What is e-commerce?

The definition of e-commerce specifically centers on the buying and selling of goods or services using the Internet. This concept encompasses a wide range of online activities, including retail transactions through websites, mobile commerce, and electronic marketplaces. By leveraging digital platforms, businesses can reach customers across geographical boundaries, streamline their operations, and enhance customer convenience.

E-commerce is more than just a transaction; it also involves various elements such as online payment systems, customer service, and logistics management, all of which contribute to a complete online shopping experience. This digital business model has transformed traditional commercial practices, allowing for immediate purchases and a broader reach for retailers, which is a fundamental aspect of e-commerce.