Difference between E-Commerce and E-Business | Lio

Here’s a million-dollar question – ‘what really is the difference between eCommerce and eBusiness? They may look the same thing to the layman. But they are not. There is a world of differences between the two.

We all know what eCommerce is. After all, most of us buy something online at least once a month. The term refers to the business model that allows companies and individuals to sell goods and services over the internet.

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Ecommerce is quite diverse and it lets products be purchased over any smart device like a smartphone, tablet, or computer. The truth is almost every product and service is now available through eCommerce.

Calculating erroneous totals or neglecting to report data on time may lead to a disaster in the corporate world, which is where applications like Lio come in handy. Lio assists in financial transparency audits by avoiding costly and frequent human errors.

It can assist a business owner and management in determining where to cut costs and where to spend more. Data that is properly tabulated can aid in the development of smart plans and wise allocation of resources to the proper channel.



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