Difference between E-Commerce and E-Business with an Example
Nowadays, no one is interested in going to the market to buy and sell their products. Now people just place an order through the internet, and their product is directly delivered to their home. In this topic, we are going to cover what e-commerce is, what e-business is and what the difference is between e-commerce and e-business.
What is E-Commerce?
E-commerce means Electronic commerce. E-commerce is defined as the selling, buying, ordering, and conducting transactions online of products or goods with the help of the internet or web. With the use of e-commerce, the buyer can directly be made the payment of the order to the seller without any problem. Some example of e-commerce is online ticket booking, online ordering, online recharge, online banking, social networking, etc.
To start e-commerce, we first need to make a website for the e-commerce. So the website is the essential requirement to start e-commerce online. With the help of the website, we can add some features to our e-commerce, like selling, marketing, conducting online transactions, etc. Any monetary transaction made with the help of the internet is also known as e-commerce.
E-commerce is divided into the following types:
- B2B(Business to business)
- B2C(Business to customer)
- C2C(Customer to customer)
- C2B(Customer to business)
Now we are going to describe the above one by one.
1. B2B (Business to business)
In this e-commerce, the buying and selling of goods or products are done between two business companies. This type of e-commerce is known as B2B (Business to business).
Example- Oracle, Qualcomm, Alibaba, etc.
2. B2C (Business to customer)
In this e-commerce, the buying and selling of goods or products are done between business and customer. This type of e-commerce is known as B2C (Business to customer).
Example- Dell, Intel, etc.
3. C2C (Customer to customer)
In this e-commerce, the buying and selling of goods or products are done between two customers. This type of e-commerce is known as C2C (Customer to customer).
Example- OLX
4. C2B (Customer to business)
In this e-commerce, the buying and selling of goods or products are done between the customer to the business. This type of e-commerce is called C2B(Customer to Business).
What is E-Business?
E-business means electronic business. E-business is defined as doing business with the help internet. Here the main crucial component of e-business is e-commerce, but e-commerce is not essential for e-business. The ordering, billing, and buying are not processed by the e-business. With the help of e-business, we can perform the other extra work of business like communicating with the customer. The business partner also shares with the company through the use of e-business. All the essential operations of the business are done by the e-business. E-businesses are of two types. These are the followings-
1- Pure Play.
2- Blick and Click.
1- Pure-Play
This type of business is only present online.
Example- hotel.com
2- Blick and Click
This type of business is present both online and offline.
Example- Flipkart.com, Amazon.com, etc.
E-commerce vs. E-business in Tabular Format
E-commerce | E-business |
E-commerce means Electronic commerce. | E-business means Electronic business. |
E-commerce is defined as the selling, buying, ordering, and conducting transactions online of products or goods with the help of the internet or web. | E-business is defined as doing business with the help internet. |
E-commerce is used as the subset of E-business. | E-business is used as the superset of E-commerce. |
Commercial transactions are performed by e-commerce. | Business transactions are performed by e-business. |
The performance of e-commerce is limited. | The performance of e-business is not limited. |
A website is needed to run the e-commerce. | CRM, ERP, and different websites are needed to run the business online. |
The most used type of e-commerce is B2C(Business to customer). | The most used type of e-business is Business to Business (B2B). |
External or outward business is performed by e-commerce. | Both External and outward business is performed by e-business. |
Conclusion
The central part of e-business is e-commerce. In another way, it is also said that the website for e-business is e-commerce. Nowadays, most companies run their business online to cover the maximum area. Some e-commerce websites have worked for the last few years that take the market traditional commercial business, like Flipkart, Amazon, eBay, etc.