What is E-Commerce and what does it do for us?


What is E-Commerce, what does it do for us?



Hello everyone! Welcome back, today, we will be talking about what e-commerece does for us. 

 

But first, what is E-Commerce, and how does it relate to you?

 

Have you ever heard of Amazon? I’m sure most of you have, but for the ones that haven’t, what is it? 

 

Amazon is a global e-commerce company. Amazon has their own products but mainly others sell their products on Amazon. We’ll refer to them as “Amazon Sellers.” Amazon sellers sign up on Amazon’s website to sell their products. This is essentially what e-commerce is, getting and manufacturing their product and selling it to consumers.



Although Amazon is one of the most popular, it’s not the only one..

 

There’s many e-commerce websites on the internet, who sell items from Clothing, to foods & fruits. 



E-commerce revenue reached 271 Billion in the third quarter of 2023. The 271 billion increased 0.9% since the last quarter, according to The United States Department of Commerce.

 

E-commerce is a booming industry, especially as technology has taken over our lives. It’s so much more convenient for people because of the simple fact that they can simply open a computer, go to a website, pick out what they want, enter information, and they’ll have their items within a few days. 

 

That’s it for this crash course, as always if you enjoyed it please come back for the next one.

 

Bye!

 

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