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 ?
M-commerce can also be defined as "any transaction having a monetary value that can be conducted through a mobile communication networks or a Wi-Fi network" (Dhingra and Bhardwaj, 2015)
Additionally, China is experiencing a dramatic growth in mobile communication networks, mobile device penetration, and m-commerce (ChinaInternetWatch, 2014; Lu et al.
Usability, in the case of m-commerce systems, is greatly influenced by the physical and technical characteristics of the mobile devices and their user interface, middleware, and the wireless mobile network infrastructure (Safari and Zissis, 2015; Varshney and Vetter, 2002).
In the "M-Commerce Player Profiles" section, the key m-commerce service providers are profiled.
In order to foster the proliferation of m-commerce in the country, business firms, financial institutions and service providers must realize the opportunities of m-commerce facility and start to invest in the this sector.
Despite tremendous interest in the melioration of m-commerce there is little, if any, research that examines how to develop a comprehensive consumer-oriented mobile e-commerce strategy.
Despite this confluence of technology and use, m-commerce has received inadequate attention in the academic arena in terms of empirical research (Peterson et al, 2002).
Well in the first instance m-commerce offers excellent potential to provide consumers with mobile services.
M-commerce is not just a variant of e-commerce, but a unique distribution channel based on the shifting role of mobile devices from purely communicational to transactional.
Now prepare for M-commerce, a growing method of consumer shopping and conducting other forms of trade via enhanced cell phones that is apparently spreading all over the world.
Prior to reading this I had basic knowledge of m-commerce, and although I had some curiosity about the phenomena it wasn't something which I would have gone out of my way to find out about.
While m-commerce vendors remain upbeat that phenomenal growth for the sector is just around the corner, industry analysts caution that the corner may be a little farther down the road.