What Is The Difference Between E-Commerce And E-Business?

What Is The Difference Between E-Commerce And E-Business?

Shopping online has been gaining fashionableity for the reason that unlucky emergent of the 'Coronavirus' or 'Covid-19' pandemic and the ensuing lockdown that's taking place worldwide. Owing to this, most people must conduct their shopping or business on-line using their computer systems or smartphones with Internet connection from where they are. Thankabsolutely, this has been made possible by fashionable networks known as E-Commerce and E-Business.

Most people are of the opinion that these phrases imply the same. In actual fact, they are not, but are closely related to 1 another.

Definition of E-Commerce

The time period E-Commerce, is an acronym referring to "Digital 'Commerce" and it's the process of selling and shopping for of products through an online store. Unlike a "brick and mortar" store, there isn't any nose to nose interfacing between the seller and the client in order for the transaction to take place.

Some E-Commerce models are as follows:

1. Enterprise to Enterprise (B2B)

This refers to any type of electronic transactions of products or companies that take place between two companies.

2. Enterprise to Consumer (B2C)

This refers to any type of electronic transactions of products or services that take place between the seller and the customer. By far, this is a very common type of E-Commerce.

This type of E-Commerce is generally more dynamic and easily conducted. With the setting up of many online stores, B2C has elevated very significantly during the last couple of months because of the lockdown. You can now easily find just about any type of online store and in any area of interest you need over the Internet. They sell all kinds of physical products such as books, gadgets, garments, tools, accessories, etc. and digital products such as e-Books, info, on-line courses, etc.

Many people are moving toward online shopping more than the physical one because it's more handy, and the costs are usually cheaper too, even with shipping cost. Another plus level is most on-line stores can even offer free shipping for purchases exceeding a sure amount.

3. Consumer to Consumer (C2C)

This refers to any electronic transaction of products or companies between one buyer and another customer. Typically, this can take place with the assistance of a third-party, as an example, Amazon, eBay or Etsy as a marketplace for on-line selling and buying.

4. Consumer to Business (C2B)

Consumer to business is a type of enterprise model where the customer or user creates a product or provides a service that a enterprise or firm makes use of to enhance its enterprise set-up, to enhance its enterprise image or to achieve advantages over its competitors.

As an illustration, websites resembling Fiverr, Upwork, etc. where their freelancers offer their providers like website or emblem creations, and any business can use their services if they want.

5. Business to Administration (B2A)

This refers to any type of transactions that are performed between enterprise and authorities via the Internet. It consists of many various types of services, reminiscent of fiscal, social security, employments, legal documents, etc.

6. Consumer to Administration (C2A)

This refers to any type of transactions that take place between the consumer and the government. For example, taxes, schooling, health, social security, etc.

Definition of E-Enterprise

The term E-Business is an acronym referring to "Electronic Business," and its enterprise is conducted with the use of the Internet, Extranet, Intranet and website. In this sense, E-Enterprise is a bit just like E-Commerce, but it's more than just selling and shopping for products or companies online.

Essentially, E-Enterprise encompasses a wider range of enterprise processes, akin to digital ordering and processing, customer relationship administration, supply chain management, etc. Generally, E-Commerce could be construed as a part of E-Business.

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