Distinguish between traditional commerce and e-commerce on any four points.

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Q. Distinguish between traditional commerce and e-commerce on any four points.

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The key differences follow from the fact that traditional commerce happens in a physical place while e-commerce happens over a network.

Basis	Traditional commerce	E-commerce
Place of dealing	A physical shop or office	A website or mobile app
Business hours	Fixed hours; shop must be open	Open 24 hours a day, every day
Reach	Mainly local customers	Buyers anywhere with internet
Payment	Cash, cheque or card in person	Electronic payment (cards, net banking, wallets, UPI)
Set-up cost	High (rent, staff, display stock)	Comparatively lower
Delivery of goods	Immediate, over the counter	After a shipping/delivery period

Q.Distinguish between traditional commerce and e-commerce on any four points.