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Ecommerce, or electronic commerce, is the process of purchasing and selling products or services through the internet. It covers everything from individual brand websites and online marketplaces to mobile apps and digital subscriptions. Whether someone is buying clothing, booking a service, or subscribing to a product plan, ecommerce enables fast, convenient, and secure transactions online, connecting buyers and sellers directly without a physical storefront.
Ecommerce is essential because it allows businesses to reach a global audience, operate 24/7, reduce overhead costs, and offer personalized experiences. It also provides customers with convenience, product variety, and the ability to compare prices and reviews before purchasing.
There are four primary ecommerce business models:
Customers visit a website or app, browse products, add them to a cart, and pay online. Orders are processed through ecommerce platforms, and products are delivered or accessed digitally.
Buying a subscription box from a Shopify store or downloading software after online payment is a form of ecommerce.
Start small with a niche and scale your ecommerce business by focusing on customer experience, SEO, and mobile optimization.