But in the world of startups or small business, you might be wearing many hats. A list or collection of the words or phrases of a language, technical field, etc. We have collected almost all the words related to accountancy and commerce and listed them here for your reference. Offers definitions for e commerce technology and internet marketing terms. There are various ecommerce terms which we need to know to. Wordpress conversion rate the percentage of visitors to a given page that convert into customers cta call to action, the heading or phrase on your page encouraging the visitor to take action and click your buy button. Glossary of terms at, we work hard at making the process of building, maintaining and promoting our clients websites as easy as possible for them. Glossary of health coverage and medical terms this glossary defines many commonly used terms, butisnt a full list. Employee engagement is the state, level, or process of building employee commitment to an organization, reflected in how much they strive to. The functionality of an ecommerce store that allows visitors to add and edit multiple product selections to a single order during a shopping session. E commerce glossary glossary this glossary contains important terms from the e commerce field. This glossary aims to break down the expanse of ecommerce terminology out there and is a great read for those new to the discipline.
Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. Sometimes called split testing, this is a method of trying out two different websiteproduct listings to compare and contrast sales metrics, typically conversion rates. Italicized terms within the definitions are themselves defined elsewhere in the glossary, for crossreference. We also reserve the right to alter the telephony services available for sale on the website and to discontinue any product line or service. E commerce terminology and definitions linkedin slideshare.
Although the list is exhausting, we have added all that we have. Having a shopping cart on your e commerce site is an essential function to allow users to browse and buy multiple items. Wright, director of the thomas willing institute for the study of financial markets, institutions, and regulations and the nef family chair of political economy, augustana college sd this work is not ed. Employee engagement is the state, level, or process of building employee commitment to an organization, reflected in how much they strive to improve the companys image, wellbeing and profitability. Attestation is one component of the payment card industry data security standards pci dss validation process. Top 15 ecommerce terms you need to know lightspeed hq. Feel free to e mail any comments, questions, feedback to alex.
Understanding how and when to use these terms will start you on the path to opening the online store you had always envisioned. Poverty defined with respect to an absolute material standard of living. In the context of a payment card transaction, authorization is the first step in processing a payment card. This glossary contains nontechnical descriptions of all the terms in economics for everyone highlighted in small capitals. Other terms relevant to ecommerce and online store design. The terminology of ecommerce is defined so as to explain how the people name and classify transactions and activities being referred to by this area. The functionality of an e commerce store that allows visitors to add and edit multiple product selections to a single order during a shopping session.
Amazon customers may make claims against sellers under the atoz guarantee umbrella. Introduction to ecommerce 1 learning objectives c to understand the complexity of ecommerce and its many facets. Its crucial to speak the language of ecommerce before you enter the online marketplace. Ecommerce glossary of terms ecommercevictoria shmyr. August 2018 in consideration of payment of the relevant fee, wood mackenzie limited wood mackenzie will permit you to download a copy of the relevant report for use upon the terms and conditions set out in this document the terms and conditions, the consents obtained from you on. An ecommerce platform is software technology that lets ecommerce merchants open and manage an online storefront. As you get started in ecommerce, you will soon come across terms related to ecommerce shipping that may be foreign to you. Merchant account a written, commercial bank account established by contractual agreement between a merchantbusiness. We provide application development consulting, ecommerce server administration, general consulting and merchant account customer service to the wsu community. Terms, definitions and clarifications virto commerce. Each entry includes its own url and also includes a link to its wikipedia definition for further exploration. Apr 23, 2020 if you run an e commerce store, its important that you have a welldrafted terms and conditions agreement linked throughout your store.
Ecommerce business that is conducted over the internet or cellular connectivity using applications such as websites, e mail, instant messaging, shopping carts, and others. These include online auction sites, internet banking, online ticketing and reservations, and business to business b2b transactions. A cheat sheet of 63 ecommerce terms campaign monitor. Heres a list of the needtoknow terms that will allow you to participate in the ecommerce conversation. Now that you know these terms, youll be more prepared to communicate with freelancers, learn from other blog posts, and take total control of your ecommerce email marketing. The best explanation of the most important e commerce terms and phrases is given in 2 where all definitions seem to be like a standard. Where the word commerce is a general more inclusive word that describes transactions and interactions from multiple channels both online and offline. The oecd glossary of statistical terms is one example of such a glossary database, though others have been developed by eurostat, the united nations statistical division and the international statistical institute. Nov 26, 20 glossary of business terms a to z handy definitions of financial and economic jargon from libor and quantitave easing to black swans and dead cat bounces published on tue 26 nov 20 18. Additional items customers buy due to in store suggestions. An amazon program which guarantees the condition and timely delivery of third party products. Originally a military term, a thirdparty logistics company provides outsourced logistics services. An ecommerce terms and conditions is a legal agreement that explains the rules regarding things such as ownercustomer responsibilities, pricing and payment, ecommerce returns, promotions, and shipping details. Often the language thrown about concerning the internet can seem complicated to understand for the lay business person.
