Urja Lab
Pokhara, Kaski
Monday to Friday
E-Commerce is defined as the internet or online business in which there is the process of buying and selling of the goods as well as the services through the internet. The transfer of money and data are executed online. There is a global pandemic around the world and everyone is inside their homes, in this situation the use of e-commerce is high in number compared to other situations.
The history of E-Commerce begins with the first-ever online sale: on August 11, 1994, a man sold a CD by the band Sting to his friend through his website NetMarket, an American retail platform. This is the first example of a consumer purchasing a product from a business through the World Wide Web—or “eCommerce” as we commonly know it today. There are many such online businesses where we can satisfy our basic needs like clothes, food, job, etc. Human beings are not satisfied with one need only when one gets to fulfil the other one suddenly crops up.
Thus, e-commerce is being used mostly during the time of lockdown worldwide. It always plays an important role in the coming future also. In the emerging global economy, e-commerce has become one of the most essential components and a firm catalyst for economic development.
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