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Shopping on-line has been gaining popularity because the unlucky emergent of the ‘Coronavirus’ or ‘Covid-19’ pandemic and the ensuing lockdown that’s occurring worldwide. Owing to this, most individuals must conduct their shopping or business on-line utilizing their computers or smartphones with Internet connection from where they are. Thanktotally, this has been made possible by well-liked networks known as E-Commerce and E-Business.

Most people are of the opinion that these two phrases mean the same. In actual fact, they don’t seem to be, however are intently related to one another.

Definition of E-Commerce

The time period E-Commerce, is an acronym referring to “Digital ‘Commerce” and it’s the process of selling and buying of products via an internet store. Unlike a “brick and mortar” store, there is no head to head interfacing between the seller and the customer to ensure that the transaction to take place.

Some E-Commerce models are as follows:

1. Enterprise to Business (B2B)

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

2. Business to Consumer (B2C)

This refers to any type of digital transactions of products or companies that take place between the seller and the customer. By far, this is a quite common type of E-Commerce.

This type of E-Commerce is usually more dynamic and easily conducted. With the setting up of many online stores, B2C has elevated very significantly over the last couple of months due to the lockdown. You can now easily discover 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 corresponding to books, gadgets, clothes, instruments, accessories, etc. and digital products equivalent to e-Books, information, on-line programs, etc.

Many people are moving toward online shopping more than the physical one because it’s more convenient, and the costs are usually cheaper too, even with shipping cost. Another plus level is most online stores will also supply free shipping for purchases exceeding a certain amount.

3. Consumer to Consumer (C2C)

This refers to any electronic transaction of products or companies between one customer and another customer. Usually, this can take place with the help of a third-party, as an illustration, 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 where the customer or consumer creates a product or provides a service that a enterprise or company makes use of to complement its business set-up, to reinforce its business image or to realize advantages over its competitors.

For example, websites comparable to Fiverr, Upwork, etc. where their freelancers offer their providers like website or logo creations, and any business can use their services in the event that they want.

5. Enterprise to Administration (B2A)

This refers to any type of transactions which are carried out between enterprise and government by way of the Internet. It contains many different types of providers, comparable to fiscal, social security, employments, legal documents, etc.

6. Consumer to Administration (C2A)

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

Definition of E-Enterprise

The time period E-Business is an acronym referring to “Electronic Enterprise,” and its business is performed with using the Internet, Extranet, Intranet and website. In this sense, E-Business is a bit just like E-Commerce, but it’s more than just selling and shopping for products or services online.

Essentially, E-Enterprise encompasses a wider range of business processes, equivalent to electronic ordering and processing, buyer relationship administration, provide chain management, etc. Generally, E-Commerce can 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 gives only one particular type of product or service in order to achieve a bigger market share.

2. Bricks and clicks

It’s a business model adopted by merchants that have physical shops and run their business in each online and offline ways. In different words, the merchants provide their clients both and offline and an internet channel to shop.

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

The process of selling and shopping for products over the Internet is solely called E-Commerce. However, E-Business just isn’t confined to just the selling and buying process. Any enterprise that is performed over the Internet is considered as E-Business. As an illustration, the information and communication applied sciences used in upgrading one’s business. Basically, E-Commerce turns into a part of E-Business.

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