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What is Ecommerce?

  Ecommerce has been in existence since 1994 in which Phil Brandenberger purchased the first product sold online - "Ten The Summoner's Tales" of Sting.   Now, in 2021 and an estimated 27.2 per cent of world's population shop on the internet. These statistics illustrate that in just 21 years, online shopping has become a element of the daily lives of all people around the globe. The article below we'll examine the details of the term "e-commerce.   We will go through the history of e-commerce and present some significant figures.   We will also explore the development of e-commerce platforms, platforms, and business models in order to demonstrate the impact it has made on the world up to today. What Is Ecommerce? Ecommerce, also known by the names of electronic commerce, online commerce or online commerce is a model of business that includes transactions online.   Retailers who sell their merchandise online are known as ecommerce stores, or companies. For inst...