What is ebusiness?
Ebusiness
(
e-business
) or
e
lectronic
business
refers to commercial activities performedover computers and related technologies mainly through networks such as intranets,extranets, and the Internet to streamline, improve, and extend business operations.Ebusiness and ecommerce are often viewed to be one and the same, however this isincorrect.Ecommerceis simply a part ebusiness, more specifically, the trading aspect of ebusiness.
•
Ebusiness and Intranets
An intranet is network of computers that belong to an organization. Companies useintranets to efficiently share information such as work-related documents and tofacilitate collaborative efforts amongst its employees. It's a private network, thusonly authorized users have access.
•
Ebusiness and Extranets
An extranet is essentially an intranet except it allows authorized people outside thecompany access to certain areas of the system. Extranets streamline businessprocesses with suppliers, vendors, and business partners.
•
Ebusiness and the Internet
The Internet is the global network of interconnected computer networks. From work-at-home moms to mom-and-pop shops to big corporations, the Internet provides newbusiness opportunities to those who embrace it. The Internet is here to stay; if youwant a piece of the pie, then it is imperative that you approach it just like a brick-and-mortar business and have a solid strategy. Otherwise, join those that have gonebefore you in the black hole of cyberspace.
Ecommerce definition and types of ecommerce
Ecommerce
(
e-commerce
) or
e
lectronic
commerce
, a subset of ebusiness, is thepurchasing, selling, and exchanging of goods and services over computer networks (such asthe Internet) through which transactions or terms of sale are performed electronically.Contrary to popular belief, ecommerce is not just on the Web. In fact, ecommerce was aliveand well in business to business transactions before the Web back in the 70s via EDI(Electronic Data Interchange) through VANs (Value-Added Networks). Ecommerce can bebroken into four main categories: B2B, B2C, C2B, and C2C.
•
B2B (Business-to-Business)
Companies doing business with each other such as manufacturers selling todistributors and wholesalers selling to retailers. Pricing is based on quantity of orderand is often negotiable.
•
B2C (Business-to-Consumer)
Businesses selling to the general public typically through catalogs utilizing shoppingcart software. By dollar volume, B2B takes the prize, however B2C is really what theaverage Joe has in mind with regards to ecommerce as a whole.Having a hard time finding a book? Need to purchase a custom, high-end computersystem? How about a first class, all-inclusive trip to a tropical island? With the adventecommerce, all three things can be purchased literally in minutes without humaninteraction. Oh how far we've come!
Leave a Comment