What’s The Truth About Ecommerce History

The history of Ecommerce started before the first Internet connection. It was in the 1960s when crucial steps were made to pave the way for ecommerce.

The EDI was developed in the 1960s. This means Electronic Data Interchange. EDI is a set of standards for electronic transactions and the exchange of business information. Companies though were still unable to do business with each other because of different EDI formats. In 1984, the ASC x12 became the standard for transferring large transactions electronically and was quickly adapted by businesses who wanted to transact business electronically.

Eight years later in 1992, the first point and click web browser was developed, called Mosaic. Then the first downloadable browser, Netscape, was developed based on Mosaic, and this gave people with Internet access the ability to participate in electronic commerce. This was really the first step in the history of e commerce that lead to the widespread e commerce usage we see today.

The invention of DSL gave users more ease in doing ecommerce and it was in the 1998 Christmas season when the record for most ecommerce sales was made. AOL had a $1B recorded online sales for that same season.

Computer users were given a choice when Red Hat Linux was developed. Consumers now can choose between the reliable open-sourced Linux and Windows. This forced Windows to expand aggressively in their ability to handle ecommerce.

It was in 1999 when Napster was founded and it started out as a site were people can share music files for free and its creation was a huge impact in ecommerce history. As it grew more popular, consumers can now suggest what they wanted to see in the site and in ecommerce. When Aol and Time Warner emrged in 2000, it also merged an established traditional company with a relatively new online company. It was also in 2000 when Yahoo, Amazon.com and Ebay became popular sites. Their popularity made them vulnerable against computer hackers thus creating a need for higher Internet security. This attack made ecommerce history as the push for more secure browser and security features become remarkable.

Traditional companies started adapting for e commerce, and now almost every major retail player has an online presence where it’s easy and convenient to order electronically, like Sears, Wal-Mart and Borders bookstores. In 2001, business-to-business transactions alone accounted for $700 billion dollars changing hands. With more people discovering the convenience of shopping from home than ever, it’s clear that the history of e commerce isn’t a closed book, but will continue to change as online shopping becomes more and more popular.

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