Compared to traditional goods, digital goods have: a. greater pricing flexibility.
What is price?
Price can be define as an amount of money which is primarily set by the seller of a good (product), and it must be paid by a buyer to the seller, so as to enable the acquisition of this good (product).
What is e-commerce?
E-commerce is also referred to as an online sale and it can be defined as a business model which is designed and developed to involve the buying and selling of digital goods (products) over the Internet.
In compared to traditional goods, we can infer and logically deduce that all digital goods are characterized by the following:
- Greater pricing flexibility.
- Lower distribution costs.
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