E-Commerce

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Summary

What is E-Commerce? Meaning.

E-Commerce stands for electronic commerce and is a broad term for selling products or services using electronic means such as the Internet, other computer networks, or wireless (mobile)  transmissions. It should not be mistaken for E-Procurement (which is buying products or services using electronic media) and for E-Business, that involves both E-Commerce and E-Procurement. Unfortunately, sometimes the term is also used as a synonym of E-Business.


Even then, although it is a broad term, it does not include all processes that can be supported by electronic means, there has to be a business transaction component in it. For example it does not include:

  • E-Mail.

  • E-HRM (using an internet-enabled employee database).

  • E-Knowledge Management.

  • E-CRM.

  • Other internal internet-enabled systems.

Two forms of E-Commerce can be distinguished, being business to consumer (B2C) and business to business (B2B).


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Emerging E-Commerce Trends
Thinking to take your business to the next level using internet and mobile technologies? Is it possible or not? Nothing (...)
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1 comments
Search Engine Optimization (SEO) Explained
DEFINITIONS OF SEO
Search Engine Optimization (SEO) is an important arm of E-commerce. It can be defined as the pro (...)
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2 comments
Limitations of Huff Model for Online Shopping
The Huff model was introduced by David Huff in 1963. It is applicable to a wide range of problems, of which predicting c (...)
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1 comments
🔥 NEW Online Grocery Business Models
Online grocery shopping (~online supermarkets) is one of the fastest-growing businesses in recent years. Of course this (...)
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Major Business Models in Online and Mobile Retailing
Retailing involves selling products and services to consumers whereas in online and mobile this is done through online c (...)
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The top-rated topics about E-Commerce. Here you will find the most valuable ideas and practical suggestions.


Reasons for Shopping Cart Abandonment in E-Commerce
Any entrepreneur/retailer or anyone operating an ecommerce store has experienced the phenomenon of the abandoned cart, a (...)
12
 
Drop-Shipping. Implications for the Supply Chain
The drop-shipping model in the supply chain has been quickly gaining popularity in the e-commerce field. The parties in (...)
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Advanced insights about E-Commerce. Here you will find professional advices by experts.


Key Challenges of Internet Age for Management and for Product and Service Development

R&D, Product Development, Service Development, Strategy, Marketing, Innovation, Visioning
The Internet age represents a huge challenge for most businesses. Why? Because the Internet, wireless devices such as m (...)

5 Strategic Best Practices for Mixed Physical-Digital Businesses

Bricks and Clicks Strategy, Clicks and Mortar Strategy, Mixed Digital-Physical, Digical Mashup
Many (retail) firms run their digital and physical business independently. However, combining these two channels or oper (...)
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Compare with: E-Business  |  E-Procurement  |  Twelve Principles of the Network Economy  |  Cannibalization  |  Bricks and Clicks  |  Mass Customization  |  4S Web Marketing Mix  |  Affiliate Marketing  |  Multi Channel Marketing

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