E-Commerce

Differences between Electronic Commerce and Traditional Commerce

The major difference is the way information is exchanged and processed:
1) Traditional commerce:

• face-to-face, telephone line, or mail systems
• manual processing of traditional business transactions
• individual involved in all stages of business transactions

2) E-commerce:

• using Internet or other network communication technology
• automated processing of business transactions
• individual involved in all stages of transactions
• pulls together all activities of business transactions, marketing and advertising as well as service and customer support