Electronic commerce, commonly known as e-commerce or eCommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks.
Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating within an organization and one of the most effective and useful ways of conducting business.
However, there're many challenges for this field and somehow, ebay and amazon is not cheap enough for many people buying stuff online. Buying online should be cheap! Then there comes the challenges.
First let's take a look at the following video.
Is it a little bit attracting you!
This is how the whole market is under transformation. Diversity is so significant for the whole internet, and therefore various ways for e-commerce should be there.
Like this website, many places can give you cheap stuff. Is ebay and amazon still the same? Actually you can find the bid function on ebay and this really cool for most of the buyers. But how far will it go?
Let's enjoy and see what will happen next to the e-commerce!