Electronic commerce

Electronic commerce is the buying, selling, marketing, distribution of goods and services over electronic systems such as the Internet or television, www. E-commerce can involve electronic funds transfer, electronic data interchange, automated inventory management systems, and automated data collection systems.

Information technology industry saw an e-commerce activities as the application and implementation of e-business (e-business) related to commercial transactions, such as electronic funds transfer, SCM (supply chain management), e-marketing (e-marketing) , or online marketing (online marketing), online transaction processing (online transaction processing), electronic data interchange (electronic data interchange / EDI), etc..

E-trade was first introduced in 1994 when the first-electronic banner used for promotional and advertising in a web-page (website). According to Forrester Research, electronic commerce to generate sales worth U.S. $ 12.2 billion in 2003. According to another report in October 2006, online retail revenues, non-travel in the United States is forecast to reach a quarter of a trillion U.S. dollars in 2011.

Source : www.wikipedia.com