The development of the Electronic Data Interchange (EDI) is the history of e-commerce. It is a set of standards developed in the year 1990 to exchange business information and electronic transactions.
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In year 1984, through ASCX12 the Electronic Data Interchange (EDI) was standardized. Mosaic web-browser (first ‘point / click’ browser) was made available in year 1992. It was quickly adapted into Netscape, a downloadable browser, and introduced easier access to electronic commerce. By year 1995, two of the biggest names in e-commerce were launched which is Amazom.com and E-Bay.com.
Another key moment in the development of e-commerce is DSL. It provided quicker and persistent access connection to the Internet. In year 1998, "always on" internet services to subscribers using fast digital subcriber line or DSL was used across California. This prompted people to spend more money, and time, online. By the year 1999, the retail sector was already spending over the Internet $20 billion according to Business.com.
Another key moment in the development of e-commerce is DSL. It provided quicker and persistent access connection to the Internet. In year 1998, "always on" internet services to subscribers using fast digital subcriber line or DSL was used across California. This prompted people to spend more money, and time, online. By the year 1999, the retail sector was already spending over the Internet $20 billion according to Business.com.
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In early 2000, the merger between AOL and Time Warner was another major push for electronic commerce. The merger, worth $350 million, brought together a traditional company with a major online company. Yahoo , e -bay and Amazon's need for improved security came to the forefront in the development of electronic commerce in February 2000. It caused the rise of revenue up until 2006, to grow from 40% to 50% yearly so higher prices will earn more profit. An
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Today, Business-to-Business (B2B), which mean businesses selling their goods to other businesses, is the largest electronic commerce sector on the internet. Second, is Consumer-to-Consumer (C2C) where consumers sell to each other. Another form of e-commerce is Peer-to-Peer (P2P) that allows users to share files and resources directly. Online businesses selling to individuals also will be a large growth area in Business-to-Consumer (B2C) e-commerce. Click here: Electronic commerce aka e-commerce history, Electronic commerce
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Reference(s):
Electronic commerce aka e-commerce history. (March 16, 2008). Retrieved Jan 31, 2011, from http://www.ecommerce-journal.com/articles/electronic_commerce_aka_e_commerce_history
Electronic commerce. (Jan 30, 2011). Retrieved Jan 31, 2011, from http://en.wikipedia.org/wiki/E_commerce
Preetam Kaushik. (Jul 11, 2010). History of E-Commerce. Retrieved Jan 31, 2011, from http://www.suite101.com/content/history-of-e-commerce-a259972.
Electronic commerce aka e-commerce history. (March 16, 2008). Retrieved Jan 31, 2011, from http://www.ecommerce-journal.com/articles/electronic_commerce_aka_e_commerce_history
Electronic commerce. (Jan 30, 2011). Retrieved Jan 31, 2011, from http://en.wikipedia.org/wiki/E_commerce
Preetam Kaushik. (Jul 11, 2010). History of E-Commerce. Retrieved Jan 31, 2011, from http://www.suite101.com/content/history-of-e-commerce-a259972.
1)how many E-commerce can be divided?
ReplyDelete2)Please discuss detail about the Business to Business.
1)6, which is E-tailing or websites with online catalogs,gathering,electronic data interchange and the business to business exchange of data,email and fax,business to business buying and selling, the security of business transactions.
ReplyDelete2)1000 od companies that sell products to other companies have discovered that the web provides not only a 24 hour a day showcase for their products but a quick to reach the right people in a company for more information.