e-commerce

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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.

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Best eCommerce New Design or Re-Design (Under 1 Year)
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Venda is a pioneer in the eCommerce industry", said Phil Dur, Vice President at IGC.
5 million small businesses, 11 percent were engaged in ecommerce activity in 1999
Vcommerce Enterprise provides advanced solutions for "enterprise class" eMarketing & demand generation, eCommerce storefronts, order management, fulfillment logistics & integration, customer service combined with a complete array of business services.
Demandware applies the continual innovation and cost benefits of a Software as a Service delivery model to the retail industry with its flexible ecommerce solution.
With more and more consumers embracing online technology, the ecommerce industry is thriving.
The high cost of customer acquisition significantly impacts ecommerce margins," said Alex Fletcher, lead industry analyst at The Entiva Group.
UX Studio(TM) - Demandware's User Experience (UX) Studio empowers a retailer's own web team with the ability to directly control the design and functionality of their eCommerce sites.
According to a Forrester Research report, "Technology for Taking eCommerce Sales Abroad," US retailers should leverage their existing ecommerce technology across borders and outsource areas that don't provide differentiation, such as the management of currency conversion, to ensure global consistency and control and provide differentiation against entrenched local sellers.