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Ecommerce History

January 27th, 2010 David Green No comments

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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The Benefits Of Ecommerce : Learn All The Advantages Of An Ecommerce Business

January 15th, 2010 Frank Wilder No comments

Unlike traditional commerce, Ecommerce has a lot of advantages that made online shopping so popular. Ecommerce is actually simple. It doesn't involve any complicated process. It is simply the means of exchanging goods and services with a corresponding fee with the use of electronic data transfer. Those goods and services may be in the form of downloadable items or items that needs to be shipped physically.

Most people already tried using Ecommerce.Ebay is an example of consumer to consumer Ecommerce. On the other hand an example of peer to peer Ecommerce would be using a file sharing software.

The ecommerce term has been used a lot longer than Ebay or Amazon. The term ecommerce was born in the days when businesses used to exchange information electronically even without the Internet. it was only after Internet's birth did Ecommerce become something that average consumers use.

Sales are increasing as more and more people take advantage of the convenience of Ecommerce. Even traditional stores are taking advantage of Ecommerce by maintaining a website that accounts for a large portion of their revenues.

To bring local businesses to their retail stores, even mom and pop shops have online stores that allow them to sell electronically. A lot of people search and compare items before buying it so not having Internet or an online store is not good at all.

The advantages e commerce offers business makes running an online store a highly desirable thing to do. Not only do you show up in Internet searches for your products, if you've taken care to make sure your search engine rankings are good, but you'll draw local customers as well as long-distance customers who can order your goods or services online regardless of location.

One of these advantages is the ease in changing prices or even entire business structures just by editing some things in your website.These allow merchants to try different online promotions til they found one that works for them.

Its ability to quickly follow trends and adjust sales effort is one of its many advantages over traditional businesses promotional and marketing methods. There's little you can do if print ads or tv commercials are not received well. Banner ads online can be changed or improved immediately. Ecommerce also offers customization to merchants and consumers. You can even have websites designed to offer recommendations to customers based on their last viewed or purchased item. Another advantage of Ecommerce is it gives customer the ability to shop without the queue found in traditional businesses.

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