Question

Define E‐commerce ? Write tis advantages.​

Answer 1

Answer:

$\fbox\color{red}{Answer}$

$\sf\huge\underline\purple{E commerce}$

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.

$\sf\huge\underline\green{Advantages}$

Advantages of eCommerce

There are many obvious and not-so-obvious pros to doing business online. Understanding exactly what they are can help you leverage them to your advantage:

1. A Larger Market

eCommerce allows you to reach customers all over the country and around the world. Your customers can make a purchase anywhere and anytime, especially more people are getting used to shopping on their mobile devices.

Global advantages of e CommerceImage source

2. Customer Insights Through Tracking And Analytics

Whether you're sending visitors to your eCommerce website through SEO, PPC ads or a good old postcard, there is a way to track your traffic and customers' entire user journey to get insights into keywords, user experience, marketing message, pricing strategy, and more.