TECH TIP OF THE WEEK

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Q: What is e-commerce?

A: E-commerce is the act of buying or selling something online.

The term e-commerce was the predecessor to online shopping, which was developed by Michael Aldrich in 1979.

Some other terms emerging as a result of e-commerce are:

— B2B (business 2 business) is when businesses buy or sell something to other businesses over the internet.

— B2C (business to consumer) is when consumers purchase goods online from a business.

E-commerce allows smaller businesses to circumvent the expense of having a traditional store front presence and consumers the luxury of shopping without having to commute.

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Published Jun 27, 2012 at 7:44 am (Updated Jun 27, 2012 at 7:44 am)

TECH TIP OF THE WEEK

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