What Is The Difference Between eCommerce And eBusiness?
Some technical people use the terms eCommerce and eBusiness interchangeably, but it should be noted that there are not synonymous. Simply saying, eCommerce refers to buying and selling, while eBusiness is a combination of all businesses that are conducted online. In the present era, information and technology are evolving at a higher pace, and internet shopping has become a daily routine for every person. Through the advent of eCommerce and eBusiness, the commercial business sector is booming with online businesses. Read on the article to know the main differences between eCommerce and eBusiness.
What is eCommerce?
Ecommerce is the selling and buying of goods through the internet worldwide. The online transactions, commercial activities, and transactions conducted over the internet can be treated as an eCommerce business. Internet is the main source for running an eCommerce business, and it requires a website and a particular process is to be followed. Activities of eCommerce include
- Selling or Buying products online
- Online Ticketing
- Online Payments
- Online Customer and accounting software
Some of the major online eCommerce business retailers are Amazon, Walmart, eBay, Apple, and many more.
What is eBusiness?
Performing all business activities through the internet refers to eBusiness, which includes the procurement of raw materials, education of customers, activities related to supply, and other monetary actions. Internet, intranet, extranet are used in e-business. Websites, apps, ERP, CRM, etc., are required for e-business. Some examples of eCommerce businesses are auction sites, software developing sites, and classified sites.
Activities of eBusiness Sites Include
- Online Store setup
- Customer education
- Monetary business transactions
- Supply chain management
- E-mail marketing
The Main Differences Between eCommerce and eBusiness
1. Types of Activities
Both eCommerce and eBusiness use online platforms for performing the activities. The basic activity of eCommerce is buying and selling physical products, while eBusiness refers to any activity that is conducted using an online platform. Still, the major difference is that eCommerce concentrates on commercial transactions while eBusiness refers to business activities performed on online platforms.
2. Mode of Approach
The approach of eCommerce comprises suppliers, retailers, distributors, and consumers. The online business approach includes the external and internal processes for conducting the operations through all the online platforms.
3. Basic Structure
For selling and buying goods, an eCommerce enterprise requires an integrative website. On the other hand, eBusiness requires a website and needs to have a customer relationship management setup for selling the services or goods.
4. Internet Usage
Both eCommerce and eBusiness need the internet for conducting their operations, while eBusiness uses intranet services to establish a stronger connection with the consumers.
5. Appropriate Business Models
eCommerce is more appropriate to business to consumer context while eBusiness is appropriate to business to the business model.
Conclusion
As per the above definitions, eCommerce can be seen as the major part of eBusiness. In the present scenario, most companies are starting their eCommerce websites to increase sales and maintain a relationship with the consumers. If you are the owner of a business looking to start an online store or eCommerce website, you need to take the help of an experienced eCommerce website developer. At Ayatas Technologies, we have a top-notch team of eCommerce experts versed with the latest technologies and platforms to deliver a robust online store for your business. Contact us for more information.