e-commerce

Some facts about e-commerce:

1. E-commerce, short for electronic commerce, refers to the buying and

selling of goods and services over the internet.
2. E-commerce has revolutionized the way people shop, allowing them
to make purchases from the comfort of their own homes.
3. Online retailers such as Amazon, eBay, and Alibaba have become major players in the e-commerce
industry, offering a wide range of products to customers worldwide.
4. E-commerce has also opened up new opportunities for small businesses and entrepreneurs to reach a
global audience without the need for a physical storefront.
5. The convenience of e-commerce has led to a significant increase in online shopping, with consumers
able to compare prices and find the best deals with just a few clicks.
6. Mobile e-commerce, or m-commerce, has also become increasingly popular as more people use their
smartphones and tablets to make purchases on the go.
7. E-commerce platforms often offer secure payment options such as credit card payments, PayPal, and
digital wallets to ensure safe transactions for both buyers and sellers.
8. With the rise of e-commerce, traditional brick-and-mortar stores have had to adapt by creating their
own online presence to remain competitive in the market.
9. E-commerce has also given rise to new business models such as drop shipping, where retailers can sell
products without holding inventory or shipping items themselves.
10. As technology continues to advance, e-commerce is expected to continue growing and evolving,
shaping the future of retail and consumer behaviour.

Fill in the gaps with the appropriate words, please:

Words: mobile · cryptocurrency · audience · retailers

shopping · services · store · advertising

1. E-commerce, or electronic commerce, is the buying and selling of goods and ______________________
over the internet.
2. One of the main advantages of e-commerce is that it allows businesses to reach a global
_______________________________.
3. Customers can make purchases from the comfort of their own homes, without having to visit a physical
_______________________________.
4. E-commerce platforms often offer a wide range of payment options, including credit card, PayPal, and
_______________________________.
5. In order to attract customers and drive sales, businesses need to invest in
effective________________________ and marketing strategies.
6. It's important for e-commerce websites to provide a secure and user-friendly checkout process to
ensure a positive____________________________ experience for customers.
7. With the rise of mobile devices, many e-commerce businesses are now focusing on optimizing their
websites for ___________________________ shopping.
8. E-commerce has also given rise to new business models such as drop shipping, where _____________
can sell products without holding inventory or shipping items themselves.
KEY:

1. services
2. audience
3. store
4. cryptocurrency
5. advertising
6. shopping
7. mobile
8. retailers