What is E-commerce ?

Also Electronic Commerce, Ecommerce means doing commerce (business) over the internet using some sort of electronic setup. Not to be confused with e-business, an ecommerce business usually deals in the transfer of information, money, services, etc., over the internet. An ecommerce business can be B2C (Business to Customer), B2B (Business to Business), C2C (Customer to Customer), & C2B (Customer to Business). People shopping online, scheduling appointments with professionals online, renting homes online, a manufacturing unit ordering raw material from its partner's website, are all examples of ecommerce.

Subject : E-Commerce

Disclaimer: The term explained above has been compiled with consideration and care after consulting multiple sources. Despite our continuing efforts, we advise- the readers should not take decisions completely based on the information shared by FATbit on its glossary section.

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