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What differentiates market for e-business from market for traditional business?
Wiki User
∙ 12y ago
Ecommerce is type of shopping which is to be done with the help of internet for selling products whereas traditional commerce is also type of shopping which is to be done directly with customer for selling products. Ecommerce is also known as online business whereas traditional commerce is known as offline business.
Wiki User
∙ 11y ago
Wiki User
∙ 12y agoSince the explosion of the internet age, e-businesses have gradually come to compete with the long standing structure of traditional businesses. so
Audience
- Traditionally, businesses focus on a local audience. And the only way to expand the audience is to expand into new areas by constructing multiple stores or outlets. The main advantage that e-businesses hold over this method is that the audience can be far more vast--virtually anyone who has a computer.
Pooja Chaudhary
Traditional commerce is a branch of business which focuses on the exchange of products and services, and includes all those activities which encourages exchange, in some way or the other. e-Commerce means carryng out commercial transactions or exchange of information, electronically on the internet.
Wiki User
∙ 11y agoE-commerce: the seller and buyer do not meet.
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