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What Is the Distinction Between E-Commerce and E-Enterprise?
Shopping online has been gaining popularity for the reason that unlucky emergent of the 'Coronavirus' or 'Covid-19' pandemic and the following lockdown that's happening worldwide. Owing to this, most individuals need to conduct their shopping or enterprise on-line using their computers or smartphones with Internet connection from the place they are. Thankabsolutely, this has been made doable by in style networks known as E-Commerce and E-Business.
Most people are of the opinion that these phrases imply the same. In truth, they are not, but are intently 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 buying of products via a web based store. Unlike a "brick and mortar" store, there is no face to face interfacing between the seller and the buyer 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 electronic transactions of products or providers that take place between two companies.
2. Business to Consumer (B2C)
This refers to any type of electronic transactions of products or companies 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 mostly more dynamic and simply conducted. With the setting up of many online stores, B2C has elevated very significantly over the past couple of months due to the lockdown. You can now easily find just about any type of online store and in any niche you need over the Internet. They sell all kinds of physical products such as books, gadgets, clothes, tools, accessories, etc. and digital products reminiscent of 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 normally cheaper too, even with shipping cost. Another plus point is most on-line stores will even supply 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. Typically, this can take place with the assistance of a third-party, as an 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 shopper or user creates a product or provides a service that a enterprise or firm uses to enrich its enterprise set-up, to enhance its enterprise image or to gain advantages over its competitors.
For instance, websites similar to Fiverr, Upwork, etc. where their freelancers provide their providers like website or logo creations, and any enterprise can use their services if they want.
5. Business to Administration (B2A)
This refers to any type of transactions that are conducted between enterprise and authorities by the Internet. It contains many various types of services, similar 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 example, 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 carried out with using the Internet, Extranet, Intranet and website. In this sense, E-Enterprise is a bit much like E-Commerce, but it's more than just selling and buying products or companies online.
Essentially, E-Enterprise encompasses a wider range of enterprise processes, equivalent to digital ordering and processing, buyer relationship administration, provide chain administration, etc. Generally, E-Commerce might be construed as a part of E-Business.
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