Difference between E-Commerce and E-Business, business processes
Amazing people use these two terms, eCommerce and e-business, reciprocally. Indeed, they are both E-Commerce and E-Business, leading to business processes that are carried electronically.
However, there are a couple of things that differ between the E-Commerce and E-Business, and if you require to use them correctly, you should keep reading. Today we are going to find out what is the difference between eCommerce and business and offer some information on this matter.
Table of Contents
What is E-Commerce
Ecommerce is the word used for any business that is performed over a computer-mediated network. Moreover, it needs to involve the transfer of title ownership or rights to accept goods or services.
The transactions don’t certainly need to introduce a price. Moreover, this also relates to sales and items such as free downloads. The network through which you can do e-commerce can be anything from the internet, intranet, extranet, or WWW (world wide web) to email or fax.
What is E-Business
E-business is a very comprehensive concept that includes a business organization to use electronic mediums to carry out all specialized or overall business activities. In e-business, information and computing technologies are used to enhance one’s business. It involves any manner that a business organization conducts over the electronic and computer-enabled network.
E-business settlements with recruiting, training employees, and sharing any internal information to enhance the business processes. In e-commerce, data and computing technologies are used in inter-business and intra-business transactions and business to customer transactions.
There are different types of Ecommerce are available.
- B2B (Business-to-Business)
- B2C (Business-to-customer)
- C2C (Consumer-to-consumer)
- B2G (Business-to-government)
- C2B (Consumer-to-business)
- M-Commerce (Mobile commerce)
- P2P (Peer-to-peer)
Strategy of E-Business
According to Ohio State University, its a public research university in Columbus, Ohio, e-business would operate for any business, since it relates to the whole business cycle, beginning from production, distribution, procurement, sales, fulfillment, payment to restocking and marketing. When it proceeds to strategy, things can get a few complex, since this relies on 4 planning directions.
- Vertically – Website front/back-end operations;
- Laterally – Customers, business partners, suppliers;
- Horizontally –E-commerce and consumer relationships, supply planning and supply-chain management;
- Downward – Integrate innovative technologies, business methods.
The difference between E-Commerce and E-Business
Example: Some specialists examine when business is thoroughly carried on through an electronic medium, it may be pointed to as e-business. E-business does not have a physical appearance in a market. When a business organization physically owns an office and, along with its physical presence, carries out a business transaction over the internet, it may be referred to as e-commerce.
Amazon (Amazon.com) and Walmart (Walmart.com) are considered to be the world’s two most significant e-business units. When techgogoal Stores, along with its physical presence, sell Gadgets through its web site (techgogoal.com), then it may be referred to as e-commerce.
So what is the difference between eCommerce and business? Possibly the most important one is the fact that eCommerce is a subset of the company.
Moreover, it’s concerned with the transactions done online, while business concentrates on the business processes. You can also assume that e-commerce relies on buying and selling. Meanwhile, the business also focuses on the exchange of information related to buying and selling.
With e-commerce, you only need to use a website. However, with business, a business owner also requires to use CRMs and ERPs that connect the various processes in a company.
Once again, e-commerce includes the outward-facing processes, while the business is involved with the internal ones. Another thing you should know is the fact that e-commerce is a more theoretical concept, while business is a broader one.