Shopping online has been gaining popularity for the reason that unlucky emergent of the ‘Coronavirus’ or ‘Covid-19’ pandemic and the following lockdown that is occurring worldwide. Owing to this, most individuals must conduct their shopping or enterprise on-line utilizing their computer systems or smartphones with Internet connection from the place they are. Thankabsolutely, 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 terms mean the same. In reality, they are not, however are closely related to 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 face to face interfacing between the seller and the customer 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 digital transactions of products or companies that take place between companies.

2. Enterprise to Consumer (B2C)

This refers to any type of digital transactions of products or providers 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 simply conducted. With the setting up of many on-line stores, B2C has increased very significantly over the past couple of months due to the lockdown. You can now simply find just about any type of online store and in any niche you want over the Internet. They sell all kinds of physical products resembling books, gadgets, clothes, instruments, accessories, etc. and digital products equivalent to 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 often cheaper too, even with shipping cost. Another 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 companies between one buyer and another customer. Usually, this can take place with the help of a third-party, for instance, 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 shopper or person creates a product or provides a service that a business or company uses to enhance its business set-up, to reinforce its business image or to achieve advantages over its competitors.

As an example, websites reminiscent of Fiverr, Upwork, etc. where their freelancers supply their services like website or emblem creations, and any business can use their services in the event that they want.

5. Business to Administration (B2A)

This refers to any type of transactions that are conducted between enterprise and authorities by means of the Internet. It includes many different types of providers, such as 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 performed with the use of the Internet, Extranet, Intranet and website. In this sense, E-Business is a bit much like E-Commerce, however it’s more than just selling and buying products or providers online.

Essentially, E-Business encompasses a wider range of enterprise processes, equivalent to digital ordering and processing, customer relationship management, provide chain management, etc. Usually, E-Commerce can be construed as a part of E-Business.

There are two types of E-Business models:

1. Pure play

This refers to a company that only operates over the Internet and offers only one particular type of product or service in order to realize a larger market share.

2. Bricks and clicks

It is a enterprise model adopted by merchants that have physical shops and run their business in each online and offline ways. In different words, the merchants provide their prospects each and offline and an online channel to shop.

How is E-Commerce Completely different from E-Business?

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

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