e-commerce

Vocabulary Word

Definition

'E-commerce' is a term used to describe the buying and selling of goods and services over the Internet. It applies not only to retail shopping but also includes online auctions, payment gateways, and online ticketing.

Examples in Different Contexts

E-commerce plays a significant role in charity fundraising. Non-profit organizations often use online platforms to sell merchandise and collect donations for their causes.

Practice Scenarios

Tech

Scenario:

We are committed to delivering a top-notch user experience on our platform. Let's explore options to improve.

Response:

Creating a more efficient e-commerce platform should be our focus. It can facilitate a smoother user interface and experience.

Business

Scenario:

As competition online intensifies, enhancing our digital presence is crucial. Any thoughts on that?

Response:

An effective e-commerce strategy will provide the substantial digital presence we need. We can leverage online analytics for better targeting and sales.