Comparison Between Traditional Markets & Digital Markets

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Comparison between Traditional Markets & Digital Markets

Contents

1. Definition on Traditional Markets and Digital Markets.......................................3

1.1 What is Traditional Markets?…………………………………………………..3

1.2 What is Digital Markets?………………………………………………………..3

2. Advantages of Traditional Markets.....................................................................5

3. Disadvantages of Traditional Markets.................................................................6

4. Advantages of Digital Markets..............................................................................7

5. Disadvantages of Digital Markets.........................................................................9

6. Conclusion............................................................................................................10

7. References............................................................................................................11

1. Definition on Traditional Markets and Digital Markets

Traditional markets : Traditional marketing refers to considering product, price, promotion and placement before launching a product or offering a service. It is a product-based and company-focused approach to increase branding. city square where traders set up stalls and buyers browse the merchandise. This kind of market is very old, and countless such markets are still in operation around the whole world.

Digital markets : Promoting of brands using all forms of digital advertising channels to reach consumers. This now includes Television, Radio, Internet, mobile, social media marketing and any other form of digital media.

1.1 What is Traditional Markets?

Traditional market is an old market .The marketing myopia is a part of

the traditional market, The market which is a manufacturing oriented.

hear the consumer is not an god for the seller. Now a day also in village

this type of market we can see. Like weekly...