As an Amazon Associate I earn from qualifying purchases.

What is E procurement in Marketing? PDF Download

Learn E procurement definition in marketing with explanation to study “What is E procurement”. Study e procurement explanation with marketing terms to review marketing course for online MBA programs.

E procurement Definition

  • Purchasing through electronic connections between buyers and sellers - usually online.

    Principles of Marketing by Philip T. Kotler, Gary Armstrong



E procurement Explanation

E- Procurement is also known as electronic procurement, is a business to business process of purchasing, order booking, and record keeping of goods and services via internet. Companies get more profits while using e- procurement services with customers or clients. It also has several advantages in the form of cost reduction, effective communication and process.

Keep Learning Marketing Explanations

What is Prospecting?

Prospecting is the initial phase in the business procedure, which comprises of recognizing potential clients, otherwise known as prospects. The ...

What is Multitasking?

Performing various tasks, in a working framework, is enabling a client to perform more than one PC task, (for example, ...

What is Market-Centered Organization?

The standards of association apply whether you are planning the whole association or an office inside it. The three most ...

What is Contractual VMS?

Contractual vertical marketing is a system created by individual firms' works in different capacity on contractual basis. This technique helps ...

What is Idea Screening?

Thought screening is a procedure that assesses and differentiation's new item thoughts to get the most encouraging ones for your ...

What is Product Map?

An item guide is an abnormal state visual outline that maps out the vision and heading of your item offering ...