Where consumers band together online to influence, collectively, the price of a good or service, a form of social shopping and reverse pricing.
A website or mobile app that reduces the prices of its products or services for every like or tweet that potential customers generate as a group is using a form of social commerce. Or when consumers get their friends to buy a sufficient number of ecommerce coupons, they are engaged in 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 their marketing for them.
by ProfBruce May 7, 2011
Get the Social Commercemug. A young hyper-feminine looking lesbian. Inspired by the term “trade”, it correlates to the fiscal similarities both definitions share. Originally coined in a Shake Shack. May refer to any woman of any age, as long as no one would suspect their homosexuality. For example, Sabrina Carpenter if she were a lesbian.
“Wow that girl is so pretty… do you think she’s commerce?”
“This whole room is full of women who don’t realize they’re commerce.”
“This whole room is full of women who don’t realize they’re commerce.”
by madsbumblebee October 9, 2025
Get the Commercemug. Commericial website
by Hercolena Oliver July 11, 2010
Get the commerce-websitemug. 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.
by ProfBruce April 20, 2011
Get the Social Commercemug. 1. A popular scam that peaked in the mid-to-late 90s. The fundamental premise was that having a web page magically made money appear out of thin air.
2. A derisive term for a place of business.
2. A derisive term for a place of business.
1. I don't need to have a product to make money, I run a dot commerce business!
2. He says he was a CEO? Yeah, sure, of a dot commerce company.
2. He says he was a CEO? Yeah, sure, of a dot commerce company.
by GrouchySmurf July 10, 2003
Get the dot commercemug. 1. Basic Finance Class, bond valuation, Gordon Dividend growth model, Beta as an almighty causal relationship.
2. Slang for mentally infirm, Retard.
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)
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)
by Linda Welling March 14, 2010
Get the Commerce 240mug. Goods,Commodities, or Services that qualify to be legally purchased and sold electronically, especially on a large scale, as between cities, states, or countries.
by Baloney Sandwich February 9, 2010
Get the E-Commercablemug.