E-commerce, or the buying and selling of goods and services  Increased competition: E-commerce has lowered the barriers to entry for many businesses, making it easier for new businesses to enter the market. This has increased competition, which has led to lower prices for consumers. Improved efficiency: E-commerce has made it easier for businesses to reach customers all over the world. This has improved efficiency by reducing the need for physical stores and reducing the time and cost associated with shipping and handling. Job creation: E-commerce has created new jobs in areas such as website design, online marketing, logistics, and customer service. Shift in consumer behavior: E-commerce has changed the way consumers shop. They can now shop from the comfort of their own homes, at any time of the day or night. This has led to a shift in consumer behavior, with more people preferring to shop online. Impact on traditional retail: E-commerce has had a significant impact on traditional retail. Many brick-and-mortar stores have had to close due to the increased competition from online retailers. Overall, e-commerce has had a positive impact on the economy, providing new opportunities for businesses, creating jobs, and offering consumers more choices and convenience. However, it has also had some negative effects, such as the impact on traditional retail and the potential for increased cybersecurity risks.

Here are some examples of e-commerce stores: Amazon - One of the world's largest e-commerce retailers, offering a wide range of products including books, electronics, clothing, and more. eBay - An online auction and shopping website where users can buy and sell products. Shopify - An e-commerce platform that allows businesses to create and manage their online store. Etsy - A marketplace for handmade and vintage goods, as well as unique factory-manufactured items. Zappos - An online shoe and clothing retailer known for its customer service and easy returns policy. Walmart - A retail giant that offers a range of products both online and in-store. Best Buy - A leading retailer of electronics, appliances, and home entertainment products. Wayfair - An online home goods store offering a vast selection of furniture, decor, and other home essentials. Sephora - An online beauty store offering make-up. And many more including jumia, AliExpress, konga, jiji etc

*WELCOME TO E-COMMERCE* E-commerce, short for electronic commerce, refers to buying and selling goods and services online through the internet. The growth of the internet and mobile technology has revolutionized the way people shop, and e-commerce has become a popular and convenient way for businesses to reach customers. There are several types of e-commerce models including, 1.Business-to-Business (B2B) 2.Business-to-Consumer (B2C) 3.Consumer-to-Consumer (C2C) 4.Consumer-to-Business (C2B). B2B e-commerce involves transactions between businesses, while B2C e-commerce refers to transactions between businesses and consumers. C2C e-commerce involves transactions between consumers, such as in online marketplaces, while C2B e-commerce refers to transactions where consumers sell products or services to businesses, such as in freelance platforms. In conclusion, E-commerce platforms typically include a website or mobile app that allows customers to browse and purchase products or services, as well as features for payment processing, order tracking, and customer support.