E-Commerce

Ecommerce, or electronic commerce, is the buying and selling of goods and services over the internet. Ecommerce has revolutionized the way people shop, communicate, and do business. Ecommerce has many benefits, such as convenience, cost-effectiveness, variety, and personalization. Ecommerce also has some challenges, such as security, privacy, trust, and delivery.

Ecommerce is not only a trend, but a necessity in the current market. Ecommerce has grown rapidly in the past decade, especially due to the COVID-19 pandemic, which forced many businesses to go online. According to Statista, the global ecommerce sales reached $4.28 trillion in 2020, and are expected to grow to $5.4 trillion in 2022. Ecommerce has also created new opportunities for entrepreneurs, innovators, and social impact.

Ecommerce can be divided into two main types: mobile commerce and web commerce. Each type has its own features, advantages, and disadvantages. Let’s explore them in more detail.