Online shopping has gained immense popularity these days. You don’t have to walk all the way to the store anymore to buy something. Anything you need is just few clicks away. This has become possible because of two popular networks E-business and eCommerce. The businesses are using eCommerce development services to create their online store.
However, the majority of people use E-business and eCommerce interchangeably. It might seem that both has same meaning but there is difference between them. Although they are closely related to each other. To put this in a simple words, we can say that eCommerce is the particularly related to the buying and selling online, on the other hand, e-business comprise of all the business activities commenced online.
This post is written with the purpose to help you understand the meaning between eCommerce and E-business so that you can understand both these in a better way. So, let’s talk more about this.
What are the Basis of eCommerce?
eCommerce can be considered as one subset of E-business. This is one basic business model that is associated with the buying and selling of the products online. The customers can make purchases online and directly make payments. The eCommerce is categories further into different models; B2C (Business-to-consumers) and B2B (Business-to-Business).
The Business-to-consumer (B2C) eCommerce model is the one in which businesses trade goods and services directly to customers using a website. These days almost all the retailers with brick-and-mortar stores have accommodated the prevalence of eCommerce websites and they now manage purchases using their websites as well as stores.
The Business-to-business (B2B) eCommerce encompasses B2B relationships. This model generally include transactions for bulk purchases. These are most done on regular basis for restocking the mandatory supplies. Hence, the transactions are automated.
We can say that eCommerce comprise of all the sales activities happening online: from ordering product online to delivering it at customers’ doorstep. The complete process of online sales can be defined as eCommerce. Businesses have already started leveraging website development services to sell through virtual marketplace.
What are the Basis of E-business?
Electronic Business, commonly known as E-Business relates to the use of the internet, web, extranet, and intranet to commence businesses. E-Business is very much alike eCommerce. However, it is a wider field, as it is not just a simple act of selling and buying online. This broad business process includes supply chain management, electronic ordering processing, reputation management, customer relationship management, and so on. This can be interpreted that eCommerce is one significant part of E-business.
In today’s technology driven world, it can be hard to determine which business is completely in the form of E-business. Sometimes the major difference between E-business and standard business can be defined by evaluating how business activities are being conducted.
The selection of the right business model is mandatory for achieving success. Now that you have got familiar with both these models you can move ahead with your project.
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