electronic commerce

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electronic commerce

[i·lek¦trän·ik ′kä·mərs]
(computer science)
Business done on the Internet. Also known as e-business; e-commerce.

electronic commerce

(application, communications)
(EC) The conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. However EC also includes all inter-company and intra-company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer.

Electronic commerce also includes buying and selling over the World-Wide Web and the Internet, electronic funds transfer, smart cards, digital cash (e.g. Mondex), and all other ways of doing business over digital networks.

[Electronic Commerce Dictionary].
References in periodicals archive ?
USPRwire, Tue Mar 01 2011] Shopstorenow, the provider for integrated ecommerce solution is now introducing specific modules fulfilling multiple all time ecommerce needs for profitable businesses to flourish at all times.
Frankly, this is where an eCommerce solution must shine because the best fulfillment solution on the market cannot compensate for cart abandonment and lackluster demand generation.
ChannelAdvisor Merchant[TM] Named CODiE Award Finalist for Best Business Software Solution and Best eCommerce Solution by Software & Information Industry Association
This frees online retailers to focus on merchandising and customer relationships while the eCommerce solution runs powerfully in the background.
Demandware CEO Stephan Schambach to Highlight Benefits of on Demand eCommerce Solution for Retailers
We're convinced of the benefits of Demandware's on-demand ecommerce solution, and believe that the combination of Demandware's ecommerce platform and T-Systems' Multimedia Systems capabilities will further enable international retailers to focus on their core business, optimize processes, build online revenue streams and reduce costs--in other words, become more profitable," said Dr.
We needed an ecommerce solution that would enable us to manage multiple international sites while maintaining a consistent global brand," said Michael Konzmann, PLAYMOBIL Director of eCommerce.
Created specifically with the small business owner in mind, WebStore is a comprehensive, flexible eCommerce solution that delivers the functionality and features of an enterprise application in an affordable, user-friendly package.
Demandware's ecommerce solution enables merchants to meet their ecommerce revenue and profitability goals with a unique combination of merchandising control; the flexibility to adapt ecommerce functionality to meet changing business needs; and the optimal profitability that only a usage-based, Software as a Service-enabled pricing model can provide.
Our offerings present an alternative to the myriad of web store platforms that require inflated recurring costs, monthly lease fees, and revenue sharing encountered with other ecommerce solution providers.
Rather than working with multiple vendors for multiple countries, retailers are adopting Venda's on-demand eCommerce solution to overcome the costs and risks, such as complex regulatory environments, payment process standards, and taxation issues across multiple countries.
The financing will be used to support the continuous enhancement of Demandware's ecommerce solution functionality, support its hiring plans, and expand the Company's sales and marketing activities in order to capitalize on the market opportunity for ecommerce solutions.