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Compared with traditional commerce, e-commerce is a fundamentally different way of doing business. It is 24/7; global; anonymous; hugely competitive with quality, price and delivery easy to compare; it is cheaper to operate because telecoms is cheaper than transportation; it is very transparent with more info, less selling and more telling; payment is faster; it is more flexible and responsive for changes to offerings such as price and specification; business is place independent; methods of selling can be changed relatively easily.

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13y ago

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