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.

References in periodicals archive ?
Finally, rather than focusing on the latest and greatest buzzword, don't forget that customers need suppliers that can solve their peculiar problems and help them with their daunting challenges just as much as suppliers need customers who can articulate what they need, what they want and what they value, so together (read: working together and share information) true value can be derived.
4, 2014 /PRNewswire/ -- While today's workplace is awash with buzzwords and cliches, certain terms and phrases are more common -- and grating -- than others, according to an Accountemps survey of human resources (HR) managers.
In 2010, "extensive experience" was the top buzzword worldwide, and for two years running in both 2011 and 2012, the top buzzword was "creative.
Melbourne, May 31 ( ANI ): If you are planning to polish up your CV, take note and stop using these buzzwords to sell yourself.
He highlights how using jargon can distract from the task in hand and alienate an audience, using a mixture of laugh-out-loud humour and research on the escalating use of buzzwords and jargon.
And the best way to get on an editor's bad side is to load these headlines with irritating cliches or buzzwords.
If your profile is filled with buzzwords then you'll just blend in with the other millions of jobseekers.
Entertainer Lady Gaga, famed as much for her unusual costumes and stage outfits as her music, came second in the survey, by the Global Language Monitor organisation, of fashion buzzwords and phrases in magazines and newspapers and on the web.
Sheikh Hamdan bin Mohammed's colt seemed the logical market leader, having beaten Buzzword by more than four lengths when they clashed in the Group 2 King Edward VII Stakes at Royal Ascot, but his father's home bred son of Pivotal turned the form upside down.
Sheikh Mohammed's operation had struck with Campanologist, trained by Saeed bin Suroor, on Saturday and Buzzword got in on the act with a determined effort.
By definition, a buzzword is a technical term that achieves mainstream status and is then abused ruthlessly, its origin and true meaning left for dead.
Fellow Godolphin inmates Al Zir and Buzzword could also be targeted at major prizes after being far from disgraced in finishing sixth and eighth respectively.