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 ?
Tony O'Keefe, director of the national industrial and logistics team at DTZ, added: "The growth in e-tailing has stimulated significant demand for large-scale industrial sites as demonstrated by recent activity at the region's leading logistics parks.
Repair Shop/Installer Survey Results includes an in-depth analysis of the repair shop's usage of e-tailing within their business.
According to the report, one of the major drivers is increased penetration of internet technologies such as broadband and 3G and 4G connections, which have helped e-tailing vendors improve the online deployment of their products and services.
Although consumers could make careers out of surfing the 'Net for bargains (any time, day or night), we think that e-tailing used by brick-and-mortar stores will build business and enhance the stores' brand franchises.
Even the most optimistic estimates for e-tailing only amount to something over 6 percent of that total in the next few years.
Commenting on the report, an analyst from TechNavio's Enterprise Computing team said: "It has been observed that many sales in the E-tailing market in India are generated from non-metro cites including tier II and tier III cities.
The groundbreaking new E-Tailing in the Automotive Aftermarket digital study analyzes the online retail market for sales of aftermarket parts, and serves as the foundation for the Auto Care Association to provide a unified estimate of online sales within the aftermarket.
The report begins with an introduction of the retail market in India primarily because e-tailing is an online variant of retailing.
But members of the Association of Insurance and Risk Managers, who are holding a two-day conference in Birmingham, said they believe 90 per cent of the public do not appreciate the risks involved in e-tailing and that more than 60 per cent of retail managers are equally ignorant of the dangers.
based E-tailing Group, which lists assortment as the most important e-merchandising factor.
In these frontier e-tailing days, as consumers overcome skepticism and security fears, and as electronic merchants iron out technological and fulfillment kinks, a $200 table lamp seems a more attractive, safer purchase than a $2,000 sleigh bed.
Indian retail has been quick to capitalize on this new concept, thereby heralding a new era of e-tailing.