What are the characteristics of traditional trading methods?

Tradition of transaction process: in the traditional market economy activities, transactions between transaction actors are generally realized in the traditional way, that is, metal currency and paper money are used as the media, characterized by physical transactions and on-site transactions, and at the same time, documents are used for transactions. These traditional trading methods now seem inefficient and costly, and the means and media they rely on belong to non-electronic goods.

Regionality of trading scope: Market trading in the traditional mode is also reflected in the regionality of trading activities and trading markets. Regionality is reflected in the traditional trading process. Due to the limitation of trading means, market trading activities are mainly carried out in different regions. Although there are a large number of cross-regional market transactions, the limitations of means limit the possibility of further expansion.

Multi-link transaction: due to the limitation of trading means and trading forms in traditional market transactions, goods can only be delivered to the final customers with the help of middlemen, and only middlemen can make up for the spatial distance between enterprises and customers.

This is our homework. Zhixiong Xu