eCommerce
The Internet has created a new economic ecosystem, the e-commerce marketplace, and it has become the virtual main street of the world. Providing a quick and convenient way of exchanging goods and services both regionally and globally, e-commerce has boomed. Today, e-commerce has grown into a huge industry with US online retail generating $175B in revenues in 2007,[1] with consumer-driven (B2C) online transactions impacting industries from travel services to consumer electronics, from books and media distribution to sports & fitness.
Source :http://www.wikinvest.com/concept/E-Commerce
Now B2C ( Business to Consumer) hits the Philippines and getting bigger more and more people using internet to buy product online.
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