Electronic Commerce
Electronic Commerce
Electronic commerce has proliferated in the past decade as more consumers and businesses embrace the convenience, speed, and variety of online transactions. Electronic Commerce or E-commerce is the ability to conduct business electronically over the internet.
What is e-Commerce?
E-commerce is the buying and selling goods and services online over computer networks. It can take many forms, such as online retail, digital payments, online auctions, internet banking, online ticketing, and e-learning.
It is a platform for selling products & services over the Internet.
Video Tutorial
A customer uses a browser and navigates to the merchant’s e-commerce website on the Internet. The customer browses the catalog of products featured on the website and select items to purchase.
The selected items are placed in the shopping cart. The customer provides a shipping address for purchase and delivery. The customer uses a credit card and pays for the products.
The e-commerce server site then forwards the order to a processing network for payment processing and fulfillment. The bank validates the credit card number.
After success, the order is completed at the merchant’s website, which displays a receipt confirming the customer’s purchase. The shipment will be delivered to the customer.
Types of E-commerce
Popular E-commerce Websites in USA
Some popular e-commerce websites in the USA are as follows:
- Amazon (USA) – Largest global e-commerce platform for everything from books to electronics.
- eBay (USA) – Online auction and consumer-to-consumer sales.
- Walmart (USA) – Major retailer with a strong online presence.
- Etsy (USA) – Focuses on handmade, vintage, and craft items.
Popular E-commerce Websites in India
Some popular e-commerce websites in India are as follows:
- Flipkart – Major Indian online shopping platform for electronics, fashion, and more.
- Amazon India – Local version of Amazon with COD and regional language support.
- Myntra – Specializes in fashion and lifestyle products.
- Ajio – Reliance-owned fashion and lifestyle platform.
- Snapdeal – Offers budget-friendly products across categories.
- Nykaa – Beauty and wellness-focused online store.
- Tata CLiQ – Offers electronics, fashion, and more with Tata brand assurance.
Popular E-commerce Websites in China
Some popular e-commerce websites in China are as follows:
- Alibaba (China) – B2B e-commerce platform; massive marketplace for wholesalers.
- AliExpress (China) – B2C version of Alibaba, popular for low-cost goods.
Popular E-commerce Websites in Japan
- Rakuten (Japan) – One of the largest e-commerce sites in Japan.