A useful glossary for merchants coming accros in ecommerce related acticles and documents, as well as additional clarifications on certain common words and phrases ecommerce glossary from a to z. Amazon seller glossary a complete guide to amazon fba terms. You can refer to this glossary to learn the meanings of. Glossary of terms avs address verification service a service used to verify that the billing address and zip code supplied by the customer match the address where credit card statements are sent that is on record at the cardissuing bank. Packed with analysis, opinion and plenty to get your mind ticking, ecommerce times is more akin to a magazine than a starting point. A cheat sheet of 63 ecommerce terms adii pienaar 27 february 2020 every business and industry has its language. We have compiled a short list of the most common terms. So, we put together a handy glossary of the most common analytics terms youll find. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. Trade terms, published by the international chamber of commerce icc, that are commonly used in international contracts. Youll find some of whats included here and lots more in econsultancys ecommerce best practice guide. Ikea will collect and use information for the purpose of fulfilling your order. Ecommerce glossary a z further ecommerce resources.
From welcome emails to reengagement campaigns and beyond, we seamlessly integrate with your ecommerce platformsmagento, shopify, and woocommerceso youll have. The site may revise these terms at any time by updating this page. Merchant account a written, commercial bank account established by contractual agreement between a merchantbusiness and a bank andor a payment gateway. Ecommerce is a field, platform, or environment where the buying and selling of goods and services are transacted online. In chronological order, here are the common ecommerce shipping terms, explained in simple everyday terms.
As a consequence of digital revolution there are a lot of terms in the field of ecommerce such as brickand mortar, b2b. While most people think of ecommerce as business to consumer b2c, there are many other types of ecommerce. An ecommerce enabled website must include mechanisms for customers to enter information such as their name, address, and credit card number. This site is not intended for use by, or to provide any information to, investors in any state where commerce brokerage services, inc. These glossary terms and definitionsare intended to be educational and may be different from the terms and definitions in your plan or health insurance policy. Customers must agree to your terms in order to browse your site, make purchases, or use any associated services. We have compiled a list of the most used ecommerce terms and phrases and tried our best to explain them. Terms and conditions for ecommerce stores termsfeed.
If so, finance and administration information systems fais may be your solution. Ecommerce glossary terms and definitions business glossary. The terms for an ecommerce shop will also limit the businesss liability for the accuracy of product descriptions, availability of. Learn e commerce i terminology with free interactive flashcards. Common forms of payment include credit cards and electronic checks. All prices listed on the website are correct at the time of publication however we reserve the right to alter these in the future. The terminology of e commerce is defined so as to explain how the people name and classify transactions and activities being referred to by this area. In e prescribing an aggregator is one role that an intermediary can play. An e check is a form of payment that deducts funds directly from your own standard checking account. Glossary of important business, economic, and financial history terms by robert e.
Comprehensive glossary of terms from the world of ecommerce. Ecommerce analytics glossary of terms translating the jargon youre coming across in your analytics data should be the last thing you spend time on. Glossary of website terms and web definitions 2018 list. Depending on the type participants involved in the transaction, e commerce can be classified as business to business b2b, business to consumer b2c and consumer to consumer c2c. An echeck provides a more fraud resistant option in terms of ecommerce. A useful glossary for merchants coming accros in e commerce related acticles and documents, as well as additional clarifications on certain common words and phrases ecommerce glossary from a to z. Cms content management system, a backend interface that makes editing content more userfriendly, e. The ecommerce landscape is littered with buzzwords and acronyms. Create or find a product that customers value, provide this product using an ecommerce platform, and finally sit back and watch the money pile up. Are you interested in accepting credit cards for your event, department or service center. Any attempt to alter, supplement, modify or amend these terms and conditions will be null and void unless agreed to in writing by bes natural solutions. Dec 31, 2012 e commerce terminology and definitions 1. Recently, the growth of ecommerce has expanded to sales using mobile devices, which is commonly.
Electronic commerce ecommerce is a type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an. Glossary of business terms a to z business the guardian. To certify by signature the accuracy and truthfulness of information provided. This is good for keeping up to date with the latest goings on in ecommerce, so you never fall behind the market. Adoption of ecommerce terminology semantic scholar. Glossary of terms ehnac glossary of terms 10119 page 2 of 42 term definition aggregator aggregator refers to a web site or computer software that aggregates a specific type of information from multiple online sources. Costco reports soaring ecommerce orders, but mentions stayathome orders hurt sales may 8, 2020 paypal reveals strong growth in payments offsetting travel slump. Terms and conditions agreements can help legally protect you as well as set out the rules that you and your customers will follow, limit your liability in the event that your product fails, and cover what to. In terms of internet commerce, a merchant is any web site that is selling physical goods, services, or digital content to consumers or other businesses. Certain provisions of these terms may be superseded by expressly designated legal notices or terms posted on particular pages at this site. This glossary is not intended to be used as a study guide for purposes of passing california court interpreter certification examinations, as some terminology might differ when used in specific context. An ecommerce and marketing dictionary of terms this dictionary serves as support material for online learning, specifically for marketing and ecommerce classes.
Choose from 500 different sets of e commerce i terminology flashcards on quizlet. Blog an essential for any ecommerce business, a blog is simply an online log of. Investopedia explains incoterms incoterms are used to make international trade easier by helping traders in different countries understand one another. Commonly people think of e commerce as online shopping, but it also encompasses other commercial activities such as internet banking or online auctions. We provide application development consulting, e commerce server administration, general consulting and merchant account customer service to the wsu community. Transactions can be initiated through various methods, including a.