What is E-Commerce?
E-Commerce is also known as electronic commerce or internet commerce. It is a general platform for buying and selling goods over the internet. E-Commerce necessitates the use of websites and applications (apps). It is mostly linked to the final process of flow means that are linked to the end customer. The major e-commerce sites include Myntra, Flipkart, Amazon, etc.
E-Commerce refers to the process of performing business transactions through the internet, as well as the selling and buying of goods. It also includes financial transactions. The activities related to e-commerce are listed below.
- Purchasing tickets over the internet
- Various taxes to pay
- Payments made over the internet
- Products bought or sold on the internet
- Online Customer Service
- Online Accounting Software
What is E-Business?
E-Business is also referred to as an electronic business. It is an activity for buying and selling products electronically. E-business is the term for doing all types of commercial transactions through the internet. It covers internet-based operations such as the acquisition of raw materials/goods, customer education, supply activities, product purchasing and selling, monetary transactions, and so on. The activities related to e-business are listed below.
- Setup of an online store
- Customer education is essential
- Purchasing and selling goods
- Transactions involving money
- Management of the Supply Chain
- Marketing via e-mail
Difference Between E-Commerce and E-Business
As we have discussed in detail e-commerce-and-e-business in the sections above. Let us now look at the difference between-e-commerce-and-e-business in the table provided below.
E-Commerce vs E-Business | |
E-Commerce | E-Business |
E-Commerce is the practice of conducting business operations and transactions through the internet. | E-Business is the term for doing all types of commercial transactions through the internet. |
It required the use of the internet. | It required the use of the internet, intranet, and extranet. |
It includes limited transactions. | It includes unlimited transactions. |
Outward/external business processes are covered by E-Commerce. | E-Business encompasses both internal and external business processes and activities. |
E-Commerce refers to transactions involving money. | E-Business refers to both monetary and non-monetary operations. |
It refers to buying, selling, and online transactions. | It refers to the online presence of the business. |
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