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E-commerce

Type of business industry usually conducted over the internetE-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

Mobile commerceMobile commerceThe term mobile commerce was originally coined in 1997 by Kevin Duffey at the launch of the Global Mobile Commerce Forum, to mean "the delivery of electronic commerce capabilities directly into the consumer’s hand, anywhere, via wireless technology." Some choose to think of mobile commerce as meaning "a retail outlet in your customer’s pocket."Online advertisingOnline advertisingForm of advertising that uses the InternetOnline advertising, also known as online marketing, Internet advertising, digital advertising or web advertising, is a form of marketing and advertising that uses the Internet to promote products and services to audiences and users across digital platforms.Online transaction processingOnline transaction processing (OLTP) is a type of database system used in transaction-oriented applications, such as many operational systems. The term online refers to the expectation that these systems respond to user requests and process them in real time. OLTP is contrasted with online analytical processing (OLAP), which focuses on data analysis (for example, in planning and management systems).Goods and servicesGoods and servicesGoods are items that are usually (but not always) tangible, such as pens or pears. Services are activities provided by other people, such as teachers or barbers. Taken together, it is the production, distribution, and consumption of goods and services which underpins all economic activity and trade.RetailRetailSale of goods and servicesElectronic funds transferElectronic funds transferElectronic transfer of money from one bank account to another Electronic funds transfer (EFT) is the transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems. The funds transfer process generally consists of a series of electronic messages sent between financial institutions directing each to make the debit and credit accounting entries necessary to complete the transaction.InternetInternetGlobal system of connected computer networks "Interweb" redirects here; not to be confused with Interweb (song). This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article needs more citations. Please help improve this article by adding citations to reliable sources.CommerceCommerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale exchange of goods, services, and other forms of value, predominantly through transactional processes.Electronic data interchangeElectronic data interchange (EDI) is the computer-to-computer exchange of structured business documents in standardized electronic formats between organizations. It replaces or supplements paper-based business documents such as purchase orders, invoices, shipping notices, and payment advice, allowing them to be exchanged and processed automatically between computer systems.Supply chain managementSupply chain managementIn commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers.Data collectionData collectionGathering information for analysis Example of data collection in the biological sciences: Adélie penguins are identified and weighed each time they cross the automated weighbridge on their way to or from the sea. Data collection or data gathering is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes.Inventory management softwareInventory management software is software used to record, track, and manage inventory levels, orders, sales, deliveries, and related stock movements. It is used in fields including retail, warehousing, distribution, and manufacturing. In manufacturing environments, such software may also be used alongside production-planning systems to support work orders, bills of materials, and related planning records.e-commercee-commerceRelated word or term.

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