What is e-commerce?

E-commerce is the process of buying, selling or exchanging products, services and information over the Internet.

E-commerce allows consumers and businesses to buy products from the sale 24 hours a day, 7 days a week and in all countries of the world. Because of some businesses without physical store availability, not a large number of employees can sell goods or services at more competitive prices and increase their sales.

At present, e-commerce has spread to a wide variety of types of businesses from consumer sites, through auction sites or music, to commercial exchanges that exchange goods and services between companies, can be classified into 5 major types : Business to consumer, business to employee, consumer to consumer, government to consume.

Almost all e-commerce sites are on-line stores that have their disposal an on-line e-catalogue offering a list of products for sale with all its features, availability, delivery period and also comments from former buyers. To facilitate the purchase of multiple products it has a virtual trolley system because through this can cancel or add more quantities of a product. Usually e-commerce sites have a wide variety of payment methods whether it be credit card or Pay pal guaranteeing the consumer safe on-line payment and the return of the import if they produce a refund or incident. In some e-commerce they have possibility to locate the process of package and to provide information on the time and day of the delivery.

The great ease and low cost of opening an internet business influenced the increasing on-line business becoming increasingly competitive among each other and forcing companies to spend extra money on marketing, advertising, SEO and others designing more attractive websites.

It should be noted that there are some disadvantages to electronic commerce: not being able to see the product physically, smell it or appreciate in detail its colour, shape or quality. Bullying to the attacks of Hackers. Distance between buyer and seller. Shipping costs.