Electronic Commerce - ecommerce
Definition of 'Electronic Commerce - ecommerce'A type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet. Electronic commerce operates in all four of the major market segments: business to business, business to consumer, consumer to consumer and consumer to business.Also sometimes written as "e-commerce" or "eCommerce." |
|
Investopedia explains 'Electronic Commerce - ecommerce'Ecommerce has allowed firms to establish a market presence, or to enhance an already larger market position, by allowing for a cheaper and more efficient distribution chain for their products or services. One example of a firm having successfully used ecommerce is Borders. This book store not only has physical stores, but also has an online store where the customer can buy books, CDs and DVDs. |
Related Definitions
Articles Of Interest
-
Cheap Stocks Can Be Deceiving
Find out how to tell a truly undervalued stock from one that has been legitimately beaten down. -
Shopping Online: Convenience, Bargains And A Few Scams
Shopping from the comfort of your couch has major benefits - and some unpleasant side effects. -
Choosing The Winners In The Click-And-Mortar Game
E-tailing has changed the way consumers do nearly everything. Do you know how to pick the best retailer? -
10 Breakout Ideas For Small Businesses
If your business has hit a wall, we've got the answer to break through and increase sales and earnings. -
What's the difference between old- and new-economy stocks?
Old-economy stocks represent large, well-established companies that participate in more traditional industry sectors and have little investment or involvement in the technology industry. These ... -
5 Most Expensive Ebay Auctions
Check out the most expensive items listed on eBay - items that are sure to bring a hefty profit to the seller if sold. -
How To Use Facebook As A Marketing Tool
Facebook can be a viable marketing platform for your business. It can even earn you revenue. -
Mobile Money: Using Your Cell Phone To Transfer Funds
Are you up to date on how easy it is to move your money around with your cell phone?
Free Annual Reports