Difference between traditional commerce and e- commerce

Differences between traditional and e-commerce

 

In the following table you can see in table form the differences in media used for traditional and e-commerce. Please notice that as far as e-commerce is concerned everything can be done through a server:

Action	Traditional commerce	E-commerce
Acquire product information	Magazines, flyers, online catalogs	Web pages
Request item	Printed forms, letters	E-mail
Check catalogs, prices	Catalogs	On-line catalogs
Check product availability and confirm price	Phone, fax	E-mail
Generate order	Printed form	E-mail, web pages
Send /Receive Order	Fax, mail	E-mail, EDI
Prioritize order		On-line database
Check inventory at warehouse	phone,fax	On-line database, web pages
Schedule delivery	Printed form	E-mail, On-line database
Generate invoice	Printed form	On-line database
Receive product	Shipper	Shipper (unless it is electronic)
Confirm receipt	Printed form	E-mail
Send/Receive Invoice	Mail	E-mail, EDI
Schedule payment	Printed form	EDI, On-line database
Send /Receive Payment	Mail	EDI

 

 

1. Direct interaction is present in traditional commerce.
2. E-commerce proves to be feasible for the standard products,low-value products , intangible products and digital products.
3. In traditional commerce customer can verify the identity of the seller and their physical location, whereas in e-commerce customers feel insecure because they cannot identify the seller and are unaware about many things
4. Traditional commerce is the best when it comes to convincing the customers on certain products.
5. E-commerce uses e-cash, credit cards , debit cards and etc,.
6. E-commerce is developing a highway system called the information super highway as we have the interstate highway system for traditional e-commerce.