Evolution of eCommerce and Future Aspects

Abstract

The term eCommerce also known as Electronics commerce refers to selling products via websites or social media over the internet. eCommerece is basically based on Electronic Data Exchange (EDI), Online fund transfer, mobile commerce and automated data collection system. Ecommerce is also categorized into three types: Consumer to consumer (C2C), Business to Consumer (B2C) and Business to Business (B2B)in form of buying and selling products. The promotion of products is done by online marketing such as email or newsletters. In this paper the evolution of eCommerce is studied referring the conclusion of various online websites reports.