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Affiliate programs  arrangements made between e-commerce sites that direct users from one site to the other and by which, if a sale is made as a result, the originating site receives a commission.
B2B marketplace  an Internet-based service which brings together many buyers and sellers.
Clicks-and-mortar  a retailer, like Nordstrom, which has both an Internet presence and one or more physical stores.
Click-throughs  a count of the number of people who visit one site and click on an ad, and are taken to the site of the advertiser.
Complementor  provides products and services that complement the offerings of the enterprise and thereby extends its value-adding capabilities to its customers.
Conversion rate  the percentage of customers who visit a site who actually buy something.
Customer relationship management (CRM) system  uses information about customers to gain insights into their needs, wants, and behaviors in order to serve them better.
Demand aggregation  combines purchase requests from multiple buyers into a single large order which justifies a discount from the business.
Digital divide  the fact that different peoples, cultures, and areas of the world or within a nation do not have the same access to information and telecommunications technologies.
Direct material  material that is used in production in a manufacturing company or is placed on the shelf for sale in a retail environment.
ebXML  a set of technical specifications for business documents built around XML designed to permit enterprises of any size and in any geographical location to conduct business over the Internet.
E-government  the application of e-commerce technologies in governmental agencies.
Electronic Bill Presentment and Payment (EBPP)  a system that sends us our bills over the Internet and gives us an easy way to pay them if the amount looks correct.
Electronic commerce  commerce, but it is commerce accelerated and enhanced by information technology, in particular, the Internet.
Electronic data interchange (EDI)  the direct computer-to-computer transfer of transaction information contained in standard business documents, such as invoices and purchase orders, in a standard format.
E-tailer  an Internet retail site.
Extranet  an intranet that is restricted to an organization and certain outsiders, such as customers and suppliers.
Financial cybermediaries  Internet-based companies that make it easy for one person to pay another person over the Internet.
Financial EDI (FEDI)  the use of EDI for payments.
Global digital divide  the term used specifically to describe differences in IT access and capabilities between different countries or regions of the world.
Indirect material  (commonly called MRO materials) material that is necessary for running a modern corporation, but does not relate to the company's primary business activities.
Interactive chat  lets you engage in real-time typed exchange of information between you and one or more other individuals over the Internet.
Intermediary  a specialist company that provides services better than its client companies can themselves.
Internet telephony  a combination of hardware and software that uses the Internet as the medium for transmission of telephone calls in place of traditional telephone networks.
Intranet  an internal organizational Internet that is guarded against outside access by a special security feature called a firewall (which can be software, hardware, or a combination of the two).
Marketing mix  the set of marketing tools that a firm uses to pursue its marketing objectives in the target market.
M-commerce  the term used to describe electronic commerce conducted over a wireless device such as a cell phone or personal digital assistant.
Meta tag  a part of a Web site text not displayed to users but accessible to browsers and search engines for finding and categorizing Web sites.
Micro-payment  a technique to facilitate the exchange of small amounts of money for an Internet transaction.
Pure play  an Internet retailer such as Amazon.com that has no physical stores.
Reverse auction  the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left.
Smart cards  plastic cards the size of a credit card that contain an embedded chip on which digital information can be stored.
Spam  unsolicited e-mail.
Value network  all of the resources behind the click on a Web page that the customer doesn't see, but that together create the customer relationship-service, order fulfillment, shipping, financing, information brokering, and access to other products and offers.
Viral marketing  encourages users of a product or service supplied by a B2C company to ask friends to join in as well.
Virtual private network (VPN)  uses software to establish a secure channel on the Internet for transmitting data.
Web Services  software applications that talk to other software applications over the Internet using XML as a key enabling technology.
XML (eXtensible Markup Language)  a coding language for the Web that lets computers interpret the meaning of information in Web documents.







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