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What Is the Distinction Between E-Commerce and E-Business?
Shopping on-line has been gaining standardity since the unfortunate emergent of the 'Coronavirus' or 'Covid-19' pandemic and the following lockdown that's happening worldwide. Owing to this, most people have to conduct their shopping or enterprise on-line utilizing their computers or smartphones with Internet connection from where they are. Thanktotally, this has been made potential by two widespread networks known as E-Commerce and E-Business.
Most people are of the opinion that these two phrases imply the same. In fact, they are not, however are intently associated to at least one another.
Definition of E-Commerce
The time period E-Commerce, is an acronym referring to "Electronic 'Commerce" and it's the process of selling and shopping for of products through a web based store. Unlike a "brick and mortar" store, there isn't a nose to nose interfacing between the seller and the buyer to ensure that 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 companies 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 on-line stores, B2C has increased very significantly during the last couple of months due to the lockdown. You can now easily find just about any type of on-line store and in any niche you need over the Internet. They sell all kinds of physical products equivalent to books, gadgets, garments, instruments, accessories, etc. and digital products such as e-Books, data, online programs, 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. One other plus point is most on-line stores can even offer free shipping for purchases exceeding a certain amount.
3. Consumer to Consumer (C2C)
This refers to any electronic transaction of products or companies between one customer and another customer. Generally, this can take place with the help of a third-party, as an illustration, Amazon, eBay or Etsy as a marketplace for online selling and buying.
4. Consumer to Enterprise (C2B)
Consumer to enterprise is a type of enterprise model the place the client or consumer creates a product or provides a service that a enterprise or firm uses to enhance its business set-up, to reinforce its enterprise image or to achieve advantages over its competitors.
As an illustration, websites resembling Fiverr, Upwork, etc. where their freelancers supply their services like website or brand creations, and any business can use their providers in the event that they want.
5. Business to Administration (B2A)
This refers to any type of transactions which are performed between business and authorities by means of the Internet. It includes many alternative types of providers, equivalent 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, education, health, social security, etc.
Definition of E-Business
The term E-Enterprise is an acronym referring to "Digital Business," and its business is carried out with the use of 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 buying products or providers online.
Essentially, E-Enterprise encompasses a wider range of business processes, resembling electronic ordering and processing, customer relationship management, supply chain management, etc. Usually, E-Commerce will be construed as a part of E-Business.
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