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More people are buying and selling online, and e-commerce revenue keeps increasing, so it’s no surprise that the global e-commerce market is set to bring in £4.7 trillion at the end of 2023. But what exactly is e-commerce?
Though the simple answer is that e-commerce, or electronic commerce, is the online exchange of goods and services, let’s break down what it is, how it works, and how to get started with your own e-commerce business.
Definition of e-commerce
E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the internet. E-commerce relies on technology and digital platforms, including websites, mobile apps and
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