How to Start an ebusiness is one of the basic questions every wanna be ebusiness man asks to himself. But before starting it try to understand the terminologies and the similarities in it. The term e-commerce and e-business may sound same but technically they are different.
In both the cases the letter ‘e’ indicates electronic which includes internet and EDI (electronic data interchange) to improve business processes.
Ecommerce is narrower than ebusiness. It is a subset of ebusiness. Whereas Ebusiness is very broader, it refers to using of the internet technologies to conduct business which in return provides the great impact in the overall business process.
Ecommerce refers to the using of internet for Online Shopping i.e. to buy a product or service. For Example: Ecommerce occurs when a customer orders a ticket or book or gifts or any tangible or intangible product through internet. It occurs when an organization or individual pay money to another organization or individual via internet.
The term Ebusiness is covers all the areas of business. Ebusiness occurs when a company or individual communicate with their clients or customers or suppliers through email. Marketing done through Internet, Sell Products or Services through internet, Use internet to conduct market research, use internet to hire people, use internet for product or service promotion etc.
Lastly i'd like to conclude be it E-commerce or E-business the word 'e' will eventually disappear and in future ebusines will have great competition, accomodate your self in the right place before the crowd falls in.
Recommended Reading:
eBusiness & eCommerce: Management der digitalen Wertschöpfungskette
e-Business Intelligence: Turning Information into Knowledge into Profit
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