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What Is E-Commerce? Definition, Types & Getting Started – Forbes

What Is E-Commerce? Definition, Types & Getting Started – Forbes

 

  

E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the internet. E-commerce relies on technology and digital platforms, including websites, mobile apps and social media to make buying and selling possible.According to Statista, Australian e-commerce sales were worth an astonishing $29.39 billion last year—not bad for a nation of 25 million people. It is a similar story in the US, where, according to the US Census Bureau, e-commerce sales totaled $US253.1 billion during the first quarter of 2023 alone. Here’s what you, too, can gain from e-commerce.Global Marketing ReachUnlike a physical store… 

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