Create 2 Sell's Resource and Guide for

The standard definition for e-commerce reads something like this:

The conducting of business communication and transactions over networks and through computers. Specifically, e-commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications.

A more accurate description of e-commerce today would go above and beyond the purchase of goods or services to include any business which takes place between companies using services such as the Internet, Electronic Data Interchange or Electronic File transfer, and even such daily functions as the transmission of inquiries, orders, invoices, payments etc. directly through their computer systems.

The increase and penetration of online use in the US has increased the potential market size for E-Commerce on an annual basis. A large share of the expected growth in Internet commerce can be attributed to the increase in the online population:

• The U.S. online population is estimated to increase nearly 50%, from 141.5 million in 2001 to 210.8 million by 2006 (CAGR of 8.2%).
• U.S. online retail sales will grow from $47.8 billion in 2002 to an estimated $130.3 billion in 2006.
• There are 2.3 million small companies in the U.S.  With 16% of these in the retail trade, the potential market size for our service is upwards of 300,000 companies.
• Annual spending per buyer will increase from $457 in 2001 to $784 in 2006.

Source: http://www.goecart.com/ecommerce_solutions_facts.asp

The following are some guides to walk you through various topics that you will likely encounter as a business owner or online entrepreneur.

1. PayPal
2.