What Is the Distinction Between E-Commerce and E-Business?
Shopping on-line has been gaining commonity since the unfortunate emergent of the 'Coronavirus' or 'Covid-19' pandemic and the following lockdown that's occurring worldwide. Owing to this, most people have to conduct their shopping or business on-line using their computer systems or smartphones with Internet connection from the place they are. Thanktotally, this has been made attainable by two well-liked networks known as E-Commerce and E-Business.
Most people are of the opinion that these two terms mean the same. In truth, they don't seem to be, however are intently related to one 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 buying of products by means of a web-based store. Unlike a "brick and mortar" store, there is no such thing as a nose to nose interfacing between the seller and the buyer 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 providers that take place between two companies.
2. Business to Consumer (B2C)
This refers to any type of electronic transactions of products or providers 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 usually more dynamic and simply conducted. With the setting up of many online stores, B2C has elevated very significantly over the last couple of months as a result of lockdown. You can now easily find just about any type of on-line store and in any niche you want over the Internet. They sell all kinds of physical products similar to books, gadgets, garments, tools, accessories, etc. and digital products akin to e-Books, info, on-line courses, etc.
Many people are moving toward on-line shopping more than the physical one because it's more convenient, and the costs are usually cheaper too, even with shipping cost. Another plus point is most on-line stores will even supply free shipping for purchases exceeding a certain amount.
3. Consumer to Consumer (C2C)
This refers to any digital transaction of products or services 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 the place the client or person creates a product or provides a service that a enterprise or company uses to enhance its business set-up, to reinforce its enterprise image or to realize advantages over its competitors.
As an example, websites resembling Fiverr, Upwork, etc. the place their freelancers offer their companies like website or brand 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 performed between enterprise and government through the Internet. It includes many various types of companies, akin to fiscal, social security, employments, authorized documents, etc.
6. Consumer to Administration (C2A)
This refers to any type of transactions that take place between the consumer and the government. For instance, taxes, training, health, social security, etc.
Definition of E-Business
The time period E-Business is an acronym referring to "Digital Enterprise," and its enterprise is performed with using the Internet, Extranet, Intranet and website. In this sense, E-Enterprise is a bit much like E-Commerce, however it's more than just selling and buying products or companies online.
Essentially, E-Enterprise encompasses a wider range of enterprise processes, such as digital ordering and processing, customer relationship management, provide chain administration, etc. Typically, E-Commerce will be construed as a part of E-Business.
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