e-Commerce
is the trading of any goods, information or services via the internet or World Wide Web (www).Any business activity conducted using electronic data transmission.
There are two types Business to Consumer(B2C)and Business to Business(B2B).
You may be surprised to know that B2B transactions account for the majority of e-Commerce activity on the web.
Goods & Services
that can be traded on the internet are wide ranging.Actual tangible products such as clothes, electrical equipment, mechanical goods.
As well as intangible products such as software, financial services, information and images.
Facts:
The growth of the internet has seen a steady rise in e-Commerce.Most transactions on the web are for between $15 to $45.
In the United State half of all car sales involve some use of the web.