Thursday, October 20, 2011

E-Commerce

Electronic commerce, commonly known as e-commerce, eCommerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks.

Electronic commerce is generally considered to be the sales aspect of e-business.

The trend of e-commerce transactions shows that B2B transactions increased from 8 billion U.S dollars.

Indian middle class of 288 million people is equal to the entire U.S. consumer base. This makes India a real attractive market for e-commerce.

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