The history and evolution of E-Commerce

What mean by E-Commerce? How much u all knows about it? Actually, E-Commerce is Electronic Commerce and it is one of the processes of buying, selling, or exchanging products, services and information via computer networks. It is a growing aspect of the business community and used widely by all the community nowadays. It helps to conduct business activities in an easier way as it is ubiquity where it can be used at anyway, anytime, and by anyone. Overall, E-Commerce will be more benefit to community if it can adapt privacy of their customers. Thus, it can provide individuals with more choices and add further depth to the economy.

In the late 1970, E-Commerce allowed business companies and organizations to send commercial documentation, exchange business information and do transaction by electronically. E-Commerce took approximately 4 years to develop the security protocols such as HTTP and DSL which allowed rapid access and a persistent connection to the internet to advance in popularity among the general public in 1994. When come in 2000, E-Commerce began refine by people as the process of purchasing of available goods and services by electronic payment services. These bring convenience to all the users. By the end of 2001, it had around $ 700 billion in transaction of the largest form of E-Commerce, Business-to-Business ( B2B ) model.

There are 5 most famous and largest Worldwide Internet retailers such as Amazon, Dell, Staples, Office Depot and Hewlett Packard are the most famous and largest Worldwide shared together. The most popular categories of products bought and sold in the World Wide Web are music, books, computers,office supplies and other consumer electronics.


Although e-commerce widely use by all the consumers but they still hesitant to use online business because it still have limited guarantees about the privacy of their information and it still have the space to improve the world of business.