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Typical e-commerce transactions include the purchase of products (such as books from Amazon) or services (such as music downloads in the form of digital distribution such as the iTunes Store). [2] There are three areas of e-commerce: online retailing, electronic markets, and online auctions. E-commerce is supported by electronic business. [3]
Since that time, the terms, "e-business" and "e-commerce" have been loosely interchangeable and have become a part of the common vernacular. [9] According to the U.S. Department Of Commerce, the estimated retail e-commerce sales in Q1 2020 were representing almost 12% of total U.S. retail sales, against 4% for Q1 2010. [10]
Free and open-source software portal; This is a category of articles relating to electronic commerce software which can be freely used, copied, studied, modified, and redistributed by everyone that obtains a copy: "free software" or "open-source software".
A number of high-profile break-ins in the 2000s has prompted some U.S. states to require disclosure to consumers when this happens. Computer security has thus become a major concern for merchants and e-commerce service providers, who deploy countermeasures such as firewalls and anti-virus software to protect their networks.
An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process.
Consumer-to-business (C2B) e-commerce is when a consumer makes their services or products available for companies to purchase. [2] The competitive edge of the C2B e-commerce model is in its pricing for goods and services. This approach includes reverse auctions, in which customers name the price for a product or service they wish to buy ...
Open Network for Digital Commerce (ONDC) is a public technology initiative launched by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India to foster decentralized open e-commerce model and is led by a private non-profit Section 8 company.
It helped to create an e-commerce solution or web site with high-performance, familiar tools designed to simplify setup, management, and administration tasks. [citation needed] The last version of the Microsoft-developed product is Microsoft Commerce Server 2009 R2. Microsoft continued to honor extended support of Commerce Server 2009 through ...