E-commerce: buying and selling of products through an electronic medium – like the internet.
Today, when someone refers to e-commerce they are mostly referring to the buying and selling of products over the web.
E-commerce, or electronic commerce, is the use of internet technology to trade products, services and pretty much anything else you can think of.
One of the types of E-commerce is Business to Business (B2B), B2B e-commerce refers to a business selling a good or service to another business, like a manufacturer and wholesaler, or a wholesaler and a retailer. Business to business e-commerce isn’t consumer-facing, and usually involves products like raw materials, software, or products that are combined. Manufacturers also sell directly to retailers via B2B ecommerce.
eCommerce Helps Businesses Go Global
Put your products for sale anywhere in the world. They will not have the explicit need to travel to where you are to see what you have to offer, and It also give you the opportunity to increase your outreach. It’ll offer your products & services to customers around the whole world, regardless of the distance and time zone.
Furthermore, this eliminates all kinds of geographical and linguistic tango barriers. Your e-commerce translated into different languages will allow them to buy from different countries.
eCommerce Can Broaden Your Brand & Expand Your Business
Having an eCommerce store can be used to broaden your range of products/services for sale, expanding your business, bringing you more custom, and diversifying your sales. It’s the ideal way to take your brand from a traditional brick & mortar store to an innovative.