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What is Traditional Commerce?
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.
Can traditional commerce be replaced by E-commerce?
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.
What is the formula for brick mortar?
1000 brick and mortar (non e commerce business) = 1 click and mortar (e commerce business). 1000 brick - strength (physical in nature) weaknesses (time consuming to you and me) 1 click - strength (time effective and get variety) weaknesses ( products are not physical to touch and feel)
How ecommerce is better than traditional business?
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.
What was the commerce of Uruk?
the commerce of uruk was commerce
The regulation of commerce is an example of commerce?
what is the advantage of commerce
'Maharashtra board 12th commerce 2007-08 exam date'?
The exact exam date for Maharashtra board 12th commerce exams in 2007-08 would depend on the specific schedule set by the board. Students are advised to contact their school or check the official board website for the most up-to-date information on exam dates.
How do you do the subject of commerce?
commerce is bissiness which we need for organisation of commerce
What are limitations of e commerce marketing?
The first limitation of e commerce is that it is only available to people on the Internet. The second limitation is that, for big ticket items, people usually want physical reassurance. They want an actual sales person telling them they are making the right decision.
What type of commerce is conducted on the WWW?
E-Commerce or Electronic commerce.
Difference between interstate commerce and interstate commerce?
There isnt a difference between interstate commerce and interstate commerce.
Why ok traditional commerce business compare to e commerce business?
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.
