Traditional Commerce
Traditional commerce refers to the conventional business model where commercial transactions occur in physical, brick-and-mortar settings, such as retail stores, markets, or offices. It involves face-to-face interactions between buyers and sellers, with tangible goods and services exchanged through in-person payment methods like cash or credit cards. This model relies on physical infrastructure, local supply chains, and traditional marketing channels like print ads or billboards.
Developers should understand traditional commerce when building systems that integrate with or support physical retail operations, such as point-of-sale (POS) systems, inventory management, or hybrid e-commerce solutions. It's essential for projects involving legacy business processes, supply chain logistics, or digital transformation initiatives where online and offline channels merge. Knowledge of this concept helps in designing user experiences that bridge physical and digital commerce, like in-store pickup or loyalty programs.