Electronic Commerce, better known as E-Commerce, is the purchasing, selling, and exchanging of goods and services over computer networks, such as the Internet, through which transactions or terms of sales are performed electronically.
It can help increase profits by increasing sales and decreasing costs. It also allows organizations to do business 7 days a week, 24 hours a day. With this advantage, these organizations are able to have customers all around the world. E-commerce can also help organizations identify new suppliers, partners, and customers.
Ref:www.mattsdavidson.com/newyork-e-commerce/
