Question

How would you differentiate a traditional commerce and E-Commerce?

Answer 1

Traditional Commerce	E-Commerce
Traditional commerce is buying or selling products and services physically.	E-Commerce carries out commercial transactions electronically on the Internet.
Customers can easily identify, authenticate and talk to the merchant.	Neither customer nor merchant sees the other.
Physical stores are not feasible to be open all the time.	It is always available at all times and all days of the year. ‘
Products can be inspected physically before purchase.	Products can’t be inspected physically before pur­chase.
Scope of business is limited to a particular area.	The scope of business is global. Vendors can expand their business Worldwide.
The resource focuses Supply side.	The resource focuses Demand side.
Business Relationship is Linear.	Business Relationship is End-to-end.
Marketing is one-way marketing.	One-to-one marketing.
Payment is made by cash, cheque, cards, etc.	The payment system is mostly credit cards and through fund transfers.
Most goods are delivered instantly.	It takes time to transport goods.