What is E Commerce and Dropshipping ?


E-COMMERCE:

E-commerce, short for electronic commerce, is the buying and selling of products or services conducted over the internet. E-commerce is the best way to grow your business. It involves online transactions, electronic funds transfer, and digital data exchange, enabling businesses and consumers to engage in trade without physical proximity. E-commerce includes various forms such as online retail, electronic payments, online auctions, and more.



DROPSHIPPING:

Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product. This business model eliminates the need for inventory storage and management, making it attractive to entrepreneurs looking for a low-risk way to start an online business. However, successful dropshipping requires effective communication and collaboration with suppliers for seamless order fulfillment.


Both are the trending mathod of earning money.


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Source: https://onesears.blogspot.com/?m=1

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