Customers' buying habits are evolving, and merchants' selling techniques are changing as well. Few have made the leap to automated selling, while some still prefer the traditional method of selling by hand.
If you're a seller who wants to learn more about eCommerce automation and how it can improve your selling experience, this article is for you. You will be guided through the manual vs. automated selling process here.
Traditional / Manual Online Selling- A Sneak in the Past
When a trader wishes to automate the trading system, they need to consider various factors like experience, available resources, time, etc. Here’s a detailed list of pros and cons for automated and manual trading systems:
Manual Trading Pros
• Manual trading exposes traders to real-time situations and helps them make prudent trading decisions and gain experience. A trader becomes adept at technical and fundamental analysis.
• Manual trading allows better control of what can be done in a situation.
• It is easy to identify what works in their favor when traders use a manual system of trading. Determining what doesn’t work in their favour helps avoid that in the future.
Manual Trading Cons
• Manual trading is a time-consuming affair. Traders need to conduct intense research and be physically available all the time to place orders and make sure they are executed.
• Manual trading calls for a disciplined mindset. However, traders tend to get emotional and imagine huge profits and make decisions that often go wrong, resulting in losses.
• Manual traders have themselves to blame if things go wrong and are accountable for all their actions.
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