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Important ecommerce terms everyone should know.

Mcommerce:

Mobile commerce, also known as “m-commerce”, is the use of wireless handheld devices like cell phones and tablets, to conduct commercial transactions online, including the purchase and sale of products, online banking and bill paying.

Omnichannel:

Omnichannel, also spelled “omni-channel”, is a multichannel approach to sales that seeks to provide customers with a seamless shopping experience, whether they’re shopping online from a desktop or mobile device, by telephone, or in a brick-and-mortar store.

Hosting:

E-commerce hosting covers a wide array of solutions and applications that assist businesses with selling their products on the World Wide Web. These services most typically include web page design, electronic storefronts and online catalogs, electronic shopping carts, the provision of financial transactions, customer order processing, and inventory management tools.

E-commerce hosting may also involve EDI, which includes emails, faxes and business documents.

Pure play:

A company that operates only on the Internet..

Drop Shipping:

It is a type of e-commerce in which the seller does not have stock of the products but sends the orders directly to the distributor and it is the latter who sends it to the buyer.

ERP:

Enterprise Resource Planning is a set of management information that allows the integration of company operations, especially those that affect production, logistics, inventory and shipments, hence its importance in e-commerce.

Logistics:

It encompasses everything related to the storage, distribution and delivery of the products that are marketed within our online store. Usually, if we talk about large marketplaces, it is usually subcontracted to another company dedicated exclusively to it.

Magento:

Plataforma de e-commerce basada en software libre líder en el mercado. Dispone de varias versiones y permite la posibilidad de aplicación en M-Commerce.

Marketplace:

Third-party online sales platforms made available to individuals and companies to sell their products there without having to have their own online store.