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Electronic commerce, or more commonly known as ecommerce, refers to the practise of buying, selling, marketing and servicing of products or services over computer networks, and in recent times, even via mobile phones. This includes businesses selling and communicating with other businesses through electronic networks, in addition to the main and popular practice of direct trade between an individual and a business.

Ecommerce allows trade to cut through the boundaries of time and geography by bringing the seller and customer in virtual contact with each other in real time, irrespective of their location in the world. From a seller's point of view, ecommerce provides him with a worldwide audience at a relatively insignificant cost. For a buyer, it provides the convenience of buying almost anything he wants with just a few clicks of the mouse, and hence saving him precious time and energy that he would require if had to do the same by traditional "over the counter" methods. Due to......

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Approximate Word Count: 396
Approximate Pages: 2 (250 words per double-spaced page)

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