Retail and e-commerce are two closely related but distinct sectors within the broader realm of commerce. Let’s explore the basic definitions and key software modules for each.
Retail refers to the sale of goods or services directly to the end consumer. It involves the process of selling products from a physical location, such as a brick-and-mortar store, or through various online channels.
E-commerce, short for electronic commerce, involves the buying and selling of goods and services over the internet. It encompasses online retail, electronic payments, and various other online business activities.
Both retail and e-commerce software solutions are often interconnected in modern business setups, especially with the rise of Omni channel retailing, where businesses aim to provide a seamless experience across various channels, whether physical or online.
The choice of specific software modules depends on the nature and scale of the business.
