What is e-commerce and why is it getting so popular? Today we will answer these questions.

Additionally, e-commerce offers opportunities for faster, effective and reliable communication with customers and partners.

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What is e-commerce and why is it getting so popular? Today we will answer these questions.

 

E-COMMERCE is the activity of buying or selling of products on online services or over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

 

E-commerce businesses may also employ some or all of the followings:

 

- Online shopping for retail sales direct to consumers via Web sites and mobile apps, and conversational commerce via live chat, chatbots, and voice assistants;

- Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consumer sales

- Business-to-business buying and selling;

- Gathering and using demographic data through web contacts and social media;

- Business-to-business (B2B) electronic data interchange

- Marketing to prospective and established customers by e-mail or fax (for example, with newsletters);

- Engaging in pretail for launching new products and services;

- Online financial exchanges for currency exchanges or trading purposes.

 

WHY IS E-COMMERCE GETTING SO POPULAR?

Firstly, it's a great tool of the modern business which aims to meet the different needs of business organizations and customers.

It’s a super opportunity for:

- reducing the cost;

- improving the quality of goods and services;

- increasing the speed of delivery.

Additionally, e-commerce offers opportunities for faster, effective and reliable communication with customers and partners.

 

Polimex eCommerce boosts your sales in times. Offer basic items and core products through the partner affiliate channel.

 

Polimex Group is waiting anxiously to hear your thoughts about e-commerce. Contact us if you’re interested.