E-commerce vs Traditional Trade: An Analysis of Impacts and Arguments

This report analyzes the impact of E-commerce on traditional trading practices. It presents three key arguments, supported by evidence and counterarguments, exploring the advantages and disadvantages of both E-commerce and traditional methods. The report discusses the variety of services and time-saving benefits of E-commerce, contrasted with the benefits of traditional trading, such as wholesale advantages. It also examines how E-commerce has influenced customer behavior and the importance of customer reliability in traditional approaches. Furthermore, the report highlights issues such as long delivery processes and shipping costs associated with E-commerce, compared to the immediate availability of products in traditional trading. The conclusion emphasizes E-commerce's effectiveness in enhancing customer buying behavior while acknowledging its negative impacts on traditional practices, thereby offering a comprehensive comparison of both trading approaches.

E-commerce has destroyed the
traditional way of doing trade

Table of content
• Introduction
• Argument 1
• Argument 2
• Argument 3
• Conclusion
• References

Introduction
Now a days, each and every organisation wants to trade at international
and global level with the help of physical presence or not (Roche,
2016). In this process, Internet provides a better solution to
organisations for easy trading in different countries. All these practices
are known as E-commerce which affect business in positive and
negative manner. E-commerce has destroyed the traditional way of
doing trade but it play a most important role in the modern trading
practices. This presentation is going to determining the some
arguments based on positive and negative impact of e-commerce upon
business trading practices.

Argument 1
E-commerce is a most appropriate method for those individuals
who wants to buy limited products from online purchasing
practices. Through this they can get benefits as -
 Variety of services
 Time saving

Counter argument
E-commerce approaches is not as effective as traditional have
(Razaque and et.al., 2018). Currently, most of the customers
prefer traditional selling and purchasing because it assist in
providing a huge amount of products to customers easily.
There are numerous benefits of traditional trading as -
 Benefits to whole-sellers

Evidence and examples
E-commerce assist in providing different type of
products and services to customers on a
single platform therefore, some of the
customers prefer them.
On the other hand, buyer of whole-sell services
are prefer traditional trading because for
them it is hard to purchase a huge quantity of
products through online practices.

Argument 2
E-commerce is wide concept that destroy trading practices through
traditional method (SAIKIA, SINHA and PATGIRI, 2017).
Now a days customers are more likely to discover different
services through internet therefore, e-commerce offer them
desired services on a single platform. Main reason behind
the success of these modern approaches are -
 Fast adoption of changes

Counter argument
It is a fact that the concept of e-commerce influence on the
traditional trading practices. But there are numerous fact
that create existence of traditional approaches in the mind
of customers. These can be -
 Reliability

Evidence and examples
The graphical presentation determines that e-commerce and
superstore services create their equal existence in the market.
Customers are believing in the services of both aspects which
belongs to traditional as well as modern approach. Thus, these
both sectors faces a tough competition from each others.

Argument 3
In today's context e-commerce has almost reduces the traditional
trading practices of product and services (Laudon and
Laudon, 2016). But it has gain certain pitfall to customer
too that are mention below:
 Long delivery process
 Shipping add cost too

Counter argument
On spot purchasing: Traditional trading is providing benefits to
its customer by providing hand to hand delivery on
purchasing of product and services. They are providing best
services with various different products to its customer. They
also provide discount and seasonal offer to their customer.

Evidence and examples
 This image describes that the
delivering services through e-
commerce takes a long
duration.
 Traditional trading provides
facility to take their product
at a time easily.

Conclusion
As per the above report it has been analysed that E-commerce is a
most effective innovative approach that enhance buying
behaviour of customers easily. These kind of approaches
impacts negatively on traditional trading practices. These both
approaches describes their own advantages and disadvantages in
different way. Through this, they captures eyes of customers
towards their services.

References
Roche, E.M., 2016. Information and communication technology
still a force for good?. Journal of global information
technology management. 19(2). pp.75-79.
Razaque, A., and et.al., 2018, May. Survey: Wildlife trade and
related criminal activities over the internet. In Systems,
Applications and Technology Conference (LISAT), 2018
IEEE Long Island(pp. 1-6). IEEE.

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