History of E-commerce
E-commerce is the acronym that stands for Electronic Commerce in general. It is the practice of buying, selling and marketing of goods or services over an electronic medium. The meaning of electronic commerce has changed over the last 30 years. Originally, electronic commerce meant the facilitation of commercial transactions electronically, using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT).
In the early days, e-commerce was conducted over private networks called Value Added Networks (or VANs) in the form of Electronic Data Interchange (EDI). EDI was basically limited to being used as a form to pass information between two or more companies. Two companies needed to subscribe to the same VAN, the format of messages that could be sent was heavily regulated, and the exchange of money took place outside of the VAN/EDI arena.
E-commerce was introduced in the late 1970s, allowing businesses to send commercial documents like purchase orders or invoices electronically. The growth and acceptance of credit cards, automated teller machines (ATM) and telephone banking in the 1980s were also forms of e-commerce. Besides that, Online shopping was invented in the UK in 1979 by Michael Aldrich and during the 1980s it was used extensively particularly by auto manufacturers such as Ford, Peugeot-Talbot, General Motors and Nissan. From the 1990s onwards, e-commerce would additionally include enterprise resource planning systems (ERP), data mining and data warehousing.
The evolution of e-commerce as following:
The Early Adopter of E-commerce
There is some example of the early adopter of e-commerce which has spent millions in trying to draw online shoppers through their virtual doors. The first early adopter of e-commerce technology that was founded in Malaysia is Pizza Hut. Meanwhile, the other examples of early adopter which founded internationally are Amazon and eBay. Both of them was founded in 1994 and launched in 1995.
What is Web 2.0?
Web 2.0 refers to a second generation of web development and design that facilitates communication, secure information sharing, interoperability, and collaboration on the World Wide Web. Web 2.0 concepts have led to the development and evolution of web-based communities, hosted services, and applications such as social-networking sites, video-sharing sites, wikis, blogs, and etc.
Web 2.0 websites typically include some of the following features/techniques:
References:
E-commerce is the acronym that stands for Electronic Commerce in general. It is the practice of buying, selling and marketing of goods or services over an electronic medium. The meaning of electronic commerce has changed over the last 30 years. Originally, electronic commerce meant the facilitation of commercial transactions electronically, using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT).
In the early days, e-commerce was conducted over private networks called Value Added Networks (or VANs) in the form of Electronic Data Interchange (EDI). EDI was basically limited to being used as a form to pass information between two or more companies. Two companies needed to subscribe to the same VAN, the format of messages that could be sent was heavily regulated, and the exchange of money took place outside of the VAN/EDI arena.
E-commerce was introduced in the late 1970s, allowing businesses to send commercial documents like purchase orders or invoices electronically. The growth and acceptance of credit cards, automated teller machines (ATM) and telephone banking in the 1980s were also forms of e-commerce. Besides that, Online shopping was invented in the UK in 1979 by Michael Aldrich and during the 1980s it was used extensively particularly by auto manufacturers such as Ford, Peugeot-Talbot, General Motors and Nissan. From the 1990s onwards, e-commerce would additionally include enterprise resource planning systems (ERP), data mining and data warehousing.
The evolution of e-commerce as following:
The Early Adopter of E-commerce
There is some example of the early adopter of e-commerce which has spent millions in trying to draw online shoppers through their virtual doors. The first early adopter of e-commerce technology that was founded in Malaysia is Pizza Hut. Meanwhile, the other examples of early adopter which founded internationally are Amazon and eBay. Both of them was founded in 1994 and launched in 1995.
What is Web 2.0?
Web 2.0 refers to a second generation of web development and design that facilitates communication, secure information sharing, interoperability, and collaboration on the World Wide Web. Web 2.0 concepts have led to the development and evolution of web-based communities, hosted services, and applications such as social-networking sites, video-sharing sites, wikis, blogs, and etc.
Web 2.0 websites typically include some of the following features/techniques:
References:
- http://www.ecommerce-journal.com/articles/electronic_commerce_aka_e_commerce_history
- http://en.wikipedia.org/wiki/E-commerce
- http://www.redorbit.com/news/technology/534895/channeladvisor_receives_ebay_star_developer_award_awarded_ebay_early_adopter/index.html
- http://en.wikipedia.org/wiki/Amazon.com
- http://en.wikipedia.org/wiki/Ebay
- http://blogs.zdnet.com/web2explorer/?p=5
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