nothing but the purchase and sale of goods throughout the web. On the contrary, the e-business a little different as it is not limited to commercial transactions, but also provides other services. These are the two emerging ways of doing business, which are gaining importance over time.
Gone are the days when you have to go to the market to buy a single item. Nowadays you only have to place an order online, and that item will come to you in a few minutes. Online shopping is becoming popular, due to its simplicity and comfort. This is possible only thanks to two electronic networks, namely, as e-commerce and e-business.
e-commerce concerns the company's relationships with its customers, customers or suppliers. In contrast, e-business refers to industry, commerce and commerce, with the help of information and communication technology. The article presented explains the difference between e-commerce and e-business.
|Sense||The exchange of goods, via the Internet, known as E-commerce.||Manage business using the Internet known as E-business.|
|What is it?||subset||superset|
|limited to monetary transactions?||s||No|
|What do they do?||Business transactions||Business transaction|
|require||Website||Website, CRM, ERP, etc.|
|Which network is used?||Internet||Internet, Intranet and Extranet.|
Definition of e-commerce
e-commerce an abbreviation used for e-commerce. the process by which the purchase, sale, negotiation, ordering and payment of goods and services are made via the Internet and are known as e-commerce. In this type of online business transaction, the seller can communicate with the buyer without having a face-to-face interaction.
Some examples of e-commerce application in the real world are online banking, online shopping, online ticket booking, social networking, etc.
The basic requirement of e-commerce is a website. Marketing, advertising, sales and management transactions are done with the help of the internet. Any monetary transaction, which is carried out with the help of electronic media e-commerce. The following are the types of e-commerce:
- B2B – The process in which to buy and sell goods and services between companies known as Business to Business. Example : Oracle, Alibaba, Qualcomm, etc.
- B2C – The process by which the goods are sold by the company to the customer. Example : Intel, Dell etc.
- C2C – The commercial transaction between customer and customer. Example : OLX, Quickr etc.
- C2B – The commercial transaction between customer and company.
Definition of e-business
Electronic Business, known as e-business, the online presence of business. It can also be defined as the business that is done with the help of the Internet or electronic data interchange, ie known as E-business. E-commerce is one of the important components of e-business, but not an essential part.
E-business is not limited solely to the purchase and sale of goods, but includes other activities that are part of the business such as providing services to customers, communicating with employees, customers or business partners can contact the company in the event that they wish to have a word with the company, or have some problems regarding the services, etc. All basic business operations are done using electronic media. There are two types of e-business, which are:
- Pure-Play : the company that has only an electronic existence. Example : Hotels.com
- Brick and Click : the business model in which both online and electronic and offline activities exist, ie the physical mode.
Key differences between e-commerce and e-business
The points presented below are substantial as regards the difference between e-commerce and e-business:
- The purchase and sale of goods and services through the Internet known as e-commerce. Unlike e-business, which is an electronic presence of the business, with which all commercial activities are conducted through the Internet.
- e-commerce is an important component of e-business.
- E-commerce includes money-related transactions, but e-business includes both monetary and allied activities.
- E-commerce has an extrovert approach that covers customers, suppliers, distributors, etc. On the other hand, e-business has an ambigert approach that covers both internal and external processes.
- E-commerce requires a website that can represent the company. In contrast, e-business requires a website, Customer Relationship Management and Enterprise Resource Planning to manage the activity on the Internet.
- e-commerce uses the internet to connect with the rest of the world. Unlike e-business, internet, intranet and extranet are used to connect with the parties.
e-commerce the main part of e-business. It can also be said that e-commerce is an e-business site, but e-business is not necessarily e-commerce. The first only the online presence of conventional commerce and the same the case of the latter.
At the moment most companies are doing electronic business just to win the maximum part of the market. Some e-commerce sites have emerged in recent years and the traditional commercial activities of the market are fading, such as Flipkart, Amazon, eBay, etc.