2. What is eCommerce?
Buying and selling of products or services via Internet
Faster, cheaper and convenient than traditional stores
Open 24 Hours, No barriers of time and distance
Low operational cost and better quality of services
No geographical limitations, more reach to customers
First introduced in the 1960s via electronic data
interchange (EDI) through VANs
Delivery
3. History of eCommerce
In 1979, Michael Aldrich was inspired to create eCommerce.
He gave the “concept of teleshopping”, today known as
online shopping.
In 1987, With SWREG, Software developers started selling their
product using “Merchant Account”.
In 1990, Tim Berners-Lee wrote the first Web page
editor/browser (“World Wide Web”) and the first Web server
(“httpd“).
4. History of eCommerce
In 1994, Netscape released Navigator browser.
Pizza Hut started online ordering.
In 1995 Jeff Bezos launches Amazon.com and the first
commercial-free 24-hour, internet-only radio stations.
eBay is founded by Pierre Omidyar as Auction Web.
Dell and Cisco begin to aggressively use Internet for
commercial transactions.
In 2002, When money was involved in doing business over
the internet “PayPal” was launched.
5. Estimated U.S. total and e-commerce figures of U.S. retail in the
fourth quarter of 2002 to 2013.
