E-commerce is one of e-business related to selling items or services. E-businesses are different kinds which includes various sectors like IT, education, finance, Social and more..
E-commerce is a type of site that you can do buy and sell and E-business is any establishment with online presence but not conducting any transactions.
The above explanation is great but sometime people use ecommerce and ebusiness interchangeably. The context its used can also change the meaning sometimes.
Electronic commerce, commonly known as e-commerce, eCommerce or e-comm, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. It is more than just buying and selling products online. It also includes the entire online process of developing, marketing, selling, delivering, servicing and paying for products and services. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction's lifecycle, although it can encompass a wider range of technologies such as e-mail, mobile devices and telephones as well. Thanks to Wikipedia
I totally agree with your friends. e-commerce can be used to sell and provide products or goods. e-business is an area for business such as property, the marketing world.
Ebusiness is a term used to describe businesses run on the Internet, or utilizing Internet technologies to improve the productivity or profitability of a business. In a more general sense, the term may be used to describe any form of electronic business —- that is to say, any business which utilizes a computer. This usage is somewhat archaic, however, and in most contexts ebusiness refers exclusively to Internet businesses. Ecommerce is a form of Ebusiness. Here are some ecommerce type: 1. B2C - stands for Business to Consumer, as the name suggests. It is the model taking businesses and consumers interaction. Online business sells to individuals. The basic concept of this model is to sell the product online to the consumers. B2c is the indirect trade between the company and consumers. It provides direct selling through online. For example: if you want to sell goods and services to customer so that anybody can purchase any products directly from supplier’s website. Directly interact with the customers is the main difference with other business model. As B2B it manages direct relationship with consumers, B2C supply chains normally deal with business that are related to the customer. 2. B2B - stands for Business to Business. It is the largest form of e-commerce involving business of trillions of dollars. In this form, the buyers and sellers are both business entities and do not involve an individual consumer. It is like the manufacturer supplying goods to the retailer or wholesaler. E.g. Dell sells computers and other related accessories online but it is does not manufacture all those products. So, in order to sell those products, it first purchases them from different businesses i.e. the manufacturers of those products. 3. C2C - stands for Consumer to Consumer. It helps the online dealing of goods or services among people. Though there is no major parties needed but the parties will not fulfill the transactions without the program which is supplied by the online market dealer such as eBay. 4. P2P - stands for Peer to Peer. Though it is an e-commerce model but it is more than that. It is a technology in itself which helps people to directly share computer files and computer resources without having to go through a central web server. To use this, both sides need to install the required software so that they can communicate on the common platform. This type of e-commerce has quite low revenue generation, as from the beginning it has been inclined to the free usage due to which it sometimes got entangled in cyber laws. 5. m-Commerce - It refers to the use of mobile devices for conducting the transactions. The mobile device holders can contact each other and can conduct the business. Even the web design and development companies optimize the websites to be viewed correctly on mobile devices. Hope it helps! Cheers, Allyson
E-business can be considered as an umbrella term and e-commerce is a small part of the broader term. In other words, e-commerce is just a subset of e-business.
e-commerce is a type of e-business.... and now we have a bunch of buckets under ecommerce like m-commerce (mobile)
agree and! e-commerce is more about buying/selling online; e-business is doing your business online. and yes - e-commerce is a part of e-business.
I would say they are the same, any business done online is ecommerce in my book. Why confuse it, do we really need sub genres for ecommerce?
E-commerce is buying and selling using an electronic medium. It is accepting credit and payments over the net, doing banking transactions using the Internet, selling commodities or information using the World Wide Web and so on. E-Business in addition to encompassing E-commerce includes both front and back-office applications that form the engine for modern E-commerce.
The business community has realized that in order to maintain the edge in competition, they must establish themselves as an e-business. The question that perplexes one is what the Difference between e business and e commerce is. There are three possibilities that one has to decide what s/he is running. The three possible categories that you might find yourself in are: e-commerce sites, e-business or just a plain simple business.
E -business and e-commerce are terms that are sometimes used interchangeably, and sometimes they're used to differentiate one vendor's product from another. But the terms are different, and that difference matters to today's companies.In both cases, the e stands for "electronic networks" and describes the application of electronic network technology - including Internet and electronic data interchange (EDI) - to improve and change business processes.E-commerce covers outward-facing processes that touch customers, suppliers and external partners, including sales, marketing, order taking, delivery, customer service, purchasing of raw materials and supplies for production and procurement of indirect operating-expense items, such as office supplies. It involves new business models and the potential to gain new revenue or lose some existing revenue to new competitors. It's ambitious but relatively easy to implement because it involves only three types of integration: vertical integration of front-end Web site applications to existing transaction systems; cross-business integration of a company with Web sites of customers, suppliers or intermediaries such as Web-based marketplaces; and integration of technology with modestly redesigned processes for order handling, purchasing or customer service. E-business includes e-commerce but also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources. E-business strategy is more complex, more focused on internal processes, and aimed at cost savings and improvements in efficiency, productivity and cost savings.An e-business strategy is also more difficult to execute, with four directions of integration: vertically, between Web front- and back-end systems; laterally, between a company and its customers, business partners, suppliers or intermediaries; horizontally, among e-commerce, enterprise resource planning (ERP), customer relationship management (CRM), knowledge management and supply-chain management systems; and downward through the enterprise, for integration of new technologies with radically redesigned business processes. But e-business has a higher payoff in the form of more efficient processes, lower costs and potentially greater profits.E-commerce and e-business both address these processes, as well as a technology infrastructure of databases, application servers, security tools, systems management and legacy systems. And both involve the creation of new value chains between a company and its customers and suppliers, as well as within the company itself.