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E-commerce significantly transforms how companies operate by enabling them to reach a global customer base without the need for physical storefronts. It streamlines transactions through online platforms, enhancing customer convenience and allowing for 24/7 sales. Additionally, data analytics from e-commerce interactions provide valuable insights into consumer behavior, enabling companies to tailor their marketing strategies and improve inventory management. Overall, e-commerce fosters greater competition and innovation within industries.

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1mo ago

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