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eCommerce Terminology | |
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Several terms are used to describe developments in the world of electronic trading and their use often causes confusion within the SME community: |
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eCommerce |
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One of the first terms to be used as a generic title for all electronic trading activities. For some it is synonymous with selling from a web site, but the broader definition is more applicable to most SMEs. |
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eBusiness |
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Widely applied to business-to-business interactions using the Internet and other solutions, but also used by companies such as IBM as a generic title for all electronic trading activities. |
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mBusiness |
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An emerging term which applies to the use of mobile communications and their interaction with the Internet. Not a term that most SMEs will need to consider at the present time. |
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