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time. Originally, "electronic commerce" meant the facilitation
of commercial transactions electronically, usually using
technology like Electronic Data Interchange (EDI, introduced in
the late 1970s) to send commercial documents like purchase
orders or invoices electronically.
Later it came to include activities more precisely termed "Web
commerce" -- the purchase of goods and services over the World
Wide Web via secure servers (note HTTPS, a special server
protocol which encrypts confidential ordering data for customer
protection) with e-shopping carts and with electronic pay
services, like credit card payment authorizations.
When the Web first became well-known among the general public in
1994, many journalists and pundits forecast that e-commerce
would soon become a major economic sector. However, it took
about four years for security protocols (like HTTPS) to become
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Some people or a lot of people knows what Web Hosting means, for
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want to have a web site online. If you are planning to have a
web site or already have one web site, then you should ask
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answer all t ..
sufficiently developed and widely deployed (during the browser
wars of this period). Subsequently, between 1998 and 2000, a
substantial number of businesses in the United States and
Western Europe developed rudimentary Web sites.
Although a large number of "pure e-commerce" companies
disappeared during the dot-com collapse in 2000 and 2001, many
"brick-and-mortar" retailers recognized that such companies had
identified valuable niche markets and began to add e-commerce
capabilities to their Web sites. For example, after the collapse
of online grocer Webvan, two traditional supermarket chains,
Albertsons and Safeway, both started e-commerce subsidiaries
through which consumers could order groceries online.
As of 2005, e-commerce has become well-established in major
cities across much of North America, Western Europe, and certain
Understanding the Advantages of Hiring/Using an E Commerce Website BuilderIs your business going well? Or do you think your business is
competitive? Well, if not, then you better think of a good
solution to your problem and maybe one of them is by conducting
business communications and transactions over the networks and
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commerce.
Setting up and managing an online business does have several
advantages over setting up a normal or local business. You can
usually scamper it in union with your present job, your probable
market is larger your primary expenditures are usually smaller
and you can ..
East Asian countries like South Korea. However, e-commerce is
still emerging slowly in some industrialized countries, and is
practically nonexistent in many Third World countries.
Electronic commerce has unlimited potential for both developed
and developing nations, offering lucrative profits in a highly
unregulated environment.
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David TangHistorical Development of Electronic Commerce
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