- Trending Categories
Data Structure
Networking
RDBMS
Operating System
Java
iOS
HTML
CSS
Android
Python
C Programming
C++
C#
MongoDB
MySQL
Javascript
PHP
Physics
Chemistry
Biology
Mathematics
English
Economics
Psychology
Social Studies
Fashion Studies
Legal Studies
- Selected Reading
- UPSC IAS Exams Notes
- Developer's Best Practices
- Questions and Answers
- Effective Resume Writing
- HR Interview Questions
- Computer Glossary
- Who is Who
What is the difference between E-commerce and traditional commerce?
Traditional commerce is part of a business that has all activities that facilitate exchange. Trade and auxiliaries of trade are kinds of traditional commerce whereas e-commerce refers to the exchange of goods & services, funds/information between customer and business by means of an electronic network
The major differences between Electronic commerce (E-commerce) and traditional commerce are as follows −
| E-commerce | Traditional commerce |
|---|---|
| It is cost-effective. | It is less cost-effective than E-commerce. |
| No role of middlemen. | Middlemen have a role to play in traditional commerce. |
| Less overhead cost. | High overhead cost than E-commerce |
| Takes less time. | Takes more time. |
| Better connectivity. | No better connectivity. |
| Size of business is easily expandable. | Size of business is not easily expandable. |
| New product is easily introduced. | Introduction of new products is not easy. |
| Immediate analysis of customer feedback can be done. | Takes more time in analysing the customer feedback. |
| Increase profits by cost cutting and streamlining operating expenses. No physical inspection. | Physical inspection. |
| 24*7 accessibility. | Limited time of accessibility. |
| Not suitable for perishable and high-value products/items. | Suitable for perishable and high products/items. |
| High qualified staff is required. | High qualified staff is not required. |
| Screen to face customer interaction. | Face-to-face customer interaction. |
| Automated process of business. | Manual processing of business. |
| End-to-end business relationship. | Vertical/linear business relationship. |
| Chances of fraud is very high. | Chances of fraud is less compared to E-commerce. |
- Related Articles
- What is the difference between E commerce and M commerce?
- Difference between B2B e-Commerce and B2C e-Commerce
- E-Business and E-Commerce
- e-Commerce Testing: How to Test an e-Commerce Website?
- Why is privacy of apprehension to e-commerce?
- What are SAP Hybris based E-Commerce platform and spring configuration?
- What is Q-Commerce and its Future in Marketing?
- How an E-Commerce Store Decreases Your Business Capital
- I own an e-commerce business. What is more, benefiting for me - Remarketing or shopping campaign?
- What I need to take care before buying anything from an e-commerce website?
- Can I opt for the EMI option using my debit card on e-commerce websites?
- Difference between Traditional Collections and Concurrent Collections in java
- What is the difference between letter, memo, e-mail, texting and formal writing?
- What is the difference between throw e and throw new Exception(e) in catch block in java?
- What is the difference between 'except Exception as e' and 'except Exception, e' in Python?
Advertisements