Shopping online has been gaining popularity because the unlucky emergent of the ‘Coronavirus’ or ‘Covid-19’ pandemic and the following lockdown that’s occurring worldwide. Owing to this, most individuals must conduct their shopping or business online utilizing their computer systems or smartphones with Internet connection from the place they are. Thanktotally, this has been made possible by two standard networks known as E-Commerce and E-Business.

Most people are of the opinion that these two terms imply the same. Actually, they aren’t, but are closely associated 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 buying of products by way 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 client in order for the transaction to take place.

Some E-Commerce models are as follows:

1. Business to Enterprise (B2B)

This refers to any type of electronic transactions of products or providers that take place between 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 very common type of E-Commerce.

This type of E-Commerce is mostly 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 as a result of lockdown. Now you can easily discover just about any type of on-line store and in any niche you need over the Internet. They sell all kinds of physical products such as books, gadgets, clothes, instruments, accessories, etc. and digital products resembling e-Books, information, online courses, etc.

Many individuals 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 level is most online stores will also provide free shipping for purchases exceeding a certain amount.

3. Consumer to Consumer (C2C)

This refers to any electronic transaction of products or providers between one customer and another customer. Typically, this can take place with the assistance of a third-party, for example, Amazon, eBay or Etsy as a marketplace for on-line selling and buying.

4. Consumer to Business (C2B)

Consumer to enterprise is a type of enterprise model the place the customer or person creates a product or provides a service that a enterprise or firm makes use of to complement its business set-up, to boost its enterprise image or to realize advantages over its competitors.

For instance, websites comparable to Fiverr, Upwork, etc. where their freelancers supply their providers like website or brand creations, and any business can use their companies in the event that they want.

5. Business to Administration (B2A)

This refers to any type of transactions that are carried out between enterprise and authorities through the Internet. It includes many alternative types of companies, similar 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, education, health, social security, etc.

Definition of E-Enterprise

The term E-Business is an acronym referring to “Electronic Business,” and its business is carried out with using the Internet, Extranet, Intranet and website. In this sense, E-Enterprise is a bit similar to 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, such as electronic ordering and processing, customer relationship management, supply chain management, etc. Usually, E-Commerce could be construed as a part of E-Business.

There are types of E-Enterprise models:

1. Pure play

This refers to a company that only operates over the Internet and gives only one particular type of product or service so as to achieve a bigger market share.

2. Bricks and clicks

It’s a enterprise model adopted by merchants which have physical retail outlets and run their enterprise in both on-line and offline ways. In other words, the merchants provide their customers both and offline and an internet channel to shop.

How is E-Commerce Totally different from E-Enterprise?

The process of selling and buying products over the Internet is just called E-Commerce. Nonetheless, E-Enterprise shouldn’t be confined to just the selling and buying process. Any enterprise that is performed over the Internet is considered as E-Business. As an example, the information and communication applied sciences utilized in upgrading one’s business. Basically, E-Commerce becomes a part of E-Business.

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