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What Is the Distinction Between E-Commerce and E-Enterprise?

 

Shopping online has been gaining well-likedity for the reason that unlucky emergent of the 'Coronavirus' or 'Covid-19' pandemic and the following lockdown that is occurring worldwide. Owing to this, most people need to conduct their shopping or business on-line using their computer systems or smartphones with Internet connection from where they are. Thanktotally, this has been made potential by two in style networks known as E-Commerce and E-Business.

 

 

Most individuals are of the opinion that these terms mean the same. In fact, they don't seem to be, however are closely related to one another.

 

 

Definition of E-Commerce

 

 

The term E-Commerce, is an acronym referring to "Digital 'Commerce" and it's the process of selling and buying of products by an internet store. Unlike a "brick and mortar" store, there is no such thing as a face to face interfacing between the seller and the buyer to ensure that the transaction to take place.

 

 

Some E-Commerce models are as follows:

 

 

1. Business to Enterprise (B2B)

 

 

This refers to any type of digital transactions of products or services that take place between two companies.

 

 

2. Enterprise to Consumer (B2C)

 

 

This refers to any type of digital transactions of products or services 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 easily conducted. With the setting up of many online stores, B2C has increased very significantly during the last couple of months as a result of lockdown. You can now simply find just about any type of on-line store and in any area of interest you need over the Internet. They sell all kinds of physical products similar to books, gadgets, garments, tools, accessories, etc. and digital products comparable to e-Books, information, on-line courses, etc.

 

 

Many individuals are moving toward online shopping more than the physical one because it's more convenient, and the prices are usually cheaper too, even with shipping cost. One other plus level is most on-line stores will also provide free shipping for purchases exceeding a certain amount.

 

 

3. Consumer to Consumer (C2C)

 

 

This refers to any electronic transaction of products or providers between one buyer and another customer. Usually, this can take place with the help of a third-party, for instance, Amazon, eBay or Etsy as a marketplace for online selling and buying.

 

 

4. Consumer to Enterprise (C2B)

 

 

Consumer to business is a type of business model the place the shopper or consumer creates a product or provides a service that a business or company makes use of to enhance its business set-up, to boost its enterprise image or to realize advantages over its competitors.

 

 

For example, websites reminiscent of Fiverr, Upwork, etc. the place their freelancers offer their providers like website or brand creations, and any enterprise can use their services in the event that they want.

 

 

5. Business to Administration (B2A)

 

 

This refers to any type of transactions which are conducted between business and government by means of the Internet. It consists of many various types of providers, corresponding to fiscal, social security, employments, authorized paperwork, etc.

 

 

6. Consumer to Administration (C2A)

 

 

This refers to any type of transactions that take place between the consumer and the government. For instance, taxes, schooling, health, social security, etc.

 

 

Definition of E-Enterprise

 

 

The term E-Enterprise is an acronym referring to "Digital Business," and its business is carried out with using the Internet, Extranet, Intranet and website. In this sense, E-Business is a bit similar to E-Commerce, but it's more than just selling and buying products or providers online.

 

 

Essentially, E-Enterprise encompasses a wider range of enterprise processes, akin to digital ordering and processing, customer relationship management, supply chain management, etc. Typically, E-Commerce will be construed as a part of E-Business.

 

 

There are types of E-Enterprise models:

 

 

1. Pure play

 

 

This refers to an organization that only operates over the Internet and offers only one particular type of product or service in order to achieve a larger market share.

 

 

2. Bricks and clicks

 

 

It's a business model adopted by merchants which have physical stores and run their enterprise in each on-line and offline ways. In other words, the merchants provide their customers each and offline and a web-based channel to shop.

 

 

How is E-Commerce Totally different from E-Enterprise?

 

 

The process of selling and buying products over the Internet is solely called E-Commerce. Nonetheless, E-Business is not confined to just the selling and buying process. Any enterprise that is carried out over the Internet is considered as E-Business. For example, the information and communication applied sciences utilized in upgrading one's business. Basically, E-Commerce becomes a part of E-Business.

 

 

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