E-commerce, or electronic commerce, refers to the buying and selling of goods and services via the Internet. This can include everything from online shopping for physical goods such as clothes and electronics to digital goods such as software, music and movies.
E-commerce enables consumers to shop from their own homes and avoid having to visit physical stores. It also allows companies to reach a larger audience and expand their business into new markets.
E-commerce typically involves creating an online store that customers can visit, view products and make purchases. Completing online transactions often requires a payment gateway and other security measures to protect customer information.
E-commerce has made it possible for companies to streamline their business operations, reduce costs and increase sales by taking advantage of the opportunities offered by the Internet.
What is an online shop
An online shop (also known as a webshop, e-shop or internet store) is a virtual store where goods and services are sold online. It functions similarly to a brick-and-mortar store, except that it is available on the Internet and customers can visit and purchase products from their own devices, such as a computer or smartphone.
An online shop typically consists of a website that presents the products that are for sale and enables customers to search for and find the products they want to buy. When a customer finds a product they want to buy, they can add it to their shopping cart and then pay for it through an online payment gateway.
To run an online shop, there is typically a need for software or a platform that can handle the product catalog, transactions and orders. In addition, customer service and delivery must be taken into account, just as a physical store would have.
An online shop can be run by both small and large companies and can be an effective way to reach a large audience and increase sales.
Strategy for building the Webshop