Traditional Commerce is the process of buying, selling or exchanging products, services or information, is usually physical, meaning there is the existence of a physical store.
What are the advantages of traditional commerce?
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.
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.
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.
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.
Buyer, Seller and Producer
Some popular Korean e-commerce websites for purchasing traditional Korean products include Gmarket, Coupang, and 11st.
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
traditional busines' being shut down...
I'm not 100% but i think traditional retailing is general shops in comparison to e-commerce (shopping over the internet) Hope this helps... :)
Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce . Use practical examples
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 .