Ecommerce, or electronic commerce (also known as online retail), is a model that involves selling products and making commercial transactions on the internet.
Ecommerce is a business trend that’s taking off. More business owners are realizing the importance of having an online presence for their business. After all, it was Bill Gates who said this:
If your business is not on the Internet, then your business will be out of business.
In the years to come, you’ll see more brick and mortar stores closing their physical outlets and ramping up on online transactions.
Having said all that, the ecommerce business model is also available to ordinary people like you and I. In fact it isn’t just companies and organizations that are using it. It is very easy for a layman to set up an online storefront these days, with platforms such as Shopify, eBay and Etsy being available to the masses. If you are interested to learn more about how you can start your own ecommerce business even without carrying your own inventory, you will be pleased to know that there are courses that teach you how to do that.