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Computers: Understanding Tech 6e 10.6

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Term
Definition
electronic commerce (e-commerce)   The name for buying and selling products and services over the Internet.  
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mobile commerce (m-commerce)   A form of e-commerce in which consumers make their online purchases using smartphones and other mobile devices.  
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business-to-business (B2B) electronic commerce   A form of e-business in which companies use the Internet to conduct a wide range of routine business activities with other companies, including ordering manufacturing parts and purchasing inventories from wholesalers.  
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business-to-consumer (B2C) electronic commerce   A form of e-business in which companies use the Internet to sell products and services to consumers and to receive payments from them.  
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e-tailer   A retail company that carries out electronic commerce.  
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pure-play e-tailer   A business, such as Amazon, that sells its products and services exclusively over the web.  
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online shopping   Using a web-connected computer or mobile device to locate, examine, purchase, and pay for products.  
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e-ticket   An airline ticket purchased online.  
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online store   An online storefront, which is a seller’s website where customers can view and purchase products and services. Also called virtual store.  
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virtual store   See online store.  
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online superstore   An online store that offers an extensive array of products, from candy bars to household appliances.  
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online shopping mall   An online store system that connects multiple stores via hyperlinks on the mall’s home page.  
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online catalog   An online resource that presents detailed information about a company’s products and services.  
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shopping agent   A comparison shopping website that enables you to compare the prices that multiple online retailers charge for a particular product.  
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online banking   Using a web-connected PC or mobile device to conduct routine banking transactions.  
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flash sale   A special sale where the online retailer sells a small quantity or surplus of stock at a large discount for a limited period of time.  
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shopping cart   A virtual container for the items the consumer wishes to purchase. Also called shopping basket.  
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