What Is the Distinction Between E-Commerce and E-Enterprise?
Shopping on-line has been gaining commonity for the reason that unlucky emergent of the 'Coronavirus' or 'Covid-19' pandemic and the ensuing lockdown that is happening worldwide. Owing to this, most individuals should conduct their shopping or enterprise on-line using their computers or smartphones with Internet connection from where they are. Thankabsolutely, this has been made possible by two widespread networks known as E-Commerce and E-Business.
Most individuals are of the opinion that these two terms imply the same. In truth, they aren't, but are carefully associated 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 buying of products by 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 customer in order for the transaction to take place.
Some E-Commerce models are as follows:
1. Business to Business (B2B)
This refers to any type of digital transactions of products or companies that take place between two companies.
2. Enterprise 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 elevated very significantly over the last couple of months as a result of lockdown. You can now easily find just about any type of on-line store and in any niche you want over the Internet. They sell all kinds of physical products such as books, gadgets, garments, tools, accessories, etc. and digital products akin to e-Books, data, online courses, etc.
Many people are moving toward on-line shopping more than the physical one because it's more convenient, and the prices are usually cheaper too, even with shipping cost. One other plus point is most online stores will even offer free shipping for purchases exceeding a certain amount.
3. Consumer to Consumer (C2C)
This refers to any digital transaction of products or companies between one buyer and another customer. Generally, this can take place with the help of a third-party, for example, Amazon, eBay or Etsy as a marketplace for on-line selling and buying.
4. Consumer to Enterprise (C2B)
Consumer to business is a type of business model where the customer or person creates a product or provides a service that a enterprise or company uses to enhance its business set-up, to reinforce its enterprise image or to gain advantages over its competitors.
For instance, websites similar to Fiverr, Upwork, etc. where their freelancers supply their providers like website or brand creations, and any enterprise can use their companies if they want.
5. Enterprise to Administration (B2A)
This refers to any type of transactions which might be performed between enterprise and authorities through the Internet. It contains many various types of companies, corresponding to fiscal, social security, employments, legal paperwork, 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, training, health, social security, etc.
Definition of E-Business
The time period E-Enterprise is an acronym referring to "Digital Enterprise," and its business is performed with using 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 buying products or companies online.
Essentially, E-Enterprise encompasses a wider range of enterprise processes, comparable to digital ordering and processing, customer relationship administration, supply chain management, etc. Typically, E-Commerce can be construed as a part of E-Business.
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