E-commerce is the new way of selling and buying online that is spreading across the globe. The E in e-commerce stands for electronic, so e-commerce means electronic sales. Europe is the area that has the highest e-commerce sales in the world with the United States closing in fast behind them.
China is a new market that has not been infiltrated with e-commerce so far. There are billions of dollars that can be made in China in the near future when the trade markets open up to outside sales.
E-commerce has a lot of benefits. First, there is no boundary to sales except for countries such as China whose government does not allow outside sales in their country, currently. The rest of the world has moved ahead and online sales happen everyday all over the world.
Books are one of the most sold items found online. A lot of books have been sold online through companies that traditionally sold books through physical book stores in malls and retail outlets.
Current trends show that e-commerce is here to stay and that this will continue to be a growing trend in the coming decades. Over the coming years, global trends show that e-commerce will increase in the areas that it is already growing and that it will expand into new areas with explosive levels of growth.
Online retailers are banking on this trend and are preparing to expand as e-commerce continues to grow. Recent studies have shown that over 70% of customers like to buy online and plan to continue buying online in the future.