E-commerce

Definition

E-commerce stands for electronic commerce and refers to buying and selling goods or services over the internet using electronic means such as websites or mobile apps.

Related terms

Online Payment Systems: Online payment systems enable secure transactions by allowing customers to pay electronically for their purchases using methods such as credit cards or digital wallets.

Digital Marketing: Digital marketing involves promoting products or services through online channels such as social media platforms, search engines, email campaigns, and targeted advertisements.

Supply Chain Management: In e-commerce, supply chain management refers to the coordination of activities involved in sourcing materials/products from suppliers all the way through production, distribution, and delivery to the end customer.