E-commerce is short for Electronic Commerce. In a nutshell, eCommerce is buying and selling of products or online services through online transaction or over the internet. It can be a quick and easy way to do business.

It is also easy to start an eCommerce business compared to brick and mortar businesses.

E-commerce businesses may also employ some or all of the followings:

• Online shopping for retail sales direct to consumers via Web sites and mobile apps, and conversational commerce via live chat, chatbots, and voice assistantsc
• Providing or participating in online marketplaces, which process third-party business-to-consumer (B2C) or consumer-to-consumer (C2C) sales
• Business-to-business (B2B) buying and selling;
• Gathering and using demographic data through web contacts and social mediac
• Business-to-business (B2B) electronic data interchange
• Marketing to prospective and established customers by e-mail or fax (for example, with newsletters)
• Engaging in pretail for launching new products and services
• Online financial exchanges for currency exchanges or trading purposes.