Question

In: Economics

How is m-commerce different than e-commerce?

How is m-commerce different than e-commerce?

Solutions

Expert Solution

1. The differences between E-commerce and M-commerce

Both of these terms have different meanings though both aim at making consumer lives easier. To better understand the differences between E-commerce and M-commerce, please have a look at the following table

E-commerce M-commerce
Definition Electronic Commerce (or also called E-commerce) refers to the activities of buying and selling products and services with the use of electronic systems such as the internet. Mobile Commerce (or also called M-commerce) refers to the process of buying and selling products and services with the use of internet/cellular data via wireless handheld devices.
History 1970’s 1990’s
Devices used Computers, laptops… Wireless handheld devices such as cell phones, iPads, tablets…
The use of Internet Mandatory Not mandatory(allow the use of offline mode, might not work properly though)
Connectivity Smaller Larger owing to the bigger number of mobile users
Mobility Limited Less limited because of lighter weight and smaller size leading to easier to carry
Reach Only at the places where the electricity and the internet are available Broader due to its portability
Payment gateway Credit cards Caller’s rate, mobile banking or user’s credit card
Usage Less simple because of a more complicated user interface and more functions Simple because all functions have been simplified
Platform used Web stores Web stores (mobile version/web app), hybrid app, native app
Cost Less costly for the creation a web store and the use of internet More costly for the creation of a mobile app and the use of cellular data

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