User:Lujainaziz/sandbox

what is E-coommerce? E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. Electronic commerce draws 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. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry.

Eight Unique Features of �E-commerce Technology:
 * 1) Ubiquity
 * 2) Global reach
 * 3) Universal standards
 * 4) Information richness
 * 5) Interactivity
 * 6) Information density
 * 7) Personalization/customization
 * 8) Social technology

Types of E-commerce:


 * Business-to-Consumer
 * Business-to-Business
 * Consumer-to-Consumer
 * Social e-commerce
 * Mobile e-commerce
 * Local e-commerce

E-commerce during COVID-19: In March 2020, global retail website traffic hit 14.3 billion visits [82] signifying an unprecedented growth of e-commerce during the lockdown of 2020. Studies show that in the US, as many as 29% of surveyed shoppers state that they will never go back to shopping in person again; in the UK, 43% of consumers state that they expect to keep on shopping the same way even after the lockdown is over