Introduction to E-Commerce and Internet Marketing

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14 Terms

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E-commerce

E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet.

<p>E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet.</p>
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Transactions

It encompasses a wide range of transactions, from online retail purchases to electronic business-to-business (B2B) transactions.

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Platforms

E-commerce can take place on various platforms, including websites, mobile apps, and social media platforms.

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Shopify

Platforms that facilitate online transactions.

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Amazon

Platforms that facilitate online transactions.

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Shopee

Platforms that facilitate online transactions.

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Lazada

Platforms that facilitate online transactions.

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Credit/Debit Cards

Various methods for processing payments online.

<p>Various methods for processing payments online.</p>
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Digital Wallets

Various methods for processing payments online.

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Bank Transfers

Various methods for processing payments online.

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Conversion Rate Optimization (CRO)

The process of optimizing website elements to increase the percentage of visitors who take a desired action, such as making a purchase or signing up for a newsletter.

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Customer Relationship Management (CRM)

Strategies and tools used to manage and nurture customer relationships, including customer data management, email automation, and personalized communication.

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Search Engine Optimization (SEO)

The process of optimizing a website to improve its visibility and ranking on search engine results pages (SERPs), thereby driving organic (unpaid) traffic to the site.

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Key Performance Indicators (KPIs)

Metrics used to measure the performance of e-commerce and internet marketing initiatives, such as website traffic, conversion rates, customer acquisition cost (CAC), and customer lifetime value (CLV).