Difference Between E-Commerce And E-Business

DIFFERENCE BETWEEN E-COMMERCE AND E-BUSINESS E-commerce means buying and selling products or services using an electronic medium. It includes the payment through the internet, processing banking transactions through internet and selling products using the website. E-business means not only setting a website being able to selling the products but also includes fundamental restructuring of the businesses using the technology.

The important differences are as follows.

E-commerce:

• It is a subset of e-business

• E-commerce involves commercial transaction doing over the internet

• E-commerce uses electronic medium for selling and buying products or services

• E-commerce requires a website

• E-commerce mainly covers external processes that includes

• Intranet, internet, extranet can be used in e-business

Example of e-business is: Amazon uses the internet for maintaining business processes like online customer support and email marketing.

HOW THE INTERNET RELEVENT TO E-COMMERCE

People all over the world use the benefit of internet to get connected reliably and cheaply. Internet allows businesses to show and sell their products online to potential customers. Before the introduction of internet companies used private network to transact businesses. But that time e-commerce was expensive because of its installing charges. With the usage of internet e-commerce grow rapidly because of its costs.

HOW THE E-COMMERCE HELPFUL TO CONSUMER

E-commerce allows the customer for faster and open process. E-commerce allows customers to take appropriate decision for purchase. E-commerce helpful to consumers by the following ways

• Wide choices

• Product can be purchased from remote areas

• Allow greater control to

Easy to compare: It is very easy to compare the products in e-commerce. When products are displayed in online, it shows all the specification related with that products and services.

5. Deal and Offer: With every e-commerce business there are more deals and coupons. With major online store we can see the offer up to 80% off.

DISADVANTAGES OF E-COMMERCE

1. Security: The main disadvantage of e-commerce is the security and privacy. While e-commerce is easy and convenient, people are very serious about their personal details and bank details. Most of the websites are reputed. But before make transaction make sure the security of websites.

2. Hidden Costs: In e-commerce people are aware of some hidden costs like shipping charge, handling and taxes. In e-commerce there are possibilities of hidden costs

3. Delay in receiving goods: In e-commerce there is a possibility of delaying the shipment. So before make the e-commerce be prepare about the delay of receiving products.

4. Lack of personal interactions: In e-commerce there is a lack of face to face conversation about the question and concerns of customers. Rules and regulation about the legacy are lot to read and it confuses the customers.

ADVANTAGES OF