21 Facts About Electronic commerce

Typical e-Electronic commerce transactions include the purchase of products or services.

The existence value of e-Electronic commerce is to allow consumers to shop online and pay online through the Internet, saving the time and space of customers and enterprises, greatly improving transaction efficiency, especially for busy office workers, but saving a lot of valuable time.

APEC has an Electronic Commerce Steering Group as well as working on common privacy regulations throughout the APEC region.

Specifically, research shows that the e-Electronic commerce market is expected to grow to over $20 billion by 2020 among these GCC countries.

The e-Electronic commerce market has gained much popularity among western countries, and in particular Europe and the US These countries have been highly characterized by consumer-packaged goods.

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In 2013, Brazil's e-Electronic commerce was growing quickly with retail e-Electronic commerce sales expected to grow at a double-digit pace through 2014.

Regardless, the disparity in percentage between these regions is expected to level out in future because e-Electronic commerce technology is expected to grow to allow for more users.

E-Electronic commerce has become an important tool for small and large businesses worldwide, not only to sell to customers, but to engage them.

However, the success of cross-border e-Electronic commerce promotes the development of small and medium-sized firms, and it has finally become a new transaction mode.

In 2012, e-Electronic commerce sales topped $1 trillion for the first time in history.

Traditional businesses, one research stated that information technology and cross-border e-Electronic commerce is a good opportunity for the rapid development and growth of enterprises.

E-Electronic commerce allows customers to overcome geographical barriers and allows them to purchase products anytime and from anywhere.

E-Electronic commerce security is protecting businesses' websites and customers from unauthorized access, use, alteration, or destruction.

However, the emergence of e-Electronic commerce has provided a more practical and effective way of delivering the benefits of the new supply chain technologies.

E-Electronic commerce has the capability to integrate all inter-company and intra-company functions, meaning that the three flows of the supply chain could be affected by e-Electronic commerce.

Finally, e-Electronic commerce provides companies a more efficient and effective way to collaborate with each other within the supply chain.

E-Electronic commerce helps create new job opportunities due to information related services, software app and digital products.

The development of e-Electronic commerce will create jobs that require highly skilled workers to manage large amounts of information, customer demands, and production processes.

E-Electronic commerce brings convenience for customers as they do not have to leave home and only need to browse website online, especially for buying the products which are not sold in nearby shops.

E-Electronic commerce technologies cut transaction costs by allowing both manufactures and consumers to skip through the intermediaries.

However, e-Electronic commerce lacks human interaction for customers, especially who prefer face-to-face connection.