has six main advantages compared to that of traditional business: (1) Reduces business cost. Marketing is essentially anything you do to promote your business to entice customers and clients to buy from you, including advertising, publicity, sales, social media, merchandising, and distribution. There are almost no limits as to who you can sell to, and where. (2) Decreases stock, Decreases Waste. Cite This Essay To export a reference to this article please select a referencing stye below: Essays,. For example, an internet user can type in his keywords on a search engine tool (e.g. The Internet has changed that; however, that doesn't mean there isn't a place for traditional marketing methods alongside Internet marketing. Cite weblastEssays firstUK urlp? Television and print advertising can also be very expensive. Google) and click on the products that catch his attention.
Traditional vs e business - sales and payments
In this way, we see that ecommerce has changed the people to do the business in a different way. Go on a vacation? (5) Reduces material dependence. A while back, e commerce referred to any type of business conducted over the Internet. To know what option are the best for your business, you should do market research when creating themes of short stories your marketing plan, so you know who and where your market can be found both online and off. If youre not sure which business model will work best for you, the traditional business model or the e-business one, there are a couple of things you should consider. They can send information of market requirements to enterprises to make decision and produce by internet, and enterprises' requirement information can be transferred to suppliers to supply on time, leading to zero-inventory management.