What Is the Difference Between E-Commerce and E-Enterprise?
Shopping on-line has been gaining fashionableity because the unfortunate emergent of the 'Coronavirus' or 'Covid-19' pandemic and the ensuing lockdown that's happening worldwide. Owing to this, most individuals must conduct their shopping or enterprise online using their computer systems or smartphones with Internet connection from where they are. Thanktotally, this has been made potential by widespread networks known as E-Commerce and E-Business.
Most individuals are of the opinion that these two terms mean the same. Actually, they are not, however are carefully related to one another.
Definition of E-Commerce
The term 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 head to head 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 services that take place between two companies.
2. Business to Consumer (B2C)
This refers to any type of digital transactions of products or services that take place between the seller and the customer. By far, this is a quite common type of E-Commerce.
This type of E-Commerce is generally more dynamic and simply conducted. With the setting up of many on-line stores, B2C has increased very significantly over the past couple of months because of the lockdown. Now you can easily discover just about any type of online store and in any niche you want over the Internet. They sell all kinds of physical products equivalent to books, gadgets, clothes, tools, accessories, etc. and digital products such as e-Books, info, on-line courses, etc.
Many people are moving toward on-line shopping more than the physical one because it's more handy, and the costs are often cheaper too, even with shipping cost. Another plus point is most online stores may even provide free shipping for purchases exceeding a certain amount.
3. Consumer to Consumer (C2C)
This refers to any electronic transaction of products or services between one customer and one other customer. Usually, this can take place with the assistance of a third-party, for instance, Amazon, eBay or Etsy as a marketplace for online selling and buying.
4. Consumer to Enterprise (C2B)
Consumer to enterprise is a type of business model where the client or consumer creates a product or provides a service that a business or company uses to enhance its enterprise set-up, to reinforce its enterprise image or to achieve advantages over its competitors.
As an illustration, websites such as Fiverr, Upwork, etc. the place their freelancers provide their companies like website or emblem creations, and any enterprise can use their services if they want.
5. Enterprise to Administration (B2A)
This refers to any type of transactions which might be conducted between business and authorities by means of the Internet. It contains many alternative types of services, akin to fiscal, social security, employments, authorized paperwork, 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, training, health, social security, etc.
Definition of E-Enterprise
The term E-Business is an acronym referring to "Electronic Enterprise," and its business is performed with using the Internet, Extranet, Intranet and website. In this sense, E-Business is a bit just like E-Commerce, however it's more than just selling and shopping for products or providers online.
Essentially, E-Enterprise encompasses a wider range of business processes, similar to electronic ordering and processing, customer relationship management, supply chain administration, etc. Typically, E-Commerce may be construed as a part of E-Business.
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