What is eCommerce?
eCommerce, or electronic commerce is the buying and selling of products and services over the internet. eCommerce as a business model offers a lot of opportunities to earn money because it requires only a small start-up budget, but there is potential to earn large profits. eCommerce sales of physical products are usually made on an online marketplace such as eBay
or on an eCommerce website
eCommerce grew in the 1980s but boomed in the 1990s following the rise of eBay and Amazon. Easy accessibility and the wide range of products and services for consumers made eCommerce even more popular.
Global trends indicate that eCommerce, particularly the sale of physical products, will see immense growth in coming years. eCommerce is set to dramatically change how we buy and sell products online. As with any form of business, eCommerce also has its fair share of competition. To help you succeed here are a few articles that you may want to read: