State three differences between E-business and Traditional business.
Answers
Explanation:
Key Differences between E-commerce vs Traditional commerce
Both E-commerce vs Traditional commerce are popular choices in the market; let us discuss some of the major Difference Between E-commerce and Traditional commerce:
E-Commerce is completely an in digital and online mode where the communication is through electronic form completely whereas Traditional Commerce is completely offline and through in person or face to face.
E-Commerce is reachable worldwide and has more connectivity whereas Traditional Commerce is limited to a particular geographical area especially smaller.
E-Commerce information of exchange takes place in different forms either through digital ads or emails etc. whereas the information of exchange in Traditional Commerce happens in the form of hoardings or pamphlets distribution or through any physical mode of exchange.
E-Commerce can have one to one marketing whereas Traditional Commerce can have only one-way marketing.
E-Commerce can have several ki payment modes such as online transactions or digital wallets or cash on delivery whereas Traditional Commerce can have only cash payment in person.