e-commerce

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Related to E-COM: e-comm

E-Commerce

Commerce conducted over the Internet. For example, an online publisher may sell a book to a customer, ship it to him/her, receive payment, and conduct the entire matter without ever meeting the customer. E-commerce became common in the 1990s with the popularization of the Internet. See also: dot-com bubble.

e-commerce

The buying and selling of goods and services over the Internet.

e-commerce

a method of buying and selling goods and services over the INTERNET. E-commerce is a form of DIRECT SELLING/ MARKETING which enables a supplier to sell direct to the final customer without the need for traditional ‘middlemen’ – wholesalers and store retailers. E-commerce provides sellers with a means of tapping into a mass market; it reduces BARRIERS TO ENTRY so that even small firms can offer their products alongside big name companies; and by eliminating the ‘middleman’ selling costs and prices can be lowered conferring COMPETITIVE ADVANTAGE. Apart from lower prices another attraction for customers is the convenience of being able to ‘shop’ from home rather than have to visit a retail outlet.

The volume and value of transactions conducted via computer and associated networks has grown rapidly from the late 1990s and it is predicted that a large proportion of economic transactions will in future be conducted through electronic commerce. See also E-BUSINESS, CUSTOMER RELATIONSHIP MANAGEMENT.

e-commerce

a method of buying and selling goods and services over the INTERNET. E-commerce is a form of DIRECT SELLING/MARKETING that enables a supplier to sell direct to the final customer without the need for traditional ‘middlemen’ -wholesalers and store retailers. E-commerce provides sellers with a means of tapping into a mass market; it reduces BARRIERS TO ENTRY, so that even small firms can offer their products alongside big-name companies; and by eliminating the ‘middleman’, selling costs and prices can be lowered, conferring COMPETITIVE ADVANTAGE. Apart from lower prices, another attraction for customers is the convenience of being able to ‘shop’ from home rather than having to visit a retail outlet.

The volume and value of transactions conducted via computer and associated networks has grown rapidly from the late 1990s, and it is predicted that a large proportion of economic transactions will in future be conducted through electronic commerce. See also E-BUSINESS.

References in periodicals archive ?
At the same time, foregrounding E-COM offers a sobering appraisal of the challenges likely to confront attempts to expand the definition of "postal service" beyond its traditional province.
E-COM alerts us to the paucity of the current policy debate surrounding postal reform, while serving as a stark reminder of the difficulties and hazards that await attempts to expand the range of available options.
Decision of the governors of the United States Postal Service regarding opinions and recommended decisions of the Postal Rate Commission for E-COM rates and classification changes, 1983, Docket No.
4) The expansive and incisive works of Abbate (1999) and Ceruzzi (2003), for example, do not touch on USPS's investment and interest in networked computing or E-COM.
USPS argued (quoted in PRC, 1979) that the operation of E-COM under their supervision would extend these terms to electronic mail.
12) Pitney Bowes was one of the few private companies to publicly support E-COM (Electronic Message Service Systems, 1980, p.