E-COMMERCE V/S SOCIAL COMMERCE : How to benefit businesses individually
As online shopping becomes so popular and traditional commerce markets become boring, various new trends can be seen. E-commerce and social commerce are among the trends. Before discussing the differences we should first understand their similarities. E-commerce and social commerce are carried out with the help of electronic highways; the internet. Both of them find audiences through online medium and sell their products and services to various customers. E-commerce is so widely used and has the largest market in the world, so it can be said that it has a global trade scope. These companies know how to keep up with market demand and adopt corresponding strategies, thus providing them with more sales opportunities. But at the same time, they also have expensive marketing cost. They track their customers with insights and analytics. Personalized messaging and instant response make the loyalty clause stronger. Scalability and potenti...