e-commerce

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Related to e-tailer: e-retailer

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 ?
(1) Besides the evaluations of inventory rationing and hybrid channel strategies, this study analyzes the optimal choices of the e-tailer with service level constraint to maximize profit under different multiperiod environments.
"E-tailers are increasingly opting for in-show brand integrations.
First, we will define online trust and explain conceptual underpinnings of e-tailer trustworthiness, which is the focal dependent variable in this study.
High Speed Internet through Amazon.com, the world's largest e-tailer, we can make our service more conveniently available to customers and better accommodate today's online shoppers with a popular one-stop shop."
"Since 1997, Barewalls.com has thrived on its innovative approach to selling posters and prints online--growing from an Internet pioneer to one of the Web's leading e-tailers," said Lorne Lieberman, Barewalls.com's c.e.o.
Merchant Tools are browser-based tools that an e-tailer can use for daily store administration and product maintenance once the StoreFront Web store has been created.
When products are customized or made to order for the customer, pick and pack may include assembly or customization, which again may be performed by the e-tailer or a third party.
Although many brick-and-mortar retailer have formed e-tailer subsidiaries to reap the benefits of e-commerce, the authors point out that many companies have ignored alter ego and agency considerations, creating the possibility that the nexus of the parent will be attributed to the subsidiaries.
The Foster City, Calif.-based Webvan hopes to transform itself from merely being an online grocer to become a diverse national e-tailer that also sells books, CDs, drugstore and household goods.
Solid contributions of about $15 to $25 per order--and plenty of orders--make prescription sales an attractive business once an e-tailer reaches sufficient scale.
The e-tailer launched a new Health & Beauty store on its website, which provides a gateway to drugstore.com.