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Traditional Commerce Video Lecture | E-Commerce - B Com

100 videos|55 docs|19 tests

FAQs on Traditional Commerce Video Lecture - E-Commerce - B Com

1. What is traditional commerce?
Ans. Traditional commerce refers to the traditional way of buying and selling goods and services, typically involving physical stores or face-to-face interactions between buyers and sellers.
2. What is the significance of traditional commerce in the business world?
Ans. Traditional commerce plays a crucial role in the business world as it allows for direct customer interaction, providing personalized service, and creating a tangible shopping experience for consumers.
3. How does traditional commerce differ from e-commerce?
Ans. Traditional commerce involves physical transactions, such as visiting a store and making purchases in person, while e-commerce is conducted online through websites or mobile apps, allowing consumers to shop remotely.
4. What are the advantages of traditional commerce over e-commerce?
Ans. Traditional commerce offers immediate product availability, the ability to touch and feel products before purchasing, and face-to-face customer service, which can enhance the shopping experience and build trust between buyers and sellers.
5. How can traditional commerce adapt to the changing business landscape?
Ans. Traditional commerce can adapt by integrating technology into their operations, such as creating online stores or implementing mobile payment systems, to cater to the changing preferences of consumers and stay competitive in the digital age.
100 videos|55 docs|19 tests
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