Some of the economic activities like electronic funds transfer, online transaction, inventory management system, supply chain management etc. world have remained a myth had e-commerce not flourished. Technology reaching its acme has letting information exchange take place in a blink of an eye. In such a scenario, it would have been absurd had not trade and commerce gained from it all. Today, the most tech savvy people are the businessmen. Learn, adopt, make money – is their motto! It is not only the B2B business communication which is making profit from it, but also B2C ones are.
Although, at the beginning it was USA and UK which were the two countries that were gaining the maximum from this, now almost the entire world has turned to e-commerce. E-commerce was like a revolution, which has given the retailers and also the customers the ultimate freedom that they had been dreaming for since ages. E-bay was the pioneer of online selling and buying. E-commerce has let a buyer get the product of his choice, irrespective of his location. Globally or locally people have been at the gaining end, after e-commerce took over the field of commerce.