What term describes conducting business by selling goods online and may use various fulfillment methods?

What term describes conducting business by selling goods online and may use various fulfillment methods?

• A. Retail store
• B. Subscription service
• C. Crowdfunding
• D. E-commerce (online retail)

Answer: (D)

Selling goods online with flexible ways to get them to customers describes e-commerce. This term covers online storefronts and marketplaces, where orders can be fulfilled through direct shipping, drop shipping, or using fulfillment centers or third-party services. That combination of selling over the internet and using multiple fulfillment methods is what defines online retail. A physical retail store happens in-person at a brick-and-mortar location, so it doesn’t describe online selling. A subscription service centers on recurring charges for products or access, not necessarily online sales, though it can be online. Crowdfunding is about raising funds from backers before a product exists, not about selling goods online routinely.

Selling goods online with flexible ways to get them to customers describes e-commerce. This term covers online storefronts and marketplaces, where orders can be fulfilled through direct shipping, drop shipping, or using fulfillment centers or third-party services. That combination of selling over the internet and using multiple fulfillment methods is what defines online retail.

A physical retail store happens in-person at a brick-and-mortar location, so it doesn’t describe online selling. A subscription service centers on recurring charges for products or access, not necessarily online sales, though it can be online. Crowdfunding is about raising funds from backers before a product exists, not about selling goods online routinely.