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History of e-commerce can be track back to the very existence of computers, cables, modem, Internet and transactions. E-commerce would not be functional without any of them. Then, Electronic Data Interchange (EDI) was developed. In the first place, EDI was intended for the use to exchange business information or documents and execute commercial transactions electronically. However, EDI was not standardize causing poor interaction between companies. When ASC X12 was introduced in 1979, EDI became stable and reliable in transferring large amounts of transactions.
The development of security protocol such as DSL was also an important key element in the e-commerce. It allows rapid access and persistent connection to the Internet. Hence, enhancing the ability of the Internet. In 1992, Mosaic was introduced as the first widely distributed web-browser. It was quickly adapted into a downloadable browser called Netscape. Netscape included an important security protocol called Secure Socket Layer ( SSL) to ensure that personal information could be encrypted as they passed over the Internet.
Since then, people began to define the term e-commerce as the process of purchasing of available goods and services over the Internet using secure connections and electronic payment services. Two major companies which is Amazon and Ebay certainly brought e-commerce to a higher level in the mid-1990s.
Amazon is one of the most famous e-commerce companies founded by Jeff Bezos in 1995. Within its first 30 days of business, Amazon sold books to online shoppers all over the United States. Users could easily and safely purchase books and provided with the option to review the book. Now, Amazon not only offers purchase of books but has expanded into providing music, electronics, toys, home and garden equipment, clothing, jewelry, video games and digital downloads.
eBay was developed when Pierre Omidyar curiously put up a broken laser pen for auction on his website called AuctionWeb. The broken laser pen was actually sold for $14.83, bought by a collector of broken laser pen. eBay enables customer to customer transactions through the Internet.
Today, users can actually find anything they want through the Internet without stepping out of their home. E-commerce has evolved from simply online billboards to a fully functional, personalized shopping experience over the past decades.
Here's a video about E-commerce Evolution. Hope you enjoy.
References:
The development of security protocol such as DSL was also an important key element in the e-commerce. It allows rapid access and persistent connection to the Internet. Hence, enhancing the ability of the Internet. In 1992, Mosaic was introduced as the first widely distributed web-browser. It was quickly adapted into a downloadable browser called Netscape. Netscape included an important security protocol called Secure Socket Layer ( SSL) to ensure that personal information could be encrypted as they passed over the Internet.
Since then, people began to define the term e-commerce as the process of purchasing of available goods and services over the Internet using secure connections and electronic payment services. Two major companies which is Amazon and Ebay certainly brought e-commerce to a higher level in the mid-1990s.
Amazon is one of the most famous e-commerce companies founded by Jeff Bezos in 1995. Within its first 30 days of business, Amazon sold books to online shoppers all over the United States. Users could easily and safely purchase books and provided with the option to review the book. Now, Amazon not only offers purchase of books but has expanded into providing music, electronics, toys, home and garden equipment, clothing, jewelry, video games and digital downloads.
eBay was developed when Pierre Omidyar curiously put up a broken laser pen for auction on his website called AuctionWeb. The broken laser pen was actually sold for $14.83, bought by a collector of broken laser pen. eBay enables customer to customer transactions through the Internet.
Today, users can actually find anything they want through the Internet without stepping out of their home. E-commerce has evolved from simply online billboards to a fully functional, personalized shopping experience over the past decades.
Here's a video about E-commerce Evolution. Hope you enjoy.
References:
- History of Ecommerce. Retrieved June 13, 2009, from http://www.ecommerce-land.com/history_ecommerce.html
- How E-commerce Started. Retrieved June 13, 2009, from http://communication.howstuffworks.com/history-e-commerce1.htm
- History. Retrieved June 13, 2009, from http://www.flysyk02.netfirms.com/Ecommerce/History.htm
information is clearly and easy to understand... what a pretty good job.. buck it up frenzz
Now days Ecommerce is the best way to selling a products in online. And its one of the best and low cost mediums to reach out to new markets. Thanks for your wonderful sharing.
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