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 ?
He concluded that Hong Kong plays a key role in e-tailing as it serves as a hub for many fashion brands and is the gateway for Chinese brands to enter Southeast Asia.
For many bricks and mortar retailers, e-tailing is both an important business driver and a survival tool, while for millions of consumers, it is simply addictive," Ms Fong added.
This is followed by a section that speaks about the Government participation in the sector which caters to FDI policy and the impact of FDI on e-tailing firms.
In addition, members said compensation culture has become more evident in retailing in the last year which could have a knock-on effect for e-tailing.
But because the Government does not have a national distribution strategy, the big increase in demand for land that a big take-up in e-tailing would generate would almost certainly give rise to problems between developers and planners.
The supporting data also shows us that the retail industry and consumer expectations are at a fundamental and exciting crossroads," said Lauren Freedman, president of the e-tailing group.
Whereas once online product research was left to the technology savvy looking to make a major purchase, it is now part of the mainstream shopping experience for all product categories as consumers have taken control powering their own product research," explains Lauren Freedman, president of the e-tailing group.
The integration of community and social networking within e-commerce has reached critical mass and as such is now a benchmark that we will be tracking annually," explains Lauren Freedman, president of the e-tailing group.
I wasn't surprised to see Golfsmith be on top of both our customer service and egeg (e-tailing group e-commerce gauge) customer experience index," said Lauren Freedman, president of the e-tailing group.
The e-tailing group's 3rd Annual Mindset of the Multi-Channel Shopper Holiday Survey, sponsored by e-commerce specialist ATG (NASDAQ: ARTG), reveals that, for the first time, the web has surpassed the store as the preferred way for multi-channel shoppers to purchase holiday gifts.
e-tailing group Whitepaper, Commissioned by PowerReviews, Reveals That Unbiased User-Generated Reviews Create Loyal, Lifelong Shoppers -
Allurent(TM) today announced it will be hosting a webinar with President of the e-tailing group, Lauren Freedman, to discuss the findings of Allurent's 2007 Holiday Shopping: Online Customer Experience Survey.