Define E-commerce
E-commerce (Electronic Commerce) refers to the buying and selling of goods and services, or the transfer of funds and data, over the internet. It allows businesses and customers to conduct commercial transactions online using websites, mobile apps, or other digital platforms.
Benefits of E-commerce for Customers
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Convenience – Customers can shop anytime and anywhere without visiting physical stores.
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Wider Choice – Access to a global marketplace with a variety of products and services.
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Price Comparison – Easy to compare prices across different sellers and find the best deals.
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Time-Saving – Eliminates travel and waiting in queues, making shopping faster.
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Access to Reviews and Ratings – Helps customers make informed decisions based on other users’ experiences.
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Home Delivery – Purchased products are delivered directly to the customer’s location.