Definition
Digital transformation and online business strategies for modernizing operations and reaching digital customers.
In the room
How the word shows up in a real conversation.
You know Online store is doing work when it changes a weekly choice — price, hire, channel, or kill. The working definition: Digital platform where customers can browse and purchase products or services.
Common mistake
Using Online store as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Online business model
Framework for conducting business operations primarily through digital channels.
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Non-competition clause
Contract provision that limits competitive activities after employment ends.
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Non-competition restriction
Legal limitation on competitive activities in specific markets or time periods.
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Operating Agreement
Legal document that outlines the rules and regulations for running a business.
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