If you’re new to the world of business, there are many aspects about it that can seem very confusing. One of the most important distinctions between business jargon for you to know is the difference between “e-commerce” and “e trading.” E-commerce refers to businesses that operate primarily online. These stores sell products through websites, social media platforms, and other internet-based platforms.
E-commerce is becoming increasingly popular because of its convenience– consumers do not have to leave their homes or wait in line at brick-and-mortar stores. On the other side, e business operates mainly offline. An example of an e business would be a restaurant where customers order food through an app on their phone. There are many ways in which these two types of trading differ, but they both play a big role in modern society.
What is E-commerce?
E-commerce, or electronic commerce, is the act or process of buying and selling goods and services over the internet. More than $4 billion worth of sales are made on Amazon each day.
What is E Business?
E-business is a form of businesses that are primarily offline. This type of business relies on technology to live, but does not rely on it as much as e-commerce.
For example, ordering food through an app on their online app is considered e-commerce. But if you order food from a restaurant that does not have an app or website, then the restaurant would be considered an e-business.
One other key feature of this type of trading is its reliance on brick and mortar establishments. E-businesses tend to use these establishments for functions like storage and distribution. These functions are crucial because without them, the store would be unable to function properly.
Similarities and Differences
Both types of businesses sell products or services
Both types of businesses have a website
E commerce businesses operate primarily online, while e business operates mainly offline
E commerce companies sell products through websites, social media platforms, and other internet based platforms. E business on the other hand sells products through brick and mortar stores and an app.
A web-based business that sells goods or services to consumers who are not physically present.
An eCommerce site is more than just a store, it is a platform for selling, distributing, and marketing your products. Ecommerce is more than just selling products online, it is about selling your brand.