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Smart entrepreneurs living in the e-commerce world have a lot to learn about the industry. There are many, many basic e-commerce fundamentals that every retailer needs to know.
E-commerce is the process of buying and selling goods and services, or transferring money or data, over an electronic network, most notably the Internet. These transactions occur either from business to business (B2B), business to consumer (B2C), consumer to consumer, or consumer to business. The terms e-commerce and e-business are often used interchangeably. However, the term e-tail is sometimes used to refer to the transactional processes that constitute online retail shopping.
There are many different ways to categorize e-commerce sites. They can be categorized according to the products or services they sell, the parties they deal with, and the platforms they operate on.
Using e-commerce platforms, retailers build online stores called e-commerce stores where they showcase their products and services. Having an online storefront is one of the most straightforward ways to conduct e-commerce. There are a large number of e-commerce solutions and choosing the right one for your business depends on your budget, preferences and company needs. Below we have listed the best e-commerce solutions currently available in the market.
Some examples of e-commerce marketplace platforms include:
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