The main difference between e-commerce and traditional business is the mode of interaction. Traditional business is often based on face to face Êinteraction unlike an Êe-commerce which Êis based on online interaction.ÊÊ
E-commerce is very different from traditional commerce, because it uses the internet and globalization to enhance the products and services. E-commerce provide direct connection between customer and corporation, eliminating third men, through e-commerce you can easily compare products, brands, quality and prices of e-commerce marketing and traditional marketing.
Capability to generate REVENUES for BUSINESS through INTERNET.
Traditional commerce involves maintaining a shop for customers to browse your products, telephones and paperwork such as invoices etc. E-commerce involves conducting all business over the internet - with communication by email, and payments by electronic funds transfer.
A portal would be the main provider of the internet. ECOM is also known as e-commerce. E-commerce is a transaction between two computers or systems.
While e-commerce offers significant advantages such as convenience, broader reach, and lower operational costs, it is unlikely to completely replace traditional commerce. Many consumers still value the tactile experience of shopping in physical stores, particularly for certain products. Additionally, traditional commerce plays a vital role in local economies and community engagement. Instead, a hybrid model combining both e-commerce and traditional commerce is likely to persist, catering to diverse consumer preferences.
E commerce is better than traditional business as e commerce uses electronic medium to sell or buy products.In e commerce there is no need of physical showroom or store to buy or sell products.Where as traditional business needs too much investments to sell or buy products.
Some popular Korean e-commerce websites for purchasing traditional Korean products include Gmarket, Coupang, and 11st.
Traditional commerce involves physical storefronts where customers can browse and purchase products in person, fostering immediate interaction and experience. However, e-commerce offers greater convenience, allowing consumers to shop anytime and anywhere, often with a wider selection and competitive pricing. While traditional commerce relies on foot traffic and local markets, e-commerce can reach a global audience, enhancing scalability and potential revenue. Ultimately, the choice between the two depends on factors like target demographics, product type, and business goals.
Traditional Commerceis buying and selling goods and services face-to-face, physically.Face-to-face , telephone lines , or mail systems .Manual processing of traditional business transactions .E-Commerceis buying and selling goods over the internet, and means shopping on the World Wide Web.Using internet or other network communication technology.Automated processing of business transactions .
traditional busines' being shut down...
e commerce is the buying and selling of products throgh computer network but e learning comprises electronically supported learning and teaching.