerce, refers to the buying and selling of goods or services using the internet, as opposed to traditional brick-and-mortar stores. Ecommerce has grown rapidly in recent years due to the convenience and accessibility it offers to consumers. Online retailers can showcase their products on their websites and enable transactions through various payment methods, with orders generally fulfilled through shipping or digital delivery. Businesses of all sizes can benefit from incorporating ecommerce into their sales strategy, allowing them to reach a wider audience and expand their customer base.

This mind map was published on 31 May 2023 and has been viewed 97 times.