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Have you ever wondered what e-commerce is or what the exact meaning of the term was? What differences are there between this term and other similar ones?
Surely you have since online business is more popular than ever. However, despite its spread, a lot of people still don’t really know what it is.
For this reason, this post’s objective is to explain the exact definition of e-commerce, how it differs from similar terms, the different types that exist, and its advantages compared to traditional businesses.
Are you ready to learn everything you need to know about electronic commerce?
Let’s do it.
The concept of e-commerce: what is
E-commerce or electronic commerce is, according to the definition of Wikipedia is…
A system for the buying and selling of goods and services using the Internet as the main means of exchange.
In other words, it is a business that electronically manages both the collections and payments.
Differences between e-commerce and e-business
E-commerce is often confused with e-business, although they have nothing to do with one another.
E-commerce only refers to the goods and services transaction between a seller and a consumer, whereas e-business refers to the complete process necessary to manage an online business.
Within e-business we can find, for example:The e-business concept is wider than the e-commerce one and e-commerce is actually a part of e-business since it is a type of business model.
Publisehed in: Easy-Guides 06-2020