E-commerce refers to the purchase and sale of goods and/or services via electronic channels such as the Internet.
Electronic commerce or e-commerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet.
There are 7 basic advantages of e-commerce:
-Faster buying/selling procedure
-Easy to find products
-No theoretical geographic limitations
-Low operational costs
-No need of physical company set-ups
-Easy to start and manage a business