What is the base of e-commerce?

E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.

Is Amazon an ecommerce?

And with over 564 million products sold in the U.S. alone, Amazon is the uncontested ecommerce leader and continues to grow and innovate. This success took years to achieve and is due in part to Amazon’s strategic approach to growth.

What are the two main types of e-commerce?

The primary e-commerce models broadly cover two main categories:

  • business to consumer (B2C) – selling products/services directly to consumers.
  • business to business (B2B) – selling goods/services to other businesses.

What is e-commerce PDF?

E-commerce is the activity of buying or selling of products on online services or over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds. transfer, supply chain management, Internet marketing, online transaction processing, electronic.

What are the 10 advantages of e-commerce?

10 Key Benefits Of Ecommerce For Your Business

  • Low costs. A significant advantage of ecommerce is that launching an online store is much less costly than opening a physical store.
  • Speed & Flexibility.
  • Faster Buying Process.
  • Product Catalogue.
  • Wider Customer Base.
  • Customer Data Insights.
  • Scalability.
  • Reviews & Ratings.

Which e-commerce is best in India?

Top 7 e-commerce websites in India

  1. Amazon. Amazon is one of the biggest online stores with a global presence.
  2. Flipkart. Flipkart is an Indian based e-commerce venture and over the years, it has garnered a lot of interest in the minds of Indian consumers.
  3. Jabong.
  4. Snapdeal.
  5. Myntra.
  6. Shopclues.
  7. PayTm.