E-commerce technologies enable consumers to discover the actual costs merchants pay for products. this ability is called: cost transparency
E-commerce (electronic commerce) is the buying and selling of goods and services, or the transfer of funds and data, over electronic networks (primarily the Internet). These commerce transactions are either business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, or consumer-to-business.
The standard definition of e-commerce is commerce conducted over the Internet. Online stores such as Amazon, Flipkart, Shopify, Myntra, eBay, Quikr, and Olx are examples of e-commerce websites.
An e-commerce business is a business that buys and sells goods and services over the Internet. E-commerce businesses transfer money and data digitally to carry out these online transactions
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