Question

Difference between traditional commerce and e commerce

Answer 1

Answer:

Differences Between Traditional Commerce and e-Commerce

The following points are noteworthy so far as the difference between traditional commerce and e-commerce is concerned:

• A part of business, that focuses on the exchange of products and services, and includes all those activities which encourage exchange, in some way or the other, is called traditional commerce. e-Commerce means carrying out commercial transactions or exchange of information, electronically on the internet.
• In traditional commerce, the transactions are processed manually whereas, in the case of e-commerce, there is automatic processing of transactions.
• In traditional commerce, the exchange of goods and services, for money can take place, only during working hours. On the other hand, in e-commerce, the buying and selling of goods can occur anytime.
• One of the major drawbacks of e-commerce is that the customers cannot physically inspect the goods before purchase, however, if customers do not like the goods after delivery they can return it within the stipulated time. Conversely, in traditional commerce physical inspection of goods is possible.

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Answer 2

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E-Commerce is completely an in digital and online mode where the communication is through electronicform completely whereas Traditional Commerce is completely offline and through in person or face to face.E-Commerce can have one to one marketing whereas Traditional Commerce can have only one-way marketing.