E-commerce 1

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E-COMMERCE

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It is commonly known as electronic marketing. It consists of buying and selling goods and services over an electronic system such as the internet.

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E-commerce

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is the purchasing, selling & exchanging of goods and services over a computer network or internet through which transactions or terms of sale are performed electronically

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13 Terms

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E-COMMERCE

It is commonly known as electronic marketing. It consists of buying and selling goods and services over an electronic system such as the internet.

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E-commerce

is the purchasing, selling & exchanging of goods and services over a computer network or internet through which transactions or terms of sale are performed electronically

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E-business

is transformation of key business processes through the use of internet technologies.

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Brick and Mortar

Old economy organizations (corporations) that perform most of their business offline, selling physical products by means of physical agents.

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Virtual (Pure Play)

Organizations that conduct their business activities solely online.

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Click-and-Mortar

Organizations that conduct some e-commerce activities, but do their primary business in the physical world.

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B2B

E-commerce model in which all of the participants are businesses or other organizations

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B2C

E-commerce model in which businesses sell to individual shoppers.

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Business-to-Business-to-Consumer (B2B2C)

E-commerce model in which a business provides some product or service to a client business that maintains its own customers.

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Consumer-to-Business (C2B)

E-commerce model in which individuals use the Internet to sell products or services to organizations or individuals seek sellers to bid on products or services they need

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Consumer-to-Consumer (C2C)

E-commerce model in which consumers sell directly to other consumers.

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Mobile commerce (M-Commerce)

E-commerce transactions and activities conducted in a wireless environment

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Location-based commerce (L-Commerce)

M-Commerce transactions targeted to individuals in specific locations, at specific times