{"id":969,"date":"2020-08-21T07:15:18","date_gmt":"2020-08-21T07:15:18","guid":{"rendered":"https:\/\/www.teranoid.com\/?p=969"},"modified":"2020-08-21T07:15:18","modified_gmt":"2020-08-21T07:15:18","slug":"e-commerce-retail-versus-traditional-retail","status":"publish","type":"post","link":"https:\/\/www.teranoid.com\/e-commerce-retail-versus-traditional-retail\/","title":{"rendered":"E-commerce Retail versus Traditional Retail"},"content":{"rendered":"\n

Certainly, we are aware that\ne-commerce is becoming popular. In other words, the business mechanism and ways\nare changing with the passage of time. That is to say, with the advancement in\ntime, retail is also changing and things are going towards digitalization.\nFurther, the digital transformation had revolutionized many industries. In the\nsame vein, digitalization has also transformed the retail industry. Certainly,\npeople are more inclined to shop online as compared to shopping from stores. Hence,\nwe can say that e-commerce retail is gaining popularity among customers.  <\/p>\n\n\n\n

In this article, we at Teranoid<\/em><\/a><\/strong> have compiled for you some points that explain how retail commerce and e-commerce website is different from each other. Secondly we shall also explain how e-commerce site is overtaking traditional retail.    <\/p>\n\n\n\n

How are traditional retail and e-commerce Retail different from each\nother?<\/strong><\/h2>\n\n\n\n

Well, e-commerce as well as traditional retail are similar in the fact that they have same objectives. In short, their aim is the same; to sell and buy products. Certainly, these both forms of retail<\/em><\/a> are entirely different from each other but if we talk about similarity, then the objective is the only thing that makes them similar. <\/p>\n\n\n\n

How are traditional retail and e-commerce Retail different from each\nother?<\/strong><\/h3>\n\n\n\n

Let us now see how traditional\nretail and e-commerce are different from each other. <\/p>\n\n\n\n

Accessibility <\/strong><\/h4>\n\n\n\n

Well, one of the major\ndifferences between traditional retail and e-commerce retail is that of\naccessibility. That is to say, e-commerce is more accessible to consumers as\ncompared to traditional retail. That is to say, consumers have to visit the\nstore if they have to buy the product. On the other hand, consumers can simply\nbrowse online, select their product of their choice and order it online.<\/p>\n\n\n\n

Time<\/strong><\/h4>\n\n\n\n

Secondly, traditional retail has\nlimited time hours. In other words, the shop will be open for limited hours. On\nthe other hand, the e-commerce shopping site is available 24\/7. Even if it is a\nholiday, you can still shop form e-commerce site as it is never closed. <\/p>\n\n\n\n

Delivery<\/strong><\/h4>\n\n\n\n

Another major difference is of\ndelivery. That is to say, the e-commerce site allows shoppers to get their\nitems delivered in various cities. In other words, the customer can order from\nonline within the state or even in some cases outside the state as well. So,\nthis gives consumers more chances to shop from the store. On the other hand,\ntraditional retail is completely different. There is no option of delivery\nmostly. You just have to visit the store and collect your items at the same\ntime.  <\/p>\n\n\n\n

Having said that, the online\nordering system has gained popularity during pandemic. Therefore, restaurants\nas well retail stores have started delivering items online. <\/p>\n\n\n\n

Ability to see & touch <\/strong><\/h4>\n\n\n\n

Traditional retail allows the\ncustomers to see and touch the products and know the product quality. That is\nto say, consumers can ask the staff about the product and check it physically.\nThis however, is not the case with e-commerce retail. Consumers just see the\nitem and order it. They cannot see the product physically or touch it. In\naddition, the customers get the item as soon as they purchase it in traditional\nretail, while in e-commerce retail; consumers have to wait for their product to\nbe delivered to them. This might take 3-4 days or a week\u2019s time as well.  <\/p>\n\n\n\n

Conclusion<\/strong><\/h4>\n\n\n\n

As mentioned earlier, due to the\nadvancement in technology, the e-commerce retail is certainly increasing its\npopularity. However, both, traditional retail as well as e-commerce retail has\ntheir benefits and setbacks. But for businesses who are deciding on which one\nto opt, they certainly should opt for the e-commerce site as it more popular\nand in demand today.         <\/p>\n","protected":false},"excerpt":{"rendered":"

Certainly, we are aware that e-commerce is becoming popular. In other words, the business mechanism and ways are changing with the passage of time. That is to say, with the advancement in time, retail is also changing and things are going towards digitalization. Further, the digital transformation had revolutionized many industries. In the same vein, … <\/p>\n

Continue reading “E-commerce Retail versus Traditional Retail”<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":1115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/posts\/969"}],"collection":[{"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/comments?post=969"}],"version-history":[{"count":4,"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/posts\/969\/revisions"}],"predecessor-version":[{"id":1113,"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/posts\/969\/revisions\/1113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/media\/1115"}],"wp:attachment":[{"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/media?parent=969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/categories?post=969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.teranoid.com\/wp-json\/wp\/v2\/tags?post=969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}