| The Truth About The History Of E Commerce |
| Written by David Green | |||
| Wednesday, 20 January 2010 08:16 | |||
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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.
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. In 1992, Mosaic, the first click web browser was developed. Netscape, the first downloadable browser based on Mosaic was also developed which gave people Internet access and participate in electronic commerce. This is what paves the way in the history of ecommerce that lead to the widespread usage of ecommerce today. DSL or high speed Internet has allowed users to take advantage of ecommerce with more convenience. It was in the holiday of 1998 when ecommerce sale had its highest record. The online sales for AOL during the 10-week Christmas season reached $1B. 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. It was in 1999 when Napster was founded and it started out as a site were people can share music files for free and its creation was a huge impact in ecommerce history. As it grew more popular, consumers can now suggest what they wanted to see in the site and in ecommerce. When Aol and Time Warner emrged in 2000, it also merged an established traditional company with a relatively new online company. It was also in 2000 when Yahoo, Amazon.com and Ebay became popular sites. Their popularity made them vulnerable against computer hackers thus creating a need for higher Internet security. This attack made ecommerce history as the push for more secure browser and security features become remarkable. Traditional companies started adapting for e commerce, and now almost every major retail player has an online presence where it's easy and convenient to order electronically, like Sears, Wal-Mart and Borders bookstores. In 2001, business-to-business transactions alone accounted for $700 billion dollars changing hands. With more people discovering the convenience of shopping from home than ever, it's clear that the history of e commerce isn't a closed book, but will continue to change as online shopping becomes more and more popular. Information: Learn how to start your own ecommerce business with niche blueprint, visit my niche blueprint review website now.
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