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Online shopping has become more popular after the unlucky appearance of the Covid-19 pandemic. Also, the consequent lockdown took place worldwide. Because of this, most customers are still doing their online shopping or conducting business on their smartphones or computers that have an Internet connection no matter where they are. Now, people can do it thanks to two of the most popular networks: E-Commerce and E-Business.
Many people believe that these two terms are the same thing. However, they aren’t, and they are connected.
Definition of E-commerce
The term E-Commerce is a short form of “Electronic Commerce”, and it’s the act of buying and selling items through an internet-based store. In contrast to the traditional “brick and mortar” store, which used to be physically located, there is no interaction between the vendor and buyer to allow the transaction to be completed.
Definition of E-Business
The term “E-Business” is the short-form version of “Electronic Business,” and the business process is carried out through the help of the Internet and Ethernet. In this way, people can access the Intranet and a website. In this regard, E-Business is a bit like E-Commerce. However, it’s much more than selling and purchasing services or products online.
In essence, E-Business encompasses various business processes, including electronic ordering and processing, customer relationship management, supply chain management, etc. In general, E-Commerce can be interpreted as E-Business.
What Is E-commerce Different From E-business?
The act of buying and selling products on the Internet is called E-Commerce. However, E-Business don’t have limitations to the buying and selling processes. Every business that operates on the Internet means it’s an E-Business. It includes the communications and information technologies used to improve the efficiency of a business. In general, E-Commerce has become a part of E-Business.
- Every E-Business doesn’t need a physical presence in the business world.
- Suppose a company is able to have an office in addition to its physical presence and carry out its business operations on the Internet. In that case, you can describe it as E-Commerce.
- E-Commerce is a type of business transaction that involves money.
- However, E-Business also involves funds and supporting activities.
- E-Commerce requires the Internet for the ability to conduct business internationally.
- Additionally, E-Business makes more use of the Internet. For example, it uses an Intranet and an extranet to communicate with business associates.
