e-commerce


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to e-commerce: E-business

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 ?
A certain segment ofbuyers prefers e-commerce to other shopping options.
Brazil's online market potential is a key factor in the country's number two e-Commerce Index ranking.
Businesses practicing e-commerce can place ads on the internet at relatively cheap rates and can be more active than when they have their ads printed in newspapers, magazines, brochures and posters.
Thirdly, the local businessmen still believe in traditional mode of doing business and show a lack of trust in e-commerce. There is a lack of trust because there is absence of any laws or rules.
In 2016, the DTI launched the E-Commerce Roadmap 2016-2020, a five-year initiative to spur E-commerce growth in the country
Growth of China's social e-commerce market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
information on the e-commerce service provider (presumably including the name and address of the e-commerce service provider, and, if applicable, its Commercial Registration number);
"Public-private partnerships to drive awareness and trust on the value, convenience and security of online shopping and expand the digital payment option are critical to sustaining the e-commerce momentum that Dubai and the UAE have gained through promoting cashless payments and providing secure payment platforms for businesses and the public," said Sami Al Qamzi, director general of Dubai Economy.
She also said the e-commerce strategy would serve as a framework and a guiding tool in facilitating e-commerce across all sectors of the economy.
The problem of counterfeit goods on e-commerce sites is causing headaches for state management agencies in Vietnam.
According to the 'Global E-Commerce Index and Market Developments' report released by Fitch Solutions, the fastest growing e-commerce markets lie in the Middle East and Asia.
ISLAMABAD -- As more than 75 member countries of the Geneva-based World Trade Organisation (WTO) sit down to design a framework to govern e-commerce, Pakistan has decided to not be a part of these negotiations, sources familiar with the matter informed Dawn on Wednesday.