Commerce : September 2013

Sunday, 15 September 2013

	Traditional Commerce	E-Commerce
*Cost*	Cost is greater due to taxes, advertisement and employees.	Average cost is much lower than traditional type.
*Market*	Product market is limited because of geo-graphical constraints.	Product market is across the world because of non-physical aspects.
*Advertisement*	It requires product advertisement on various mediums.	Developers of the websites also makes adds on domains.
*Time*	It requires more time to go outside, to choose, compare and evaluate product.	It takes less time to choose and make comparison between several products.
*Accessibility*	Less accessible due to time or geo-graphical constraints.	Products can be accessed at any time and from almost anywhere.
*Reliability*	People trust it more because of physical transactions.	Due to lake of awareness this is less popular among people.
*Support*	Customers support centers support their customers.	No physical support centers available.
*Feedback*	Feedback from customers takes a lot of time.	Feedback is immediate by certain website features.
*Interactivity*	Fewer customers can be interacting with at a time because of less physical limitations.	Websites are especially designed for multi-users.

Sunday, 15 September 2013