E-commerce sites allow people to buy and sell products, programs, or services over the Internet. They are different from a regular website because instead of only providing information, they allow customers or businesses to purchase a good or service online. Shopping online using e-commerce sites takes the "middle-man" out of the scenario. It allows the customer to purchase an item in real-time from a company's website, instead of physically going to the store and ordering a product.
No of sites are created online everyday. Individuals and companies are taking the opportunity to buy and sell online. Small businesses, entrepreneurs, and corporations are seeing the value in selling online and aren't letting it slip through their hands. With the rapid growth of the Internet, it is only a matter of time before every good and service can be found, bought, and delivered through the Internet. Businesses are able to get directly inside their potential consumers homes with the single click.
E-commerce is becoming most important in businesses as the Internet grows and competition becomes more powerful. It has many advantages for both coustomers and businesses alike. From the business perspective, with less time spent for each transaction, more transactions can be achieved on the same day and more money can be made. This time factor is also beneficial from a customer standpoint. They see a product which they want and can order it within few minutes. With the "middle-man" gone businesses and customers can save money.
As the global market expanding rapidly, e-commerce websites will also increase rapidly. Eventually, it will become essential for a company to have one to survive and stay competitive in the ever changing market.