1970 — The first presence of commercial relations was used to transfer data or transmit data between computers.
Michael Aldrich invented the first online shopping.
Originally e-commerce was used as a web to send documents regarding a transaction for commercial purposes… Essentially this was the computer supplying similar functionality to the fax machine for the processing of purchasing forms and invoices.
1980 — Acceptance and automation of receiving credit cards via the telephone and automated teller machines.
The second step was the utilization of “commerce in the network” where electronic payment gateways began to authorize activities related to purchasing with credit cards.
1985 — Nissan UK begins to sell and finance cars
1990 — Growth of the World Wide Web and the implementation of “Web Commerce” platforms.
Tim Berners Lee – writes the first web browser, known as the World Wide Web
Pizza Hut is the first company to create online ordering…
1994 — As the internet began to exponentially grow for the adoption by the general public. General Analysis centered on e-commerce becoming a focal member of the economic sector.
Jeff Bezos creates Amazon.com & Dell and Cisco begin to create B2B commercial solutions for purchasing.
2000 — Commercial terrestrial retail corporations and companies, recognized the emergence of online retailers as competition and began expanding their storefront reach to the e-commerce community.
Today — Is currently a central focus of companies in promoting their products, expanding their reach, and growing their presence.
The flow of goods and services on the internet between the seller and buyer:
1- Money is authorized via the gateway and supporting bank or company.
2- The product is shipped to the individual who purchased the product.
3- The client accepts the product.
4- The seller receives their payment for the good or service.
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BREAK UP INTO GROUPS & ANSWER THESE QUESTIONS
1. DO YOU TRUST PRODUCTS THAT ARE BEING SOLD ON THE INTERNET… WHAT ASPECTS OF A PURCHASE MAKE YOU FEEL MORE OR LESS COMFORTABLE/ SECURE? —
— NAME ATLEAST 3 OF EACH… & BE PREPARED TO DESCRIBE WHY YOU SELECTED IT…
2. WHAT DO YOU FEEL ARE THE ADVANTAGES AND DISADVANTAGES OF SELLING PRODUCTS VIA E-COMMERCE?
— NAME ATLEAST 3 OF EACH… & BE PREPARED TO DESCRIBE WHY YOU SELECTED IT…