give difference between e- commerce and traditional commerce.
Answers
E-commerce is the process of exchanging goods and services in the form of digital mode where the payment to the goods and services happens in electronic form. E-Commerce is a form on the online shopping market where customers can buy goods and services easily from their home including a few discounts and the goods will be delivered at the doorstep. Traditional Commerce is the process of exchanging goods and services in the form of money directly. Traditional Commerce involves face to face and in person dealing with all the parties to perform the exchange of goods and services with predefined prices.
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.