E-commerce-based

Referring to systems, businesses, or activities that primarily utilize the internet and digital platforms for the buying and selling of goods or services. This encompasses a wide range of operations, from the fundamental transaction of selling products online to sophisticated strategies like digital marketing, supply chain management, and customer relationship management all delivered via the internet. An e-commerce-based entity's core function relies on online sales channels, payment processing, data analytics, and typically the fulfillment of physical or digital products/services. This form relies heavily on technologies such as web design, mobile applications, search engine optimization (SEO), social media integration, and secure electronic transactions. The objective is to optimize the online customer experience and drive sales performance.

E-commerce-based meaning with examples

• The company's operational model is entirely e-commerce-based, with its website and mobile app serving as the exclusive points of sale. They depend on targeted digital marketing campaigns to draw in and convert customers. Their inventory management, sales, and distribution are entirely managed through digital applications and a third-party logistics (3PL) service to improve customer service.
• The startup’s business plan clearly focuses on an e-commerce-based platform to reach a wider customer base than a brick-and-mortar store would allow. They aim to build a strong brand identity through social media, influencer marketing, and search engine optimization (SEO), driving their digital sales strategy.
• With globalization and increased competition, the established retail business is shifting towards an e-commerce-based approach to stay relevant. It’s adopting digital storefronts, offering online order/delivery, and providing customer service to enhance its consumer reach and optimize performance across the board.
• The new software solution is e-commerce-based and offers features like automated inventory updates, real-time sales tracking, and personalized recommendations, which improve user experience and encourage customer loyalty. These features allow the business owner to manage their online presence and deliver exceptional digital products.