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E-commerce is an innovative process that involves "buying and selling products through websites on the Internet" rather than shopping in offline stores. Electronic commerce, commonly known as electronic commerce or electronic commerce, is the negotiation of products or services through computer networks, such as the Internet. E-commerce relies on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, and online transaction processing. In general, electronic commerce is considered to be the buying and selling of products over the Internet, but any transaction made solely by electronic measures can be considered electronic commerce. It includes activities such as order entry, transaction processing, payment, authentication, inventory control, order fulfillment, and customer service. Electronic commerce (electronic commerce) refers to doing business on the Internet. Websites like Amazon.com and eBay are e-commerce sites. Electronic commerce is a type of business model, or segment of a broader business model, that allows a company or individual to conduct business over an electronic network, usually the Internet. Almost any product or service can be offered through e-commerce, from books and music to financial services and airline tickets.
SnapDeal set a niche for itself in the sphere of e-commerce in India. In 2010, when Kunal Bahl and Rohit Bansal wanted to start their own business, they chose an offline coupon business and named it MoneySaver. 15000 coupons were sold in three months and it was time to take the business to the next level. As of 2014, Snapdeal had 300,000 sellers, over 30 million products across 800+ diverse categories from over 125,000 regional, national, and international brands and retailers and a reach of 6,000 towns and cities across the country.
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