Difference between e-commerce vs traditional commerce
What is difference between e-commerce vs traditional commerce?
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The main difference between e-commerce and traditional commerce is that e-commerce is more convenient, allowing shoppers to purchase products without ever having to leave their home. While both of these modes of trade are necessary to meet the needs of today’s consumer, traditional commerce is more suited to high-value items. A lot of retailers prefer this mode of commerce because of its low cost, ease of use, and international reach.
A big difference between e-commerce and traditional commerce is that e-commerce involves a face-to-face interaction between consumers, while traditional commerce requires the use of a computer. In traditional commerce, the exchange of products and services is not possible without a physical inspection. In contrast, e-commerce uses a uniform platform for commercial transactions. Both use a variety of forms of payment, including credit cards and electronic funds transfer.
E-commerce is a modern alternative to traditional commerce. However, it has a few important differences. For example, it has a larger target audience and more payment options. While e-commerce has a wider reach, traditional commerce is limited in size. It is also more expensive and requires more time to ship and inspect items. In addition, traditional commerce only has limited hours.