The History and Evolution of E-Commerce

A Brief History of E-Commerce

The Evolution of E-Commerce

Online buying is becoming very popular today as compared to a decade ago. People now are more confident in online order fulfillment, security of personal data and easier online return options. The online payment process is another significant component in making e-commerce happen. Easier online payment process easier leads to easier shipping process. Once a shipment is at the right track, they can trace where the goods are to make sure the goods are on their way to customers. As youngsters became more computer savvy and adventurous they venture into e-commerce by blogging and selling products especially on women clothings, accessories, shoes and bags are rising.

Nowadays, we can access to the Internet anytime and anywhere using broadband. Once consumers tap into broadband, on-demand services would grow faster and soon people would rely heavily on the Internet to purchase goods. With the new wireless broadband introduced by P1, P1 W1MAX is going to change the way we think about e-commerce.

Web 2.0 also contributes to e-commerce by attracting business people to Web-based networking services can be incorporated into business-oriented electronic partnering tools tailored to the interests of different industry sectors. Now, what is Web 2.0?

Web 2.0

Formed during a "brainstorming" session between Tim O'Reilly and MediaLive International, Web 2.0 is the second-generation of Internet-based services that let people collaborate and share information online in new perceived ways i.e. social networking sites and communication tools.
The picture above illustrates the difference between Web 1.0 and Web 2.0. Web 2.0 is about providing tools that connect between people instead of machines. One of the most highly publicized features of the Web 2.0 era is the rise of blogging. Personal home pages, personal diary and daily opinion column have been around for quite some time. The Internet has become a participatory, interactive medium that behaves more like a conversation than an electronic brochure. We can now share pictures through Flickr, download movies from BitTorrent, express thoughts and feelings through personal blogs and so on.

Related links:

• http://www.ecommercetimes.com/story/40249.html
• http://newmedia.medill.northwestern.edu/courses/nmpspring01/brown/Revstream/history.htm
• http://www.cybertech-pub.com/downloads/excerpts/reference/ecom.pdf
• http://oreilly.com/web2/archive/what-is-web-20.html