E-business, e-commerce, and e-marketing are not different ways of saying the same thing. In fact, e-business and e-commerce cover more ground than e-marketing does.
E-commerce is when a business transaction is done over a computer-mediated network. This means that the rights to use the services are transferred. In this method, transactions don’t need price tags like they do in face-to-face commerce. Instead, they need a description of the product and what it does. The transactions also happen on the internet, extranet, intranet, fax, email, and World Wide Web.
E-marketing includes using digital media like email, mobile phones, intranets, and extranets and electronic relationship management systems and digitally managing customer data. E-business and e-commerce, on the other hand, are more useful than e-marketing because they look at business transactions as a whole. In this way, e-business and e-commerce also focus on an organization’s suppliers, business partners, and employees, as well as the buying and selling process.
In terms of transactions, e-business is bigger than e-commerce because it includes both digital business, which uses e-commerce, and traditional business, which uses the Internet. E-business can also handle things like risk management, inventory management, human resources, and finances online. In particular, for a business to use both e-business and e-commerce, it should sell its product online and handle other sales or business activities offline.
E-business, e-commerce, and e-marketing all involve creating new value chains, not just within the company but also between the company, its suppliers, and its customers. Electronic networks and the internet are important to the success of all three of these things. In fact…