Question

1. Describe the benefits of e-commerce over traditional commerce.​

Answer 1

Answer:

Eliminating geographical limitations and time constraints, cost saving, better convenience, increasing online visibility, enabling online-based marketing strategies, creating a market for niche products, providing abundant information, allowing targeted communication, and cost-effective inventory management, are some

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Answer 2

Answer:

The the benefits of e commerce over traditional commerce are :-

• Global reach/Global choice.

• Improved competitiveness/quality of service.

• Mass customization/Personalised products and services.

• shorten or eradicate supply chains/rapid response to needs.

• substantial savings/reductions.

• novel business opportunities/new products and services.

• convenience.

• paperless society

• speed

• lower investment