e-commerce

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Related to Electronic commerce: Electronic Data Interchange

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 ?
The ITFA prevents the Federal government from taxing electronic commerce and Internet access through special excise taxes or sales taxes.
In fostering electronic commerce, there is room for governmental intervention, such as in protecting intellectual property or in forging international agreements to keep the Internet from being clogged by rules and regulations imposed in every corner of the globe.
2 Develop and Adopt Guiding Principles on Electronic Commerce
In view of the fact that prior to electronic commerce, most of those transactions would have been readily taxable by the purchaser's country, at least to some extent, under traditional principles, because the seller would need to have distributors within the country to market and sell its products or services there.
Massachusetts currently taxes both the intrastate and interstate transmission components of electronic commerce, but has avoided taxing the content of electronic commerce and has appointed a special legislative commission to review the taxation of telecommunications and the Internet.
is a diversified media and electronic commerce company with assets that include the following: USA Network; SCI FI Channel; Studios USA; USA Films; USA Broadcasting; Home Shopping Network; Ticketmaster; USA Electronic Commerce and Services and USA Networks Interactive, which includes the Hotel Reservations Network, SCIFI.
Profile Systems, Inc is pleased to offer the newest release of our comprehensive Glossary for Electronic Commerce in easy to use Windows(R) format.
Citing the importance of electronic commerce to the creation of new small businesses, Mr.
Kewill Electronic Commerce is one of three operating divisions of Kewill Systems plc, a leading electronic commerce supply chain solutions provider.
The new major, "Managing Electronic Commerce," will focus on the design and implementation of effective strategies related to the use of electronic commerce.
Intercoastal Data Corporation (IDC), an electronic commerce software and service bureau company, signed an agreement today with Korea CALS/EC Association (KCALS), an electronic commerce organization founded and operated by several of Korea's largest corporations.
MEC is ICI's second-generation e-commerce product that provides an end-to-end e-commerce transaction management system for electronic commerce.

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