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E-commerce Websites
Businesses sell products directly to consumers through online platforms.
Marketplaces
Platforms where multiple vendors can sell their products (e.g., Amazon, eBay).
Online Payment Systems
Facilitate electronic transactions, including credit/debit cards, digital wallets (e.g., PayPal), and other online payment methods.
It's a digital world
key aspects of digital commerce
digital commerce, often referred to as e-commerce, is the buying and selling of goods and services over the internet. it involves the electronic exchange of money for products and services and encompasses a wide range of online activities, including online shopping, electronic payments, and online banking.
Mobile Commerce (m-Commerce) – Buying and selling goods and services through mobile devices, such as smartphones and tablets.
Digital Marketing – Utilizing online channels (social media, search engines, email) for marketing products and services.
Supply Chain and Logistics – Efficient management of the supply chain, including inventory, order fulfillment, and shipping.
Electronic Data Interchange (EDI) – The electronic exchange of business documents between different companies, streamlining business processes.
Sustainability in digital commerce
Growing emphasis on sustainable practices in packaging, shipping, and overall business operations.
Digital commerce has become an integral part of the modern economy, transforming the way businesses operate and consumers shop. It offers convenience, accessibility, and a global reach that traditional brick-and-mortar stores may find challenging to match.
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