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E-Commerce is one of the most important facets of the Internet to have emerged in the recent times. Ecommerce or electronic commerce involves carrying out business over the Internet. To be specific ecommerce would be buying and selling of goods and services and transfer of funds through digital communications.
Ecommerce allows website owners to carry out business without the barriers of time or distance. As we all know, customer can come anytime, be it day or night and purchase anything you have on offer.
The direct cost-of-sale for an order taken from a web site is lower than through traditional means (retail, paper based), as there is no human interaction during the on-line electronic purchase order process. Also, electronic selling virtually eliminates processing errors, as well as being faster and more convenient for the visitor.
Another important benefit of Ecommerce is that it is the cheapest means of doing business.