1. What is E-Commerce? There exists no exact definition of e-commerce. Generally it is described as any kind of business transaction where information is exchanged electronically. To some people it means shopping at a website and buying products online, to other people it means just designing a web page in a way to increase the customers' interest. It does not necessarily describe a process of ordering and paying online. Electronic trading, in which a supplier provides …
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showed last 75 words of 1256 total
…most e-commerce website owners are generally optimistic. Three-quarters say their online market is expanding, while two-thirds say their ability to attract new customers is improving. Half of those polled say they are also seeing increased loyalty from past customers. So, as the customers get used to e-commerce, it becomes more popular. It may not replace the common way to buy and sell products but for most companies it offers new ways to reach their customers.