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Definition

Commercial online database

Definition (1):

A commercial online database is the collection of information available from online commercial sources or accessible via the internet.

Using these databases marketing researchers can conduct their own searches of secondary data sources. General database services such as Dialog, Pro-Quest, and LexisNexis put an incredible wealth of information at the keyboards of marketing decision-makers.

Nowadays innumerable websites are offering data and it has become almost an overwhelming task to find the right ones among them.

Definition (2):

Commercial online database refers to the data’s or information’s computerized collections obtainable via the internet or from online commercial sources.

Traditionally, these database vendors have provided businesses with useful and high-quality data or information about innumerable topics. But their usefulness has become limited because of the difficulty of using these services and the irregular update cycles. Again, government databases are becoming quite useful in recent years. In the past, public information was sometimes available only at government offices or libraries. Modern developments such as EDGAR (Electronic Data Gathering, Analysis, and Retrieval) database maintained by the U.S. Securities and Exchange Commission gives up-to-date and valuable information.

Use of the term in Sentence:

  • Despite some limitations, commercial online databases are among the mentionable and useful sources of web content.
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