TECH TIP OF THE WEEK
Created: Jun 27, 2012 07:44 AM (Updated: Jun 27, 2012 07:46 AM)
Q: What is e-commerce?A: E-commerce is the act of buying or selling something online.The term e-commerce was the predecessor to online shopping, which was developed by Michael Aldrich in 1979.Some other terms emerging as a result of e-commerce are:— B2B (business 2 business) is when businesses buy or sell something to other businesses over the internet.— B2C (business to consumer) is when consumers purchase goods online from a business.E-commerce allows smaller businesses to circumvent the expense of having a traditional store front presence and consumers the luxury of shopping without having to commute.