Difference Between Ecommerce and Mcommerce

Ecommerce vs Mcommerce

Summary: Difference Between Ecommerce and Mcommerce is that E-commerce, short for electronic commerce, is a business transaction that occurs over an electronic network such as the Internet. While mCommerce stands for Mobile-Commerce which refers to the process of buying products and services by using your mobile.

E-commerce

E-commerce, short for electronic commerce, is a business transaction that occurs over an electronic network such as the Internet. 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.

Three types of e-commerce are business-to-consumer, consumer-to-consumer, and business-to-business. Business-to-consumer (B2C) e-commerce consists of the sale of goods and services to the general public. For example, Apple has a B2C Web site. Instead of visiting a retail store to purchase an iPod, for example, customers can order one directly from Apple’s Web site.

E-retail, short for electronic retail, occurs when businesses use the Web to sell products. A customer (consumer) visits an online business through an electronic storefront, which contains product descriptions, images, and a shopping cart. The shopping cart allows the customer to collect purchases. When ready to complete the sale, the customer enters personal data and the method of payment, which should be through a secure Internet connection.

Consumer-to-consumer (C2C) e-commerce occurs when one consumer sells directly to another, such as in an online auction. With an online auction, users bid on an item being sold by someone else. The highest bidder at the end of the bidding period purchases the item. eBay is one of the more popular online auction Web sites.

As an alternative to entering credit card, bank account, or other financial information online, some shopping and auction Web sites allow consumers to use an online payment service such as PayPal or Google Checkout. To use an online payment service, you create an account that is linked to your credit card or funds at a financial institution. When you make a purchase, you use your online payment service account, which transfers money for you without revealing your financial information.

Most e-commerce, though, actually takes place between businesses, which is called business-to-business (B2B) e-commerce. Many businesses provide goods and services to other businesses, such as online advertising, recruiting, credit, sales, market research, technical support, and training.

M-Commerce

M-Commerce stands for Mobile-Commerce which refers to the process of buying products and services by using your mobile. Any ways by which you you can purchase and sell good or any service your provide through cellular technologies such as Cellular Telephones or PDA‘s can be referred to as Mobile-Commerce. m-commerce also known as Next-Generation eCommerce. mCommerce enabled billions of users to connect to the internet without any plug-in. The technology behind this mCommerce is WAP (Wireless Application Protocol) using widely in Europe and United States where mobile’s are having micro-web browsers.