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Electronic commerce involves selling and buying goods and services online. The eCommerce industry has been steadily growing since its inception. It is an emerging industry that’s growing at 16% annually. It has a projected global value of $24 billion in 2017 and over $427 million by 2020.
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Also, operating online has many advantages, such as reduced expenses on infrastructure because there is no need for physical stores that require rent and employees. The innovation of new technology such as artificial intelligence has transformed eCommerce. There will be more growth for companies that adopt innovative practices. These include social media marketing, customer relationship management, and mobile technology. It revealed in the July 2020 after degree in the Pennsylvania Gaming Control board.
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