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| Jul 4, 2008 |
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| Business of Information Technology > Business Processes > |
eCommerce
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ALSO CALLED: e-Commerce, e Commerce, Buying and Selling Online, Internet Commerce, eTransactions, Electronic Commerce, i-Commerce, eSales, Online Sales, Internet Sales, iCommerce, eTrade, Internet Selling, and Web Commerce
DEFINITION: E-commerce (electronic commerce or EC) is the buying and selling of goods and services on the Internet, especially the World Wide Web. In practice, this term and a newer term, e-business, are often used interchangably. For online retail selling, the term e-tailing is sometimes
Definition continues below.
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ECOMMERCE DEFINITION (continued):
used. E-commerce can be divided into: - E-tailing or "virtual storefronts" on Web sites with online catalogs, sometimes gathered into a "virtual mall"
- The gathering and use of demographic data through Web contacts
- Electronic Data Interchange (EDI), the business-to-business exchange of data
- E-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters)
- Business-to-business
eCommerce definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary
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