detailed difference between traditional and e business on following basis
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Explanation:
Comparison Table:
TRADITIONAL COMMERCE E-COMMERCE
Meaning
Traditional Commerce comprises to be a branch of trade, which concentrates on the exchange of goods and services. E-commerce means executing the transactions or exchange of data, on the internet.
Accessibility
Limited Any time
Scope
Restricted to a definite area Across the globe
Business Relationship
Linear End-to-end
Marketing
One way One to one
Payment
Cash, Debit or Credit card, cheque, etc., Debit or Credit card, NEFT or Cash on Delivery (COD) etc.,
Delivery of products
Instantly Takes some time
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