The History and Evolution of E-commerce

Nowadays, e-commerce have become very important as part of our lives. Most of us make business transactions online on such a regular basis that it is difficult to imagine a time when you were not able to do so. Despite this, the history of e-commerce is actually a relatively short history. It began less than fifty years ago and its humble beginnings look nothing like the kind of electronic business transactions that we see today. Even up until the 1990’s, online business wasn’t a reality for the average person.

E-commerce mean the buying and selling of goods and services over the Internet. The development of electronic commerce (E-commerce) has change over the time. Preliminary, it refers to any commerce that takes place electronically. This includes ATM and credit card transactions as well as the ability to do billing and invoicing through electronic methods. it took hold until the late 1970's and grew steadily throughout the 1980's. During this time, many people started to use credit cards on a regular basic and that set the foundation for e-commerce to get a toehold in society. From the 1990 year onwards, electronic commerce would additionally include enterprise resource planning systems (ERP), data mining and data warehousing.

In 1995, Amazon and eBay were launched and really to start their business through out the Internet. Both eBay and Amazon paved the way for today's e-commerce merchant. Consumers can buy almost anything online, including shoes, home goods and even a real shark's tooth.

Until now, e-commerce has become wide known by everyone. Most of the student of the University and College has the need to learn to e-commerce as it is important to improve out knowledge. Just like my University—University Tunku Abdul Rahman, the E-commerce is one of my main subject in this semester. So, it is necessary for everyone to learn it.

For some information, this is the video of the e-commerce for evolution. http://www.youtube.com/watch?v=LW4X3b_j0eE