- Employees: The most particular difference is that an E-commerce business doesn’t need to have many employees to function as opposed to the traditional business. The E-commerce website sell your products or services, an auto-responder to automatically send out e-mails to targeted markets and forums to facilitate consumer and staff feedbacks.
- Business Hours: Most of traditional business operates only at business hours. But an E-commerce business can be “productive” 24 X 7 X 365 days a year unless their hosting server’s go down for unforeseeable circumstances
- Cost of Start-Up/Maintenance: E-commerce businesses are run on a small budget and raking in profits like a large enterprise. The low-cost itself is a deciding factor that many individuals are learning how to operate this businesses on a home-based basis. The traditional business which requires location renting/purchasing, lot of staff employment, advertising all sums up the high-cost equation which makes many people negate from starting a business entirely.
- Market: E-Commerce is fast becoming a place where people buy and sell their respective products and services. E-commerce is integrated with credit card processors; it has become imperative that any business, if it wants to survive, has to acquire a web presence if they want to continue surviving because, rest assured if you don’t, your competitors will.
- Income: The benefits of E-commerce is there is a system in place which will help your customers make their payments easily each and every time their payment is due and allows you to earn a residual income without any effort. The basis of a traditional business depends on the frequency of new and old customers buying from them to keep the business running.
In conclusion, all traditional businesses should consider enhancing their business to E-commerce.
For more details about E-Commerce Consulting, Website development and maintenance please feel free to contact Prevaj Consultants at prevaj@prevajconsultants.com or call +91-8144760745.
