Ecommerce stands for Electronic commerce. With Ecommerce sites we can buy or sell products and services over the internet ie., goods, services, information, whatever.
The benefits of having an ecommerce website are many.
Revelation - Your products showcased on your website, provides a huge exposure to the millions of visitors on the web. For example, if you have a computer showroom in a city, the visitors that you would get, will only be people from the city itself and possibly some from in and around the city.
Cost Effective - Sustaining a store in a primary locality is highly expensive. On the contrary using the ecommerce is a whole lot easier technique of demonstrating and providing information about your products. Moreover promotion of your store and its products should be carried out from time-to-time. Web advertisement expenses are also less compared to print or other audio-visual medias, like radio or TV.
Time and Convenience - Time is one of the crucial factors in our lives now-a-days. A customer may find it difficult to visit your store physically everytime. On the other hand, if you have your store put on view on the Internet, anyone can pay a visit to your online store at their convenient time.
In an ecommerce website all that you need is a top-notch website design, that have a look and feel equally promising as your competitor, Search Engine Optimization to rank your website with your other competitors, and the annual hosting charges.