ArticlesReader.com Menu

Newest Articles
Most Viewed Articles
ArticlesReader.com RSS
Submit Article
Login
Signup

Search the articles

Articles Main Categories

Advice
Animals
Automobiles
Business
Career
Communications
Computer Programming
Computers
Entertainment
Environment
Family
Fashion
Finance
Food
Health & Medical
Home & Garden
Humor
Internet Business
Internet Marketing
Legal
Leisure & Recreation
Marketing
Other
Politics
Reference & Education
Religion
Self Improvement
Sports
Technology & Science
Travel
Writing

Subscribe

Receive alert message from us when new articles submitted to our site for free.

Syndicate

Related Products

Home::ECommerce

Historical Development of Electronic Commerce

Author : Hanif Khaki

The meaning of the term "electronic commerce" has changed over 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 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 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.

Article Source: http://www.articledashboard.com

David is the leader of a software development team, who developed many types of automation software. One of them is Article Post Robot , www.ArticlePostRobot.com, the software which can post articles to hundreds of article sites and mail lists automatically. Demo is available upon request at help(at)articlepostrobot.com

Spam emails More free articles

More related feeds

Historical Development of Electronic Commerce
The meaning of the term “electronic commerce” has changed over time. Originally, “electronic commerce” meant the facilitation of commercial transactions electronically, usually using technology like Electronic Data Interchange (EDI, ...

Quick money put up the concept of pay
Kwan-that the current maximum payment of the historical development of market opportunities, exists in our country from a cash economy to e-economic changes in the course of this phase will emerge from the huge structural changes, ...

Introduction for e-commerce web hosting
electronic data interchange (EDI), automated inventor management. systems, and automated data collection systems. Historical development of e-commerce web hosting:. electronic commerce when introduced actually meant meant the ...

What Government Bloat Looks Like
Air Force Historical Research Agency Air Force History Support Office Air Force Information Warfare Center Air Force Inspection Agency Air Force Institute of Technology Air Force Legal Services Agency Air Force Materiel Command ...

Encyclopedia of Business & Finance 2 Vol Set
While some articles emphasize the historical development of a topic, others focus on current business activity and conditions. The second edition contains more than 30 new articles, most of them related to technology, ...

e-Talk in 10 October 2008
Existing historical accounts of the park as well as original plans and park records were examined in order to document the historical development and changes that have occurred in Cheesman Park and the Cheesman Esplanade since its ...

Notes on Drucker and McVarish Graphic Design History
The rhetoric of “immateriality” that accompanied the development of electronic tools tended to gloss over a material basis of production that involved real people doing real work in lived conditions. Drucker, Johanna and McVarish, ...

Crime and Criminology
The interpretation of the historical development of criminology , any such history is inevitably a contentious undertaking, entailing theoretical choices and rhetorical purposes as well as the selection and arrangement of historical ...

Such Companies As Emoney, "Mobile Purse" , Belarusian EasyPAy ...
In fact all of them, irrespective of the scale of their activity, write a history of electronic finance development in their own sphere, creating at this the strong base for construction of effective economic system by our descendants.

Federal Grants For Manufacturing
Electronic Code of Federal Regulations: Grants & Awards. Health & Safety. Military & Security ... Subpart B--MANUFACTURING, PROCESSING, DISTRIBUTION IN COMMERCE, AND USE OF PCBS AND PCB ITEMS ... Economic Development Council ...

Historical Development of Electronic Commerce

Related articles