e-commerce

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Related to E-COM: e-comm

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 ?
Though E-COM was not designed to provide end-to-end, fully electronic, computer- to-computer communication, it was intended as a first step into the realm of new communications technologies.
E-coms can communicate with and learn from consumers and other e-coms.
With a 120-strong workforce, E-Com provides products and systems for virtual training and simulation.
on Wednesday said it expanded its office portfolio with the launch of office building Three E-Com Center, and the topping off of the Four E-Com Center at the Mall of Asia (MOA) Complex in Pasay.
But the international teams from the USA, Canada, Australia, and New Zealand which are occupying seeds 9 to 12, the NCR wildcard teams which are slotted at 13 to 16, and the remaining eight regional champions which occupy places 25 to 32, will all first go through the seeding round on March 18 at One E-Com Center in the Mall of Asia Complex to determine their first round assignments for the next day.
Then, why is it that the UAE's web marketplace has proved such a difficult one to break into for home-grown e-com ventures?
Saab added that the deal is in line with its strategy for growth in the virtual training sector and that it is in addition to the 2011 takeover of E-COM in the Czech Republic The latter offers subsystems for virtual training in joint fires.
CyberLympics is organized by the International Council of E-Com merce Consultants (EC-Council), an organisation that certifies indi viduals in various e-commerce and information security skills.
Filinvest Cyberzone Bay City and Five E-Com Center in the Mall of Asia complex
Visit their newest branch at the 4th Level Two E-Com Center, Mall of Asia Complex, Ocean Drive, Pasay City.
During the first half of the year, SM Prime also expanded its office portfolio in Manila Bay area with the introduction of Five E-Com Center.