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What are the Key Functions of E-Commerce
The rise of e-commerce has transformed the way businesses operate and how consumers shop. E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the internet. It encompasses a broad range of online business activities, from retail shopping to auctions and online banking. As digital technology continues to evolve, the functions of e-commerce have become increasingly sophisticated and integral to business success. This article explores the key functions of e-commerce, highlighting how they facilitate seamless transactions, improve customer experiences, and drive growth in the digital marketplace. Understanding these core functions is essential for businesses looking to leverage e-commerce to enhance their operations and compete in the global market.
Online Storefronts: Creating and managing websites where customers can browse and purchase products or services.
Shopping Cart and Checkout: Allowing customers to add items to a cart and securely process payments.
