E –commerce, which is also known as electronic commerce, is a method used for buying and selling of product or service over electronic systems such as the Internet and other computer networks. E-Commerce includes various technologies such as electronic funds transfer, supply chain management; Internet marketing, online transaction processing, electronic data interchange i.e. EDI, inventory management systems, and automated data collection systems. E-commerce consists of the exchange of data to help the financing and payment aspects of business transactions.

A form of e-commerce which allows consumers to directly buy goods or services from a seller over the Internet without an intermediary service is known as online shopping or online retailing and this process is called business-to-consumer or B2C online shopping. The trend toward online grocery shopping is particularly strong in developed nations like the US and the UK. Whereas, when a business buys from another business it is called business-to-business or B2B online shopping.

Because of the internet and a growing dependency on online options, consumers are getting into a number of activities online, from social networking to shopping.

Ecommerce and Online Retailing Trends

1. As per the reports, the world B2C e-commerce industry market is estimated to generate $950 billion in 2015 and the world online market is expected to record 90% growth to exceed $827 billion by 2015.

2. Gobal eCommerce revenue is scheduled to hit close 1 trillion dollars by 2013 (JP Morgan).
3. Quality content, understanding the local culture and company sponsored embeded native ads will be the game changer in coming years.

Ecommerce and Online Major Player

New technologies have brought revolution in internet retailing industry. QR codes, augemented reality and mobile apps has changed the tradition way of ecommerce retailing. All big playerrs across the world are adopting these technologies very quickly few of them are:

Amazon, Dell, Ebay, Apple, Staples, Netflix, Best Buy, Flipkart, Target, Buy.com etc.