Social Commerce

Where consumers band together online to influence, collectively, the price of a good or service, a form of social shopping.

A website or mobile app that, reduces its price for every like or tweet that potential customers generate as a group or where customers can get enough of their friends to buy ecommerce coupons, are engaged in forms of social commerce. In effect, consumers are banding together online to influence the price at which they are willing to buy and companies are paying their customers to do some marketing for them.

E-Commercable

Goods,Commodities, or Services that qualify to be legally purchased and sold electronically, especially on a large scale, as between cities, states, or countries.

Illegal drugs are not e-commercable.

commerce-website

Commericial website

Content management is ideal with a commerce-website.

Commerce 240

1. Basic Finance Class, bond valuation, Gordon Dividend growth model, Beta as an almighty causal relationship.

2. Slang for mentally infirm, Retard.

1. Man, how did I fail that exam? I was so Commerce 240 today.
2. That guy is so COM240; net present value should be smaller than the sum of the future values. (If the discount rate is positive)