____is basically a concept of online marketing and distributing of products and
services over the internet
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1
Answer:
E shopping is the answer for this...other answers are also suitable
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Answer:
E-commerce is a concept of online marketing and distributing products and services over the internet.
Explanation:
- E-commerce or electronic commerce is a part of the greater business industry i.e- E-business which has every component needed to run a business online.
- This refers to the process of buying or selling tangible products and services via the internet i.e. an electronic network.
- The customers are provided with the access to browse through an online store and place orders for products or services via using their devices like phones, computers, tablets etc.
- This online marketing service involves more parties. The process of transaction involves the exchange of data or currency. For small businesses with a narrow reach, E-commerce helps a lot.
- Providing goods and services is not easy and thus requires a lot of deep research and thus comprises 4 major market segments such as B2B (Business-to-business), B2C (Business-to-customer), C2C (Customer-to-customer) and C2B (Customer-to-business).
- Thus E-commerce is a concept based completely on the marketing and distributing of products and services that have various benefits such as wide availability, speed of access, low cost and easy access.
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