By: Pankaj Sudhan
Businesshindinews
E-business refers to conducting business activities online over the internet and electronic networks
Introduction to E-Business
E-Business While e-commerce focuses on transactions, e-business encompasses overall business activities conducted digitally
Concept of E-Commerce
E-business provides global reach and access to a wider target audience for businesses leveraging digital channels
Scope and Reach
E-business broadly includes e-commerce transactions, online customer engagement and service, digital marketing, etc
Components and Models
E-business offers benefits like expanded reach, 24x7 operations, access to data-driven insights, and more
Key Benefits of Adopting
Transitioning to e-business poses challenges like setting up technology infrastructure, addressing security risks, etc
Challenges in Implementing
AI-based product recommendations, VR-powered shopping experiences represent some emerging e-business tech
Emerging Technologies Powering
A well-defined strategy aligned to overall business objectives is key to e-business success
Strategy and Planning
Companies like Amazon and Alibaba exemplify efficiently run global e-business models
Examples of Successful Models
Commerce Personalisation, voice search and AI are considered among future e-business game-changers