If you are looking to start a business where you will be selling products through the Internet, you are going to be one of the millions of people who have made careers in the world of what is now known as e-commerce.
What is Ecommerce?
The term e-commerce can essentially be defined as the activity of buying and selling products and/or services through online channels (i.e. the Internet). E-commerce first emerged in the 60s through electronic data interchange.
With the advent of the internet becoming more accessible around the world, the 90s and early 2000s saw a massive boom in the ecommerce industry with the likes of Amazon becoming giants after having started off from the founder’s garage back in ’95.
Over the years, the e-commerce industry has seen development with advancing technology taking the helm. With the rise of social media platforms like Facebook, mobile devices, and ever-increasing accessibility to the internet around the world, e-commerce has become an expansive field. Proper enterprise-level businesses now make up a strong portion of the e-commerce industry, and it is estimated that in four years’ time, e-commerce is going to make up for almost 20 per cent of all retail sales in the United States. With communications technology improving every passing day, the numbers are going to keep on increasing in the US and around the world as we move forward.