Definition

1. Noun:
   • Commerce conducted electronically: The buying and selling of goods and services over the internet or other electronic systems.

Usage

• General Use: The term is used to describe all commercial transactions that are facilitated through digital means, primarily online platforms.
• Context: It is commonly used in business, technology, and economic discussions.

Examples

• Noun:
  • The growth of e-commerce has transformed the retail industry.
  • Many small businesses now rely on e-commerce to reach a global market.
  • Secure payment systems are essential for successful e-commerce.

Advanced Usage

• "to engage in e-commerce": to participate in buying or selling online.
  • The company decided to engage in e-commerce to expand its customer base.
• "e-commerce platform": a digital service or website that facilitates online trade.
  • They built their store on a popular e-commerce platform.

Variants and Related Words

• E-business (n): A broader term that includes all business processes conducted online, not just buying and selling.
  • Their strategy integrates e-commerce with other e-business functions like supply chain management.
• M-commerce (n): Commerce conducted specifically via mobile devices.
  • The rise of smartphones has accelerated the growth of m-commerce.

Synonyms

• Online retail: The sale of goods to consumers over the internet.
• Electronic trading: The exchange of goods or services using electronic systems.

Related Phrases

• E-commerce transaction: A single instance of buying or selling conducted online.
  • Every e-commerce transaction is recorded in the database.
• E-commerce site: A website dedicated to online commerce.
  • They redesigned their e-commerce site to improve user experience.

Noun

1. commerce conducted electronically (as on the internet)