Difference between traditional commerce and e commerce with Advantages and similarities

INFRASTRUCTURE Lower due to online platform setup Customer Experience Physical touch and feel Virtual experience Payment Methods Cash, checks, credit/debit cards Online payments including credit/debit cards, e-wallets, cryptocurrencies Marketing Approach Traditional advertising (print, TV, radio) Digital marketing (Social Media, SEO, email marketing) Inventory Management Physical inventory management Automated and real-time inventory management Personalization Limited personalization … Read more

Difference between free trade and fair trade with Advantages and similarities

Liberalization and economic growth. Social and environmental sustainability, particularly for small producers. Target Beneficiaries Consumers and multinational corporations. Small-scale farmers, artisans, and workers in developing countries. Economic Impact Can lead to economic growth but may also cause inequalities and market volatility. Aims to reduce poverty and promote Sustainable Development, but may limit competitive pricing. Environmental … Read more