eBusiness vs. eCommerce What is the Difference?
I’m sure most of my readers are busy people so I will try to keep my introduction to my blog short and to the point. I hope you will come back and visit my website again.
While the words Commerce and Business don’t have much difference in English and in fact are largely interchangeable as nouns describing organized profit-seeking activity, there is a difference between eCommerce and eBusiness. The difference is quite artificial, but different terms do carry different meanings. A “buzz” started when Amazon and Dell first succeeded over the electronic business model in the past. Electronic business transactions involving money are so-called “e-commerce” activities. However, there’s much more to e-business than meets the eye.
Ebusiness goes far beyond ecommerce or buying and selling over the Internet, and deep into the processes and cultures of an enterprise. It is the powerful business environment that is created when you connect critical business systems directly to customers, employees, vendors, and business partners, using Intranets, Extranets, ecommerce technologies, collaborative applications, and the Web.
Some food for thought acronyms that you may want to lookup involving ebusiness are:
- ERP
- CRM
- SCM
- Databases
- Intranets
- Extranets
- eProcurement
- data mining
Simply put, eCommerce is more of buying, reselling, and money exchanges over the internet. eBusiness is more of how businesses can utilize certain technologies to their advantages whether it is electronic ordering from vendors or data mining from multiple retail store locations.
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