History of electronic commerce or eCommerce

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subornaakter20
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Joined: Mon Dec 23, 2024 3:44 am

History of electronic commerce or eCommerce

Post by subornaakter20 »

Undoubtedly, in order to begin to tell the story of electronic commerce or eCommerce we must tell you the story of the birth of the Internet. The first step towards electronic commerce was taken at the end of 1970, when companies and business organizations were allowed to send commercial documents electronically.

E- commerce began to emerge in 1991, when the Internet was opened to commercial use. While the Internet became very popular by this year when it reached the general public, it took healthtrax corporate email list approximately four years to create the security protocols that would allow for rapid access and a permanent connection to the Internet.

Amazon's influence on eCommerce
With the birth of Amazon in 1994, whose bet was much more ambitious than many other businesses that were already on the web, offering significantly more products to users, e-commerce was officially inaugurated. It was founded by Jeff Bezos and was one of the first American e-commerce companies to sell products over the Internet.

It was in the year 2000 that many companies in the United States and Western Europe presented their services on the World Wide Web. From this moment on, Internet users began to recognize the term electronic commerce or eCommerce.

But as a newbie in the field, in 2000 there was a strong collapse of the .com and Amazon was not spared from it. It lost its position as a successful business model, however, in 2003 the company made its first annual profit, which was the first step towards its development.

Since then, many companies have recognized the advantages of e-commerce and have begun adding these capabilities to their websites. For example, after the online grocery store Webvan went bankrupt, two supermarket chains, Albertsons and Safeway, began using e-commerce to enable their customers to shop online.
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