What is e-business (Electronic business)?

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e-business and e-business features

E-business or Online Business is any quiet business or commercial transaction that has sharing information across the web. Commerce constitutes the exchange of products and services between businesses, groups, and individuals and might be seen joined of the necessary activities of any business.

E-business and its types

  • Consumer-to-Business (C2B)
  • Business-to-Business (B2B)
  • Consumer-to-Consumer (C2C)
  • Business-to-Consumer (B2C)
  • Consumer-to-Administration (C2A)
  • Business-to-Administration (B2A)

Difference Between e-commerce and e-business

e-commerce is the main part of e-business. It may be said that e-commerce is e-business websites, but e-business isn’t necessarily e-commerce. the previous is simply the web presence of the standard commerce and also the same is that the case with the latter. At present most businesses doing e-business just to capture the utmost part of the market. Some e-commerce websites have emerged in the previous few years that are vanishing the market traditional commercial business, like eBay, Amazon, Flipkart, etc.

E-business features

  • Features of Online Business
  • Online business receive subsidies from the government
  • The transaction risk is higher than traditional business
  • It is easy to set up
  • There is no physical location
  • Much cheaper than traditional business
  • There are flexible business hours
  • Marketing strategies cost less
  • There are a few security and integrity issues
  • There is no personal touch
  • Buyer and seller usually not meet
  • Delivering of products will take some time
  • There are some transactional risk
  • Anyone willing to buy anything from anywhere at anytime

e-Commerce Vs e-Business: Difference between them with definition, types & comparison chart

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