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 ?
The record numbers delivered by both the mobile games business and Fumubang in China underscore the Group's knack in capitalizing on the rising tide of mobile games and social e-commerce in China.
The Group's social e-commerce revenue more than doubled to US$5.
YuuZoo s unique social e-commerce model, which combines social networking, e-commerce and gaming under one single mobile-optimized and fully localized destination, adds a hugely attractive dimension to what we can offer the more than 170 million consumers in Africa s largest market.
Our social e-commerce business in China has also done well as our flagship, proprietary parenting, edutainment and family-oriented portal - Fumubang saw a more than a seven-fold revenue jump from US$0.
The fashion industry has broken new ground in social e-commerce and he will apply those key learnings to the wine industry.
This cutting edge social e-commerce platform features smart, easy to use navigation of products and content, recommendations and tips, forums, blogs and "do and don't lists", all relevant to the phase of treatment they are in.
The various stores (for TNA and their wrestlers) are built using Moontoast's Distributed Store[TM], an embedded social e-Commerce solution that allows brands to promote and sell products directly from a Facebook page, website, or partner website.
The exclusive launch of her jewelry collection builds upon the success she has experienced through the Kitsy Lane social e-commerce platform.
With the rise of social media marketing, social e-commerce, location based social networking and online grocery; the opportunity to influence shoppers is set to escalate.

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