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What Is the Difference Between E-Commerce and E-Enterprise?
Shopping online has been gaining in styleity because the unlucky emergent of the 'Coronavirus' or 'Covid-19' pandemic and the ensuing lockdown that's taking place worldwide. Owing to this, most individuals need to 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 attainable by fashionable networks known as E-Commerce and E-Business.
Most individuals are of the opinion that these two phrases imply the same. In truth, they are not, however are carefully related 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 by means of a web-based store. Unlike a "brick and mortar" store, there is no such thing as a head to head interfacing between the seller and the buyer to ensure that the transaction to take place.
Some E-Commerce models are as follows:
1. Business to Business (B2B)
This refers to any type of electronic transactions of products or services that take place between companies.
2. Business 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 on-line stores, B2C has increased very significantly over the last couple of months due to the lockdown. Now you can simply find just about any type of on-line store and in any area of interest you want over the Internet. They sell all kinds of physical products comparable to books, gadgets, garments, tools, accessories, etc. and digital products similar to e-Books, information, on-line programs, etc.
Many people are moving toward online shopping more than the physical one because it's more convenient, and the prices are often cheaper too, even with shipping cost. Another plus level is most on-line stores may even provide free shipping for purchases exceeding a sure amount.
3. Consumer to Consumer (C2C)
This refers to any digital transaction of products or companies between one customer and one other customer. Generally, this can take place with the assistance of a third-party, for example, Amazon, eBay or Etsy as a marketplace for online selling and buying.
4. Consumer to Business (C2B)
Consumer to business is a type of business model where the client or user creates a product or provides a service that a enterprise or firm uses to enrich its enterprise set-up, to enhance its business image or to gain advantages over its competitors.
For instance, websites equivalent to Fiverr, Upwork, etc. where their freelancers offer their companies like website or brand creations, and any business can use their companies if they want.
5. Enterprise to Administration (B2A)
This refers to any type of transactions that are performed between business and government by the Internet. It includes many alternative types of companies, akin to 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-Business
The term E-Business is an acronym referring to "Electronic Enterprise," and its business is carried out with the use of the Internet, Extranet, Intranet and website. In this sense, E-Business is a bit similar to E-Commerce, however it's more than just selling and shopping for products or services online.
Essentially, E-Business encompasses a wider range of business processes, akin to digital ordering and processing, customer relationship management, provide chain administration, etc. Usually, E-Commerce might be construed as a part of E-Business.
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