What is e-commerce? How does it differ from e-business?

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Ecommerce

  • Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.
  • Examples of E-Commerce are online retailers like Amazon, Flipkart, Myntra, Paytm mall, seller 

Activities of E-Commerce are:

  • Buying and selling products online
  • Online ticketing Online Payment
  • Paying different taxes
  • Online accounting software Online customer support

The difference between E-commerce and E-business are as follows:- 

E-commerce

  • The trading of merchandise, over the internet, is known as E-commerce.
  • E-Commerce is a narrow concept and it is considered a subset of E-Business.
  •  Commercial transactions are carried out in e-commerce.
  • In e-commerce transactions are limited.
  • It involves mandatory use of the internet.
  • E-commerce is more appropriate in the Business to Customer (B2C) context.


E-Business

  • Running a business using the internet is known as E-business.
  • E-Business is a broad concept and it is considered a superset of E-Commerce.
  • Business transactions are carried out in e-business.
  • In e-business transactions are not limited.
  • It involves the use of the internet, intranet, or extranet.
  • E-business is more appropriate in the Business to Business (B2B) context.


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