E-commerce means Electronic commerce. It is a type of industry where buying and selling of product or service is directed over electronic systems such as the Internet and other computer networks. E-commerce relies on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
If you are not isolated from the modern period of technology for the last few years, you have probably heard about e-commerce. And you have heard about it from several different angles. You may have:

•   heard about all of the companies that offer e-commerce because you have been overrun by their TV and radio ads
•   read all of the news stories about the shift to e-commerce and the hype that has developed around e-commerce companies
•   seen the huge valuations that Web companies get in the stock market, even when they don't make a profit
•   purchased something on the Web, so you have direct personal experience with e-commerce

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