Difference Between E-Commerce and E-Business
While many believe e-commerce and e-business are interchangeable, this is not the case. There are various differences between e-commerce and e-business; for example, e-commerce refers to online transactions, and e-business refers to any business activities and services carried out via the internet.
E-Commerce vs E-Business
Let us now look at the difference between e-commerce and e-business in the table below.
|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.|
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 acquiring 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
Similarity between E-commerce and E-business
As we have understood by now, that e-commerce is different from e-business, but it is a subset of e-business, and there are a few similarities between the two:
- E-commerce and E-business have almost the same business model.
- Both the models will have a Service-oriented Website.
- Both models may focus on customer interaction for their revenue generation.