2. 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.
5. 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.
6. 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
7. 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
8.
9. 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.
11. 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.
12.
13. 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.