e-commerce versus traditional

bluetrance05 · #1 (**permalink**) 02-07-09, 02:12

If you have been working on both business, with E-commerce using the internet and traditional without the use of internet, which of the two business is better and has more advantage? Amazon, eBay, Google, Yahoo are examples of E-commerce business while K-Mart, Wal-Mart, Macy's are examples of traditional business.

carl owen · #2 (**permalink**) 02-07-09, 15:05

I would surely go with an e-commerce business. The reason for this is the fact that internet has been growing rapidly and will continue to grow in future. Many people around the world have started e-commerce business and they have earned

e profits with the same.

Internet allows you to go all over the world and sell your products. This makes it possible for you to increase the turn over and finally earn profits. If you go with the traditional business, you won't get that visibility and you won't be able to sell your products all over the world which will make your business limited and finally limiting your turnover and profit limited.

clarabean · #3 (**permalink**) 02-09-09, 12:50

Neither is better for everyone. Both can reach global audiences - you don't think Walmart is a global operation? It can only be determined by what your goals are for your business and how you run it.

bloggerbee · #4 (**permalink**) 02-09-09, 15:51

Well, the costs of a brick and mortar building are

e compared to the costs associated with doing business online. Between rent/mortgage, utility costs, employees and inventory - an offline business is deep in the hole right out of the starting gate.

Lazlo90 · #5 (**permalink**) 02-09-09, 17:33

It depends on your business, but even if you offer a local service, having an online presence still helps.

And it can also save you and your potential customers time by having useful info on the website, so if your business was open from 7 AM to 9 PM, you could mention that on the website and therefore whoever wanted to know your closing times could just check online which would take seconds as opposed to making a call just to ask that question. At the same time though, if your prices were a bit steep a potential customer might be scared away whereas if they would have called you, maybe they would of felt more comfortable. So that's something to think about as well.

Joseph · #6 (**permalink**) 02-09-09, 18:32

I would surely vote and go for E-commerce business in comparison to the Traditional business. I do agree that Traditional Business has some benefits but these benefits cannot be compared with the benefits you will get with E-commerce business.

The benefits of E-commerce business includes visibility, worldwide approach, affordable advertisements, Popularity, Capability of getting customers all over the world, turnover, Profits and many more.

carl · #7 (**permalink**) 02-10-09, 08:13

I would definitely go for E-commerce business. It provides maximum convenience to buyers. They can easily compare the prices by visiting multiple websites and make purchases from around the globe.

bloggerbee · #8 (**permalink**) 02-10-09, 08:16

Quote:

They can easily compare the prices by visiting multiple websites and make purchases from around the globe.

This can also be a disadvantage in a way as it introduces an element of competition that cannot be found in the offline world. At least with a storefront on Main St., you're not competing with thousands of businesses as much as you are online.

BodShane · #9 (**permalink**) 02-10-09, 15:52

That's true.

However, competition brings in true intention of revenue growth and when a business is compared, it's done on Profit brought to the company.

Regards,

Shane Phillips

Chiana · #10 (**permalink**) 02-10-09, 18:32

Quote:

Originally Posted by clarabean

Neither is better for everyone. Both can reach global audiences - you don't think Walmart is a global operation? It can only be determined by what your goals are for your business and how you run it.

We don't have Walmart stores in Australia. We have other major chain stores though.

I find e-commerce to be more profitable for my own business personally as I'm able to reach a far wider audience without the need to hire individual staff for each particular country I'm trying to penetrate.

jason s · #11 (**permalink**) 02-11-09, 17:14

e-commerce business is good in many ways like its available 24x7x365, it is accessible globally. However it got many disadvantages like:

(a) Delivery of products takes more time

(b) There is uncertainty Physical quality, supply and delivery of the product.

(c) You can't buy perishable items.

(d) Privacy and security of the item is not sure.

carl owen · #12 (**permalink**) 02-11-09, 18:43

Quote:

Originally Posted by jason s

e-commerce business is good in many ways like its available 24x7x365, it is accessible globally. However it got many disadvantages like:

(a) Delivery of products takes more time

(b) There is uncertainty Physical quality, supply and delivery of the product.

(c) You can't buy perishable items.

(d) Privacy and security of the item is not sure.

I do not think there are any disadvantages of E-commerce business. Infact, E-commerce business is full of benefits if done properly. The disadvantages you have mentioned are only for the buyers ( customers ) and not for the E-commerce business owner.

Chiana · #13 (**permalink**) 02-21-09, 23:37

I actually find ecommerce to be more profitable with much lower overheads. If i owned a brick-and-mortar book store, I'd need warehousing, shipping, shelving, a store, lighting, cooling/heating and staff to keep it running.

With an ecommerce bookstore, I need a website and Amazon.

Gee...

bill mates · #14 (**permalink**) 02-22-09, 14:53

You can setup Ecommerce bookstore on your website and you can add your book store products on Amazon. It's the most easiest way to promote your brick-and-mortar book store.

carl owen · #15 (**permalink**) 02-23-09, 15:10

Basically, a Traditional business requires a good capital as you will have a lot of expenses to start the business but this is not the problem with e-commerce business as you will only need a website and hardly anything else.

anny feng · #16 (**permalink**) 02-23-09, 18:38

Maybe most people prefer ecommerce business to traditional business.
and ecommerce is nowadays more and more popular.however, traditional business is also needed.
Since security is the most important factor for every business, you want fast speed or sefety for your business?
To do you business, to do it safely and securely, that is the reason for traditional business. So there is no good or bad for each kind of business, just depends.

enjoy your choice, enjoy your life.Thanx

BodShane · #17 (**permalink**) 02-24-09, 06:49

Agreed. Security in business is required in e-commerce as well as traditional business.

Regards,

Shane Phillips

carl owen · #18 (**permalink**) 02-24-09, 13:00

A Traditional business is considered to be more secured in comparison to an E-commerce business. But nowadays, there are many security measures which can be taken to make an E-commerce business secured and this makes it easier for a person to make a decision to start an E-commerce business.

anny feng · #19 (**permalink**) 02-25-09, 01:45

Quote:

Originally Posted by carl owen

A Traditional business is considered to be more secured in comparison to an E-commerce business. But nowadays, there are many security measures which can be taken to make an E-commerce business secured and this makes it easier for a person to make a decision to start an E-commerce business.

How to find an easier way to achive your goal? cash-flow or credit card?maybe many inventions come out under this condition, just as the ecommerce--More convenient, less limitation.
anytime,anywhere in the wolrd, you can start with it.
convenience is the mother of convention, I think.

carl owen · #20 (**permalink**) 02-25-09, 12:28

According to me, Need is the mother of inventions. E-commerce business has really made it simple for everyone to purchase or sell goods all over the world and one can easily pay for it within a few minutes without any hassle. This and many more benefits of an E-commerce business has made it successful. E-commerce business was needed as people wanted to have a good variety of products and they didn't want to spend a lot of time looking for it in the market. Hence, this business strategy was invented and it is successful as it fulfills all the requirements of the customers and they don't need much time and energy for the products they wish to purchase.