Learning Main Difference between E-Business and E-Commerce Solutions

If you are an entrepreneur or starting your own business then you must know the difference e-business and e-commerce solutions. Some people also confuse these terms and think of them as synonymous to each other. For this reason let us explain these terms separately.

What is E-commerce?

The term E-commerce stands for electronic commerce and it includes business activities conducted online or through the internet. In plain and simple words, eCommerce is concerned with online sale and purchase of difference products and services. These transactions always take place automatically.

Every eCommerce websites must have specialized features to accommodate buying and selling in order to facilitate the customers. One such feature is known as “checkout”. This feature is concerned with the website’s ability to accept or reject online orders, and is handled by software known as a shopping cart. Other features of an eCommerce website consists of e-funds transfer, data collection systems, supply chain management, e-data interchange, and inventory management systems.

E-commerce software solutions make use of above mentioned technologies in order to build a fully functional e-Commerce website. Because e-commerce websites are known to be product catalogs, sometimes they are also referred to as virtual malls or virtual storefronts. These virtual malls not only sell tangible products like books, clothes, and mobile phones but intangible products such as music, software and electronic books as well. All these transactions take place through internet.

What is E-Business?

On the other hand, electronic business is an integral part of all e-commerce activities conducted throughout company’s business flow. Just imagine, you have a business, and after sometime you make a key decision to start selling products online, now this change will transform your business into an e-business. As soon as the e-commerce activities become an essential part of any business and their website starts generating huge profits, then they can call themselves an e-business firm.

Features:

E-Business Harder to Maintain as Compared to E-Commerce

An e-business has to maintain its website along with other business functions like product development, human resource, finance, and production of goods etc.

Target More Customers Online Through E-Business

World Wide Web makes it easy for a traditional business to convert into an e-business by capturing more customers through online sales.

Companies Look More Professional

Though the implementation of e-commerce, company can build their profile and look more professional. If a company has a presence online and selling wide range of products through its website, people think of it as legitimate as they can contact the company anytime and ask any questions they want.

Summary

Sometimes people use e-business and e-commerce terms interchangeably, that is why it is important that we need to understand the differences between the two. It is hoped that this article will help you understand the concept of e-business and e-commerce solutions and make it easy for you to decide which one of these you want your company to be known as. If you need help in order to build an e-commerce website, there are many software consultancy firms offering website development and web designing services in affordable rates. They also have expertise in developing e-commerce websites.