What Is The Difference Between E-commerce Vs Traditional?

Traditional commerce is the usual method of economic systems and the buying and selling within specific systems, i.e. Political or technological commerce.
E-Commerce is trade taking place over the internet or over computer networks - online purchasing or business. The difference is the methods of association and level of technological involvement.

• What is Commerce?

Commerce refers to a business and trade environment. It refers to all systems that take place within a region and simply put, it represents all the prospects and potential economic actions that can take place.
It can also refer to all activities and functions involved in the transfer of goods to consumers, and all the institutions involved.

• What is E-Commerce?

E-Commerce is all the processes that take place in commerce, and all its functions, transferred online or onto a local intranet. There it can be evaluated digitally and managed, stored and traded in a rapid fashion.

It can also more simplistically be the actions of trading goods to consumers.

• What are the advantages of each?

Traditional commerce is well understood. It is a straightforward, standard business concept. In terms of the trade aspect, it's a lot more hands-on and inter-personal. E-Commerce is more beneficial in terms of space, storage capacity of data, speed of communication and the distance in which it can be communicated. E-Commerce makes trade global, not just regional.

• Which is the most significant?

E-Commerce is arguably the most significant. It is a modern, technological modification of traditional commerce and with its ability to cover great distance it is building towards a global economy. It doesn't rule out the traditional methods of commerce but rather speeds up the process and enhances it, allowing greater depth within business networking and decision making.