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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. Ecommerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.

What is E-Business?

E-Business isn’t limited to just buying and selling activities. All the business activities that conducted via the internet will be considered as E-Businesses. For example, the information and computing technologies used to enhance one’s business.

Difference between E-Commerce and E-business

 

Comparison Chart

Basis	E-Commerce	E-Business
Function	people make transactions by buying and selling of goods and services on the internet	The business is done on the internet
Types	Includes b2b, b2c, c2c and c2b	Pure-play and brick and click
Requirement	Requires the use of website for representing the business	Involves relationship building with customers, suppliers and distributors through CRM, Website.
Transaction	Limited monetary transactions	Unlimited monetary transactions

 

Types of E-Commerce

E-Commerce has following types

·         B2B (Business to Business)

·         B2C(Business to Consumer)

·         C2C(Consumer to Consumer)

·         C2B(Consumer to Business)

 

·         B2B(Business To Business E-Commerce)

 

Business-to-business (B2B) e-commerce refers to the electronic exchange of products, services or information between businesses rather than between businesses and consumers. Examples include online directories and product and supply exchange websites that allow businesses to search for products, services and information and to initiate transactions through e-procurement interfaces.

 

 

 

·         B2C(Business To Consumer E-Commerce)

 

Business-to-consumer (B2C) is the retail part of e-commerce on the internet. It is when businesses sell products, services or information directly to consumers. The term was popular during the dot-com boom of the late 1990s, when online retailers and sellers of goods were a novelty.

 

·         C2C(Consumer to Consumer E-Commerce)

 

Consumer-to-consumer (C2C) is a type of e-commerce in which consumer’s trade products, services and information with each other online. These transactions are generally conducted through a third party that provides an online platform on which the transactions are carried out.

 

·         C2B(Consumer to Business E-Commerce)

 

Consumer-to-business (C2B) is a type of e-commerce in which consumers make their products and services available online for companies to bid on and purchase. This is the opposite of the traditional commerce model of B2C.

A popular example of a C2B platform is a market that sells royalty-free photographs, images, media and design elements, such as iStock. Another example would be a job board.