Differences Between E-Commerce and E-Business

E-Commerce and E-Business are two completely different terms but unfortunately they are always used interchangeably by many of us. The reason behind this lies in the meanings of “business” and “commerce” in English language. But there is a difference between e-commerce and e-business. There are many people who understand the subtle differences between the two and there had always been a debate among these two groups about the differences and similarities between e-commerce and e-business. The aim of writing this article is to clearly bring out the differences between the two as both of them are completely different phenomenon.The differences between the two are as follows:1. E-Commerce is the subset of E-Business. If you remember the Venn diagram you studied in school then you can very well understand what I am trying to convey. The later one is a very broad concept while the former one is just a small part of it. This relationship will be cleared in the subsequent points.2. Those activities which essentially involve monetary transactions are termed as “e-commerce”. However, e-business is a much broader term. There are many other things besides selling including but not limited to marketing, procurement of raw materials or goods, customer education, looking for suppliers etc.3. To sell online is e-commerce but to bring and retain customers and educate them online about the product or service is e-business. Having a website to do it is not sufficient. But, having a professionally built website loaded with latest technologies to capture the attention of the visitor and win his/her appreciation is required. When money is involved then the first thing which user looks for is safety and security of his/her money. Having a website laden with such qualities is important.4. When Dell sell computers, laptops, monitors, printers, accessories etc online then it is not engaged in e-commerce but e-business. Let me tell you how. When a visitor comes on the website, the first thing he see is website design and navigation as well as those things which are going to help him find what he is looking for and if he directly lands on the page he was looking for, he looks for the information related to it. The information provided should be appealing and clear maximum doubts of the visitor so as to convert him in a client. Till now no money has been exchanged nor been talked about. So, was this e-commerce? No, it is e-business which guides the visitor.5. E-commerce has also been defined as a process covering outward processes that touch customers, suppliers and external partners while e-business covers internal processes such as production, inventory management, product development, risk management, finance etc.In all, e-commerce can be described as the use of the Internet and the web to transact business. More formally, digitally enabled commercial transactions between and among organizations and individuals. On the other hand, e-business can be described as the digital enablement of transactions and process within a firm, involving information systems under the control of the firm. Moreover, e-business applications turn into e-commerce precisely when an exchange of value occurs.

Low Interest Auto Loans For All

Low interest auto loans are now a blessing for all those wanting to buy a car. These loans are offered at affordable and low interest rates. The loans can be found online. With the advancement in technology, internet is a boon to those able to access the computer. People can sit at home, browse and shop for different interest rates. Online shopping not only helps you save money at low interest rates but also helps you purchase your vehicle with cash.People require auto loans for several reasons. They can beo Auto loans for domestic purposeo Transport companies secure auto loans to buy assets to expand their business. These companies may not be able to source money from their present businesso People continue to buy assets to add to their luxuries and their status symbolOnline Auto loansApplying online is the most convenient and easy method to secure finances. Online shopping helps you locate different lenders offering the rates, compare the rates offered and finally apply for the loan that appeal to your need and requirement.The lenders usually give preference to online applications for approval. The process is fast, quick with minimal processing and overhead costs.The borrower is required to fill an online application form and provide details like name, address, financial status, credit score, employment details, loan amount required etc. The lender then studies the application form and checks the eligibility criteria. He then sends the loan quote to the applicant and sanctions the amount.The sanction process is quick and is usually done in a few hours. The amount is then transferred to the bank account within the next 72 hours. Once in receipt of the contract, the borrower is required to read the terms and conditions and make repayments as per the schedule. The lender can take action if the borrower fails to make the payment.People with a poor credit score can also avail these loans online. They can now possess a car of their choice and fulfill their dreams. The loans are however offered at high interest rates. Securing these loans can make a difference on their credit score with their regular repayments.Good DealYou can get the best deal by shopping and browsing for loans with different rates. You can take your time, study and compare the rates offered in order to settle for the best loan rate. Online shopping also gives you the facility to negotiate your terms to get better deals through larger down payment and shorter repayment periods. If you secure your car financing before shopping for a car, it will give you better stance with negotiations. You will be treated as a buyer with hot cash and the seller will always have the pressure of procuring your business. He is aware of your ability to purchase from the dealer who will offer the best rate and hence will do all possible to get your business. This can be advantageous and you can raise your terms and negotiate for better deals.Applying for low interest auto loans [http://www.lowinterestcarloans.us/lowinterestautoloans.html] online is a less complex and convenient process. There is no documentation, hassle or stress involved. It is highly economical and is a time saving method.

Grab the Opportunity of Availing No Money Down Auto Loans Today

It all started in 1769 with the creation of steam engine automobiles and now, cars have become an inevitable part of our life. In our culture, owning a car is getting closer to the American dream. But, cars are getting expensive and even though the economy is getting on its feet again, it is difficult to buy a car without auto loans.Most experts say you can really improve your chances by getting a down payment. Down payment is the initial upfront amount that you pay to the dealer. When you put money down, you automatically reduce the lender’s risk by lowering the loan amount. You also increase the lender’s trust in you and your financial ability.But, is getting a down payment easy? Most of us are dreaded by the word of it. We get an auto loan because we are short of cash. Then, how is making a down payment possible for us? One may argue that a down payment amount is only 10%-20% of the total cost of the car. Nonetheless, it is a big amount for all of us because we have just suffered the blows of a recessionary economy.So, what’s the inexpensive alternative to a down payment? The answer is simple. You can avoid putting money down by opting for a no money down auto loan. Yes, these automobile loans are very much possible today. Demand is rising in the auto industry and this year has been the best since 2008. With the European crises, German and Italian auto makers are also pushing car sales. The delinquency rate is at its lowest since 1999. TransUnion reported that delinquencies fell to 0.36 percent from 0.46 percent of last quarter of 2011. So, lenders are now more confident of getting their money back. As a consequence, getting innovative loan options like no down auto loans is very much reality. You are no longer required to hold back your dreams because of lack of down payment.What Are No Money Down Auto Loans?No money down auto loan is a simple type of loan. Like in any other auto loan option, your car will be used as collateral. The lender can sell your car if you stop making payments. As he is in a comfortable position, you can get reasonable interest rates without any trouble. Once you pay-off the loan, the lien is removed as the lender loses financial interest in your car.Now, in other car loans, a down payment is almost mandatory. But, with no down auto loans, you get the option of not making a down payment and thus, saving your money. You don’t need to spend your life-savings or break the college fund to get a car. And, all these benefits for just few extra bucks. Seems a good deal, isn’t it?How to Get No Money Down Auto Loans?Applying for a no down auto loan is very easy. All you have to do is search a lender who offers this option. Once you find a reputed lender, online or otherwise, apply with him. Absolutely anyone who needs a car loan can apply for this loan. Poor credit is not an issue if you can convince the lender that you are not a high risk borrower. For this, a stable income and employment will play a major role.What Documents Are Required for Availing No Down Payment Auto Loans?An uncomplicated car loan process makes sure that your car buying process is gratifying.Getting a car loan without down payment is simple and easy because there is nothing extra that needs to be done. The application process is simple and not different than other loan options. Even the list of required documents is the same.1. Recent pay stubs or W-2 Form can be used as income proof by those who are employed. For self-employed and independent contractors, there is Form 1040.2. Utility bills like phone bill and rent is used for determining the amount of time you have spent at your current residence.No money down auto loans can be your chance of buying the car that you have always wanted. It is time to say no to huge down payment amounts. Welcome your new car without dreading about anything. Do not waste any more time in applying for this incredible option!