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What is E-Business? Differentiate it with E-Commerce.
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written 2.7 years ago by |
E-Business :- Electronic Business, shortly known as e-business, is the online presence of business. It can also be defined as the business which is done with the help of internet or electronic data interchange i.e. is known as E-business. E-commerce is one of the important components of e-business, but it is not an essential part.
There are two types of e-business, which are:
Pure-Play: The business which is having an electronic existence only. Example: Hotels.com
Brick and Click: The business model, in which the business exists both in online i.e. electronic and offline i.e. physical mode.
E-Commerce | E-Business |
---|---|
Trading of merchandise, over the internet is known as E-commerce. | Running business using the internet is known as E-business. |
Carrying out commercial transactions online | Conducts all kinds of business activities and services over the internet |
Buying/ selling, monetary transactions online | Online presence of the business |
A sub-set of E-Business, it is also a narrow concept | A super-set of E-Commerce. Business transactions are supported in E-Business |
Transactions are limited | Transactions are not limited |
Involves use of only one website | Multiple websites and CRMs, ERPs that connect different business processes are used |
E-commerce is narrower concept and restricted to buying and selling. | It is a broader concept that involves market surveying, supply chain and logistics management and using data mining. |
Mandatory use of internet | Internet, Intranet or Extranet are used |
It is more appropriate in B2C context. | It is used in the context of B2B transactions. |
Also cover external or outward business processes | Covers internal as well as external business activities or processes |
Example: Buying of pen drive from Amazon.com, alibaba.com is considered ecommerce | Example: Using of internet by dell, Amazon for maintaining business processes like. Online customer support, email marketing supply chain management. |