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What Is The Distinction Between E-Commerce And E-Enterprise?

What Is The Distinction Between E-Commerce And E-Enterprise?

Shopping on-line has been gaining fashionableity because the unfortunate emergent of the 'Coronavirus' or 'Covid-19' pandemic and the following lockdown that is occurring worldwide. Owing to this, most individuals should conduct their shopping or business online utilizing their computers or smartphones with Internet connection from the place they are. Thankfully, this has been made doable by two fashionable networks known as E-Commerce and E-Business.

Most individuals are of the opinion that these phrases mean the same. Actually, they aren't, but are intently 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 a web based store. Unlike a "brick and mortar" store, there is no face to face interfacing between the seller and the client in order for the transaction to take place.

Some E-Commerce models are as follows:

1. Business to Business (B2B)

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

2. Enterprise to Consumer (B2C)

This refers to any type of electronic transactions of products or services 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 on-line stores, B2C has increased very significantly over the last couple of months due to the lockdown. Now you can easily discover just about any type of on-line store and in any area of interest you want over the Internet. They sell all kinds of physical products equivalent to books, gadgets, garments, tools, accessories, etc. and digital products corresponding to e-Books, data, on-line courses, etc.

Many individuals 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 on-line stores will even offer free shipping for purchases exceeding a certain amount.

3. Consumer to Consumer (C2C)

This refers to any digital transaction of products or companies between one customer and another customer. Generally, this can take place with the help of a third-party, as an illustration, Amazon, eBay or Etsy as a marketplace for on-line selling and buying.

4. Consumer to Enterprise (C2B)

Consumer to business is a type of business model the place the customer or user creates a product or provides a service that a business or firm makes use of to enrich its business set-up, to boost its business image or to realize advantages over its competitors.

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

5. Business to Administration (B2A)

This refers to any type of transactions that are carried out between enterprise and authorities through the Internet. It contains many different types of providers, reminiscent of fiscal, social security, employments, authorized documents, 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, training, health, social security, etc.

Definition of E-Enterprise

The time period E-Enterprise is an acronym referring to "Digital Enterprise," and its enterprise is carried out with the use of the Internet, Extranet, Intranet and website. In this sense, E-Business is a bit much like E-Commerce, but it's more than just selling and shopping for products or providers online.

Essentially, E-Enterprise encompasses a wider range of business processes, resembling electronic ordering and processing, buyer relationship administration, provide chain administration, etc. Usually, E-Commerce could be construed as a part of E-Business.

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