E-Commerce - GCSE Business Definition

E-Commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. This digital form of commerce enables businesses and consumers to engage in transactions without physical stores, through websites or mobile apps. For GCSE Business students, understanding e-commerce is essential for explaining how businesses can reach a global market. It offers convenience and reduced costs for both sellers and buyers. It also involves online marketing, electronic payment systems, and technological influences on consumer behaviour and business operations.