Ecommerce History
You might not realize it, but the history of e commerce started before the first Internet connection. Things started happening in the 1960s, over 40 years ago, that were crucial steps along the way bringing us to the level of e commerce we have today.
The EDI was developed in the 1960s. This means Electronic Data Interchange. EDI is a set of standards for electronic transactions and the exchange of business information. Companies though were still unable to do business with each other because of different EDI formats. In 1984, the ASC x12 became the standard for transferring large transactions electronically and was quickly adapted by businesses who wanted to transact business electronically.
Eight years later in 1992, the first point and click web browser was developed, called Mosaic. Then the first downloadable browser, Netscape, was developed based on Mosaic, and this gave people with Internet access the ability to participate in electronic commerce. This was really the first step in the history of e commerce that lead to the widespread e commerce usage we see today.
DSL or high-speed Internet let more users take advantage of e commerce with more convenience, with the holiday season of 1998 setting a record of the most e commerce sales until that point. Online sales for AOL during that 10-week Christmas season topped 1 billion.
Red Hat Linux was developed, giving computer users a choice. No longer was Windows the only option, consumers could opt for reliable and open-sourced Linux, instead. Now that there was competition, Windows began expanding its ability to handle e commerce.
In 1999, Napster was founded and though it started as a means for users to share music files for free,it became an important step in the history of ecommerce. As ecommerce become more popular, consumers were given the chance to voice out their opinions. In 2000, Time Warner and AOL merged. By then, Ebay, Amazon.com, and Yahoo became popular sites for ecommerce. Hackers found ways to attack these sites which made higher internet security a necessity. This also pushed for the lobbying of a more secured browser interfaces.
Even traditional companies started having online presence especially now that all major retail players like Wal-Mart Borders, and Sears have included ecomemrce in their means of generating income. $700B worth of business to business transactions changed hands in 2001. Ecommerce has really made online shopping more convenient to consumers and its popularity made it clear that ecommerce’s history is not a done deal yet.
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