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    E-Commerce Vs Traditional Commerce

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    Hari Shankar Singh
    E-commerce allows buying and selling of goods online, saving time and money spent on travel. Payments can be made digitally like with credit/debit cards. Goods can be bought 24/7 from anywhere. Traditional commerce began with barter systems before money, and involves in-person exchange of goods or money. While e-commerce is convenient, traditional commerce is necessary where digital networks don't exist and allows inspecting products before purchase. E-commerce simplifies business operations but traditional commerce provides direct customer interactions.

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    E-Commerce Vs Traditional Commerce

    Uploaded by

    Hari Shankar Singh
    16 views12 pages
    E-commerce allows buying and selling of goods online, saving time and money spent on travel. Payments can be made digitally like with credit/debit cards. Goods can be bought 24/7 from anywhere. Traditional commerce began with barter systems before money, and involves in-person exchange of goods or money. While e-commerce is convenient, traditional commerce is necessary where digital networks don't exist and allows inspecting products before purchase. E-commerce simplifies business operations but traditional commerce provides direct customer interactions.

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    E-commerce vs Traditional Commerce

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    E-commerce allows buying and selling of goods online, saving time and money spent on travel. Payments can be made digitally like with credit/debit cards. Goods can be bought 24/7 from anywhere. Traditional commerce began with barter systems before money, and involves in-person exchange of goods or money. While e-commerce is convenient, traditional commerce is necessary where digital networks don't exist and allows inspecting products before purchase. E-commerce simplifies business operations but traditional commerce provides direct customer interactions.

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    © All Rights Reserved
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    16 views12 pages

    E-Commerce Vs Traditional Commerce

    Uploaded by

    Hari Shankar Singh
    E-commerce allows buying and selling of goods online, saving time and money spent on travel. Payments can be made digitally like with credit/debit cards. Goods can be bought 24/7 from anywhere. Traditional commerce began with barter systems before money, and involves in-person exchange of goods or money. While e-commerce is convenient, traditional commerce is necessary where digital networks don't exist and allows inspecting products before purchase. E-commerce simplifies business operations but traditional commerce provides direct customer interactions.

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    of 12

    E-COMMERCE VS

    TRADITIONAL COMMERCE

    SUBMITTED TO:-
    MS. PRIYANKA DHAKA
    (ASSISTANT PROFESSOR)
    SUBMITTED BY:-
    SIDDHI AGARWAL
    WHAT IS E-COMMERCE?

    In E-commerce most of the time and money can be


    saved in spending on traveling and selecting the
    goods. The payments can be made in any form of
    digital modes such as Credit Card, Debit Card,
    Digital Wallets or Net Banking. In E-Commerce, the
    goods can be bought round the clock without any
    hassles during our free time. E-Commerce provides
    greater benefits in buying goods and services easily.
    WHAT IS TRADITIONAL COMMERCE?

    Traditional Commerce began at the time of the barter


    system which was introduced in the early millions of
    years ago. The barter system defines the exchange of
    goods with other goods instead of money where
    money was not available during those days. This is
    where Traditional Commerce began and has been
    continuing till today in the form of exchanging
    money rather than with only goods. Nowadays
    Traditional Commerce lost its popularity and got
    reduced due to the E-commerce introduction in the
    early 20th century .
    USAGE

    E-commerce is used to save valuable time and


    money.
    Traditional commerce is ancient and still in use
    where digital network is unreachable.
    PROCESS

    E-commerce is easier to use and operate if customer


    has basic digital gadget knowledge.
    Traditional commerce can be followed by any person
    irrespective of education and knowledge.
    MODE

    E-commerce is in electronic or digital form only.


    Traditional commerce can be in any form which is
    non-electronic or manual form.
    TIME

    E-commerce is available round the clock.


    Traditional commerce is available during limited
    time as prescribed by the law and based on the type
    of business.
    PURCHASE

    In e-commerce, inspecting a product before


    purchasing is not possible.
    In traditional commerce, inspecting a product before
    purchasing is possible.
    INVOLVEMENT

    E-commerce does not allow the buyer and seller to


    meet.
    Traditional commerce involves face to face
    involvement of both buyer and seller.
    BUSINESS

    In e-commerce, more business can be done without


    any hassle.
    In traditional commerce, it is difficult to perform
    more business as the buyer needs to run from place
    to place for different things.
    MAINTENANCE

    E-commerce is easier to maintain as only a


    warehouse is needed to store the goods. There is 0
    expense of an outlet.
    Traditional commerce is costly as display and
    showcase of products, customer service, labour, etc.
    is required for the customers.
    THANK YOU

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