Chapter 2- Ecommerce and start ups

Idea generation is a creative process that is used to form new ideas or concepts and to help convert intangible ideas into tangible ones

Electronic commerce (ecommerce) refers to companies and individuals that buy and sell goods and services over the Internet. Ecommerce operates in different types of market segments and can be conducted over computers, tablets, smartphones, and other smart devices.

There are various advantages and disadvantages of ecommerce from faster buying process to lack of personal touch.

In these unpredictable times, many businesses scrambled to learn how to start a successful ecommerce business, and for good reason. After all, the COVID-19 pandemic shut down countless businesses in the Philippines over the past year-and-a-half. However, one industry rose above the rest, riding the wave of potential of 2021: ecommerce business

Online shopping is mainstream. Everyone does it and in lieu of recent in-store credit card security issues, it’s often viewed as more secure than going to a retail store or giving your credit card to a random customer service rep on the phone.