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Outline the major differences between electronic commerce and traditional commerce

Outline the major differences between electronic commerce and traditional commerce

Answers

gregory
1.In traditional commerce prices are fixed while in electronic commerce prices are dynamic
2. In traditional commerce goods are standard while in electronic commerce goods are customised.
3. Traditional commerce uses physical catalogue while electronic commerce usese digital catalogue.
4. Traditional commerce is seller or or supply driven while electronic commerce is buyer or demand driven.
5. Traditional commerce has physical goods while electronic commerce has digital goods.
6.Traditional commerce is hierarchial while electronic commerce is a network organisation.
7.traditional commerce has mass marketing while electronic commerce has multifunctional marketing.
gregorymasila answered the question on November 12, 2017 at 18:56

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