PPT WILL TELL U ABOUT DIFFERENCE BETWEEN E BUSINESS AND E COMMERCE. THIS WILL HELP YOU GUYS IN YOUR ASSIGNMENT.
#RIHANSHU SINGHAL
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Added: Jan 24, 2021
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E-BUSINESS AND E-COMMERCE SUBMITTED BY:- RIHANSHU PRATHAM RIDHI SUBMITTED TO :- Mrs. Ritu Vashistha
E-COMMERCE :- describes the process of buying, selling, transferring, or exchanging products, services, and/or information via computer network, including the internet. E-BUSINESS :- refers to broader defination of EC, not just saying the buying and selling of goods and services, but also servicing customers, collabrating with business partners, conducting E- learning and many more.
E-BUSINESS E-COMMERCE
E-commerce (internet commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. E-commerce is powered by the internet, where customers can access an online store to browse through, and place orders for products or services via their own devices. In the last decade, widespread use of e-commerce platforms such as Amazon and eBay has contributed to substantial growth in online retail. In simple words, we can say E-commerce is a commercial transaction which is happened over the internet.
Types of E-Commerce Models B2B B2C C2C C2B company will sell their goods and/or services directly to the consumer . Eg :- Amazon, Flipkart companies are doing business with each other . Eg :- India Mart, eWorldTrade the consumers are in direct contact with each other. No company is involved . Eg :- Olx, Quickr the consumer provides a good or some service to the company. Eg :- IT freelancer, iStock
ADVANTAGES Cost reduction Store and product listing creation No Geographical Boundaries Faster buying process Affordable advertising and marketing Flexibility for customers Product and price comparison Faster response to buyer/market demands Several payment modes Flexible Business Hours
Online Business or e-business is any kind of Business or commercial transaction that includes sharing information across the internet. E-business refers to the use of Web , Internet , Intranets , extranets or some combination , thereof to conduct business. It consist of buying and selling of product and service over electronic system such as internet and other computer network. It refers to commercial transaction conducted electronically on the internet.It has an extensive impact on the economy. E Business can take place on 2 main platforms: Online storefronts and Online Marketplaces.... Some Example of E-business are Amazon, eBay,Etsy, Fiverr.
DISADVANTAGES Lack of Personal touch Lack of Tactile Experience Need For Internet Access Price and Product comparison IT Security Issues Complexity in Taxation,Regulations and Compliance Credit Card Frauds.
Different Between E-Commerce And E-Business E-Commerce E-commerce is normally involved to work with commercial kind of transaction on internet. Means normal buying and selling product properly through internet. E-commerce is mainly involve in electronic ordering processing for multiple products in case of selling or buying requirement. Defining the e-commerce in proper manner, e-commerce mainly dealing with selling and buying product by end customer through internet. E-Business E-business is mainly superset of e-commerce. It mainly using for conducting business though internet by using e-commerce utility. E-business is mainly involve in varieties kind of business process, like initially order processing through internet, managing chain of supply, etc. E-business is mainly concentrated on verities process, commonly an own business process of a single company, they can offer their product in both approach online and offline .