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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

e-commerce

The buying and selling of goods and services over the Internet.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Literature indicates (Zeithaml et al., 2002; Shih, 2004; Lee & Lin, 2005; Hassanein & Head, 2007; Lin et.al., 2010; Di Nisio et al., 2010; PWC report, 2014) that the success of e-tailing depends on several factors like efficient website design, effective shopping, prompt delivery, and e-store services (delivery on real time, return and replacement, period of filling out online orders form, response time to e-consumers queries, etc.).
Tony O'Keefe, director of the national industrial and logistics team at DTZ, added: "The growth in e-tailing has stimulated significant demand for large-scale industrial sites as demonstrated by recent activity at the region's leading logistics parks.
"I saw that there was huge opportunity in the lifestyle e-tailing segment and significant chances of making a successful business out of it," said Ambareesh Murty, founder of Pepperfry.com, who lined up $5 million initial funding for his yet to be launched venture.
But as seen with the Sears' iPad 2 debacle, when a third party vendor advertised an iPad 2 for $69 at sears.com only to later claim it was a typo and have Sears close out all sales, angering customers, companies have not only moved away from customer service in this new e-tailing realm, but they've also moved beyond accountability, especially when third party vendors are involved.
"Conversations Among Consumers," a new report from online retail marketers Ripple6 and The E-Tailing Group, finds that shoppers buying products on the Internet are influenced both by online social networking sites and face-to-face conversations with friends.
Mozilla shuttered its online store late after finding out that the firm it hired to run the backend operations of the company's e-tailing business had suffered a security breach.<p>It was unclear whether the vendor, St.
This third edition has new chapters on availability and on environmental issues, combined with revised chapters on e-tailing and RFID.
PRIL is an internationally renowned provider of end-to-end solutions across retail industry verticals, offering products and services, consulting and outsourcing that address a range of needs of retailers including building efficient check-out systems, merchandise and planning systems, supply chain management systems to specialised offerings like e-tailing.
A new survey commissioned by e-commerce chat company inQ and conducted by the e-tailing group assessed how 31 retailers and telcos that offer chat on their respective Web sites use the technology to sell.
An e-tailing trade body predicts pounds 52million will be spent, 66 per cent up on last year.
TTB has wiggled its way into licensed product e-tailing since it was founded in 2003, to the point where it occasionally is becoming a licensee itself.