How does e business differ from e commerce
Check Out: Business Management Courses. The structure of an E-Commerce enterprise is more extensive than E-Business since the former essentially requires an integrative website to sell their goods and services. On the other hand, an online business not only needs an online website but also has to set up customer relationship management, enterprise resource planning, sales and marketing departments amongst others.
Another chief point of difference between E Commerce and E Business is that an e-commerce website only utilises the internet for its transcations while online businesses make use of the internet, intranet as well as extranet to establish a stronger connection with their parties.
While in simple terms, both e-commerce and e-business formulate an online and digital approach, they also differ as per their approach in terms of their business models if we go into their specifications.
To establish an e-commerce website, one will need a new or additional business model to carry out online sales and services. Whereas an e-business can potentially reinvent a traditionally run offline business into an online one without relatively working on a new business model. Take a look at the table below which summarizes the key points of difference between E Commerce and E Business:. Here is a list of popular courses in these two domains for those wanting to explore these two emerging fields:.
Hopefully, this blog helped you understand the integral points of difference between E Commerce and E Business. Planning to study a course in E-Commerce and E-Business? Take the assistance of our experts at Leverage Edu by signing up for an e-meeting with us and we will guide you in selecting the right programme and university that aligns with your interests and career goals!
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Types What is E-business? Leave a Reply Cancel reply Your email address will not be published. Take the first step today. You May Also Like. The author accepts no responsibility for any consequences whatsoever arising from the use of such information. Chamber of Commerce introducing small business relief grants Starting April 20, small businesses in need of short-term financial relief can turn to the….
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Shopify Profit Calculator. Get the app for FREE! Try Now. Interested in a business loan? Check if you qualify. To get access to the full article answer 2 quick questions: Get the full article right now! Your response is anonymous and secure. Just fill in your email address. Sometimes the difference between a standard business and an e-business is just a matter of how business is conducted. For example, if you are an advisory firm helping people choose the right furniture, then you are a business, but if you run a website where people can compare furniture options, then you are an e-business.
Compared to e-business, the definition of e-commerce is clearer. In its basic form, it involves placing orders and making payments online. E-commerce comes in multiple forms. In business-to-consumer B2C e-commerce , a business sells goods and services to consumers through its website.
Many brick-and-mortar retailers have adapted to the popularity of e-commerce, and they now conduct sales through their websites as well as in their stores. E-commerce sales can include every element of a sale: ordering a product, paying for a product, and having it delivered. It might also involve only part of the process. For example, a customer might order a product online to be picked up at the store. Payment might be conducted online or at the store when the item is picked up.
Either way, the transaction still involved an element of e-commerce. Many businesses also sell through virtual marketplaces in addition to their own websites. For example, a popular brand like Nike will sell shoes from its website, as well as through an online retailer like Amazon. Whether you buy it from Nike's website or Amazon's, the transaction is still an example of e-commerce.
While the average consumer might not realize it, much of the e-commerce that takes place around the world involves B2B relationships.