The buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. E-commerce is widely considered the buying and selling of products over the Internet, but any transaction that is completed solely through electronic measures can be considered e-commerce.
Benefits of E-commerce
1- E-commerce improves the brand image of the company.
2- E-commerce helps organization to provide better customer services.
3- E-Commerce helps to simplify the business processes and make them faster and efficient.
4-E-Commerce reduces paper work a lot.
5-E-Commerce application provides user more options and quicker delivery of products.
6-E-Commerce increases competition among the organizations and as result organizations provi des substantial discounts to customers.
7- E-Commerce has enabled access to services and products to rural areas as well which are otherwise not available to them.
8- Customers need not to travel to shop a product thus less traffic on road and low air pollution.
9-E-Commerce helps reducing cost of products so less affluent people can also afford the products.