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What is E-Commerce?

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    Is It Possible to Sell Over the Internet?

    The answer to this question has been unequivocally “yes” for many years. In the early years of the Internet, companies only used websites to write their addresses, put their logos and indicate phone numbers. However, in the following years, the technical possibilities of internet sites increased. Banks switched to the credit card system and encouraged digital use instead of cash. Users who have preferred bank payments instead of cash payments via POS devices for many years love this. It was both much safer and much faster. Over time, websites have become able to provide all the necessary process to sell a product entirely over the internet. Creating an order, receiving support, online payment… When the missing rings were completed, it became possible to sell products over the internet. Since then, there has been a boom in online product sales worldwide.

    Global internet retail sales reached $5.2 Trillion in 2021*. By 2026, this figure is expected to reach $8.1 Trillion*. The market is growing exponentially every year.

    Which Products Can Be Sold Online?

    It’s entirely up to your imagination! You can sell all the products and services offered by you and your business online. Don’t forget, today, a wide range of products such as knitted hand towels, soaps, household appliances, industrial parts, nuclear medicine imaging devices, automobiles are sold on the internet. Whether the amount is 0.001 cents or 1,000,000 dollars, the products find buyers. As long as you are in the right market!

     

    Source: CorpLine® Support Team

    * Stats: Statista

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