E-Commerce

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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).

Forum Forum about E-Commerce. Below you can ask a question about this topic, share your experiences, report a new development, or explain something. Emerging E-Commerce Trends Thinking to take your business to the next level using internet and mobile technologies? Is it possible or not? Nothing is impossible in this world, all you need is a good strategy to strive for bette... 8   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 process of increasing a website's ranking through unpaid measures like building up rele... 8   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 consumer spatial behavior (the probability (Pij) that a consumer located at some ... 4   1 comments 🔥 Online Grocery Business Models Online grocery shopping (~online supermarkets) is one of the fastest-growing businesses in recent years. Of course this has been catapulted by the Covid-19 crisis. A Nielson study states that by 2024 ... 3   2 comments 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 channels such as websites and apps. The delivery of the products to the end consu... 3   Start a new topic about E-Commerce Ask a question or explain something

Best Practices The best, 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, also known as a dropped basket. This occurs when customers cancel a purchase at t... 13   🥈 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 a drop-shipping supply chain are the usual ones; customers, retailers and manufa... 8   6 comments

Expert Tips 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...

Information Sources Various sources of information regarding E-Commerce. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.

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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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This ends our E-Commerce summary and forum.