What is virtual commerce (vCommerce, v-commerce, or vCom)? - Definition from WhatIs.com


virtual commerce (vCommerce, v-commerce, or vCom)

Part of the Software applications glossary:

Virtual commerce (sometimes known as vCommerce, v-commerce, or vCom) is a type of application, service, or product feature that helps enterprises implement strategies and design Web sites for e-commerce (the buying and selling of goods and services using the Internet). The term "virtual commerce" is sometimes used as a synonym for e-commerce itself.

Another type of virtual commerce application is a program that simulates business and entrepreneurial environments for educational purposes. In one version, for example, students create, develop, and run their own virtual (computer-simulated) businesses using virtual money. They also trade virtual stock and interact with virtual clients and customers.

The term "vCommerce" is sometimes used to refer to voice commerce , in which computer users interact with Web sites incorporating voice recognition technology.

This was last updated in March 2011
Posted by: Margaret Rouse

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