Generally, the e-commerce Electronic Business (E-Business) is the administration of conducting any business using internet, extranet, web and intranet. business-to-business (B2B) e-commerce.2 The increase in B2C sales is particularly evident in online sales of medical supplies, household essentials and food products. The cost incurred on middlemen is eliminated in e-commerce as there is a direct link between the business and the customer. Traditional commerce vs E-Commerce. E-BUSINESS VERSUS E-COMMERCE E-business E-commerce 1)It has a broader meaning. Types of e-business models: * E-business (electronic business) is the conduct of business processes on the Internet. So that you can point out weakness if any that leads to friction. While in e-business the business is done on the internet. E-Business tidak termasuk transaksi komersial yang melibatkan pertukaran nilai melintasi batas-batas organisasi. The network capacity and spectrum to accommodate the shift to online activities has urgently had to be adapted by both operators and governments. More and more industries are moving their operations via online mode as it is the choice of the consumer.Its prevalence continues to grow and prosper without any signs of slowing down. E-business, similarly to e-commerce, also comes in a variety of forms that make it relevant for companies in a variety of industries. This would include buying and selling of goods or services using commercial transactions conducted electronically along with providing customer or technical support with the help of the internet. E-Commerce Frameworks - E-Commerce, E-Business, E-Life ' 13801 E-Commerce Frameworks Prof. Sheizaf Rafaeli | PowerPoint PPT presentation | free to view e-Commerce empowerment for SMEs - Title: IT education Towards e-commerce Author: Nurlina N. Purbo Last modified by: Nurlina N. Purbo Created Date: 1/9/2001 5:45:44 AM Document presentation format | PowerPoint PPT presentation | free to view Three types of e-commerce are business-to-consumer, consumer-to-consumer, and business-to-business. E-Commerce is an automated process for business transactions so the clerical chances are less due to no human intervention. When we talk about the interaction between the customer and business, in comparison to E-commerce, traditional commerce is more trustful and increases the chances of better business relationship due to face to face interactions. The terms e-business and e-commerce are often used interchangeably. E-Commerce vs E-Business are mostly the same characteristics, but both E-Commerce vs E-Business create an unbelievable impact on common online buying and selling activity without a huge investment. eCommerce, or Electronic Commerce, refers to the activities of buying and selling products and services with the use of electronic systems such as the internet. The technological development has revolutionalized the way people conduct business. 2. When a commercial transaction takes place over electronic network, then it is termed as e-commerce. And using web technology to automate the internal business processes as well. Companies embracing ecommerce marketing strategies are experiencing rapid growth. Similarity: Simply put, both of these definitions refer to online transactions. Anyone with access to a computer or mobile device, an Internet connection, and a means to pay for purchased goods or services can participate in e-commerce. The rapid growth in the electronic commerce over the Internet has fuelled predictions and speculations about what makes a business-to-consumer (B2C) web site effective. E-Business & E-Commerce Finishing Chapter 3 Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. It provides require a utility to both end customer and the product owner who own the business of that specific product. e-Commerce and e-Business Legal and Regulatory Issues for the Information Economy e-Government; ICT and Education Genes, Technology and Policy: An Introduction to Biotechnology These e-primers are also available online at www.eprimers.org. In e-commerce people make transactions by buying and selling of goods and services on the internet. E-commerce is a commercial sector where transactions are possible with the help of internet connection. E-commerce businesses can sell products and services 24 hours a day every day of the week. If not, you could be missing out on the projected $4.8 trillion in retail ecommerce sales projected worldwide for 2021. From a more personal standpoint, this subject was appealing because e-commerce has become an integral part of our lives, especially for my generation. It refers to the process conducting trade over the internet. Secara prinsip, pengertian e-business jauh lebih luas dibandingkan dengan e-commerce bahkan secara filosofis, e-commerce merupakan bagian dari e-business. When electronic medium is used in all the day-to-day activities, then it may be termed as e-business. Traditional commerce. The ability to operate online has made many entities profitable. 1. Indeed, the Nielsen Company (2014) reported that 52% to 63% of millennials (aged between 21 and 34) intend to buy online (p. 13). An e-commerce business model is a strategic plan outlining and defining how an individual or company will conduct electronic trade or Internet commerce (e-commerce). This number is expected to skyrocket to 2.14 billion by 2021. Businesses have gone global and serve customers in countries they didn’t even dream of before. Is your business joining the ecommerce revolution? Actually it is the same difference as between business and commerce: Commerce is a business but business is not only commerce. Thanks For Watching Subscribe to become a part of #Gyanpost Like, Comment, Share and Enjoy the videos. E-BUSINESS VS E-COMMERCE; E-BUSINESS VS E-COMMERCE Definisi E-Business & E-Commerce. Director of e-commerce marketing defined “ E-business is extending any business process from one company to its trading partners. It does not include commercial transactions. Brands can use photos to create the right image of their brands in their consumers’ minds. In 1999, Ford Motor Co. jumped on the e-commerce bandwagon and created a division specifically for e-commerce initiatives, offered direct-from-factory ordering, and hyped fully internet-capable cars of the future. E-commerce (short for electronic commerce) is when commerce meets internet. If you plan on starting or working closely with an internet-based company, you should strive to understand all the ways these two concepts are unique. E- Business vs E- Commerce2.ppt - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. Profit Making. If you continue browsing the site, you agree to the use of cookies on this website. Whatever the product is, you need to increase the e-commerce conversion rate. Contrasting terms are business-to-consumer (B2C) and business-to-government E-commerce can be viewed as a subset of e-business. E-commerce is the part of e-business. a brick-and-mortar store). Pretty easy to grasp, isn’t it? E-Business memungkinkan transaksi dan proses dalam perusahan secara digital, melibatkan sistem informasi di bawah kontrol perusahaan. In 2018, the company experimented with selling a line of smart lighting products in the U.S. through Amazon, but pulled those products from Amazon in the beginning of this year. E-Commerce : Buying and selling of goods and products over the Internet”. E-commerce is very cost effective when compared to traditional commerce. In 2017, there were 1.66 billion online buyers. Traditional-Commerce is a traditional approach to buy goods and services in person which involves face to face dealing. The terms e-commerce and e-business are often misused and interchanged, but it is important to understand the difference. and www.apdip.net. E-Business Basics . The types of e-commerce include b2b, b2c, c2c and c2b while in e-business the types are pure-play and brick and click. Driving to and from a traditional business, viewing the merchandise and talking with salespeople — even the possibility of standing in line waiting to check out — all take up valuable time. E-business is not conducted exclusively online, but rather, uses the power of the internet to enhance a business that is also run offline (i.e. Business Relationship. 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