Traditional Commerce
Traditional commerce refers to the buying and selling of goods and services through physical stores or marketplaces. This form of commerce involves face-to-face interactions between buyers and sellers, allowing customers to examine products before making a purchase. Examples include local shops, supermarkets, and farmers' markets, where transactions are typically conducted using cash or credit cards.
In traditional commerce, businesses often rely on local advertising and word-of-mouth to attract customers. This method contrasts with modern e-commerce, where transactions occur online. Despite the rise of digital shopping, traditional commerce remains vital for many communities, providing jobs and supporting local economies.