In: Economics
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 |