What Is E-Commerce?
E-commerce (electronic commerce or EC) is the buying and selling of goods and services on the Internet. In practice, this term and e-business are often used interchangeably. For online retail selling, the term e-tailing is sometimes used.
Aspects of e-commerce include:
* E-tailing or "virtual storefronts" on websites with online catalogs.
* The gathering and use of demographic data through Web contacts.
* Electronic Data Interchange (EDI), the business-to-business exchange of data.
* email, <term>instant messaging</term> and <term>social networking</term> as media for reaching prospects and established customers.
* Business-to-business buying and selling.
* The security of business transactions.
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