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Practical advice for business

E-commerce has radically revolutionalized the act of selling and buying, introducing both speed and efficiency. It refers to the process of buying and selling goods and services over the internet. It stands for Electronic Commerce, referring to carrying out of trade transactions through the internet. The concept of E-commerce owes it roots to the 1960s after the introduction of electronic data interchange (EDI) . From the days of EDI, E-commerce has undergone many rapid changes that have seen it grow into an efficient instrument evidenced today; the internet.