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What Is the Difference Between E-Commerce and E-Enterprise?
Shopping online has been gaining standardity because the unfortunate emergent of the 'Coronavirus' or 'Covid-19' pandemic and the following lockdown that is occurring worldwide. Owing to this, most people must conduct their shopping or enterprise on-line utilizing their computers or smartphones with Internet connection from where they are. Thankfully, this has been made possible by two in style networks known as E-Commerce and E-Business.
Most people are of the opinion that these two phrases mean the same. In truth, they are not, however are intently related to one another.
Definition of E-Commerce
The term E-Commerce, is an acronym referring to "Electronic 'Commerce" and it's the process of selling and shopping for of products by way of a web based store. Unlike a "brick and mortar" store, there is no such thing as 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 Business (B2B)
This refers to any type of digital transactions of products or providers that take place between two companies.
2. Enterprise to Consumer (B2C)
This refers to any type of digital transactions of products or companies that take place between the seller and the customer. By far, this is a quite common type of E-Commerce.
This type of E-Commerce is usually more dynamic and simply conducted. With the setting up of many on-line stores, B2C has elevated very significantly over the last couple of months due to the lockdown. You can now easily discover just about any type of on-line store and in any niche you want over the Internet. They sell all kinds of physical products reminiscent of books, gadgets, clothes, tools, accessories, etc. and digital products reminiscent of e-Books, info, on-line courses, etc.
Many people are moving toward online shopping more than the physical one because it's more handy, and the prices are usually cheaper too, even with shipping cost. Another plus point is most online stores will even offer free shipping for purchases exceeding a sure amount.
3. Consumer to Consumer (C2C)
This refers to any digital transaction of products or providers between one buyer and another customer. Usually, this can take place with the assistance of a third-party, for instance, Amazon, eBay or Etsy as a marketplace for on-line selling and buying.
4. Consumer to Business (C2B)
Consumer to business is a type of business model the place the client or person creates a product or provides a service that a business or firm makes use of to enhance its enterprise set-up, to reinforce its enterprise image or to achieve advantages over its competitors.
As an illustration, websites akin to Fiverr, Upwork, etc. the place their freelancers provide their services like website or emblem 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 by means of the Internet. It contains many various types of companies, reminiscent of 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, training, health, social security, etc.
Definition of E-Business
The time period E-Enterprise is an acronym referring to "Electronic Enterprise," and its business is performed with the usage of the Internet, Extranet, Intranet and website. In this sense, E-Enterprise is a bit just like E-Commerce, but it's more than just selling and shopping for products or services online.
Essentially, E-Enterprise encompasses a wider range of business processes, similar to digital ordering and processing, customer relationship administration, supply chain administration, etc. Usually, E-Commerce could be construed as a part of E-Business.
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