- E-commerce: E-commerce, short for electronic commerce, refers to the buying and selling of goods or services using the internet. It also includes the transfer of money and data to execute these transactions. E-commerce can take on various forms involving different transactional relationships between businesses and consumers, including B2B, B2C, C2C, and C2B.
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The Importance of E-Commerce to the Digital Space
E-commerce is important in digital marketing as it provides businesses an opportunity to reach a global customer base, operate around the clock, and leverage unique sales techniques such as personalized recommendations. As more consumers shift to online shopping, effective e-commerce marketing becomes essential to drive traffic, increase conversions, and create a seamless online shopping experience.