Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

History of E-Commerce

By Peter Wilson Subscribe to RSS | March 7th 2012 | Views:
loading
 
  



Ever since the advent of computer technology, the world has witnessed a significant change in the way industries and businesses function. Just as the Industrial Revolution of 1750 brought about a global transformation in the process of manufacturing, packaging, delivering of finished goods, electronic communication has, too, has influenced the development of the commercial sector.

Computing technology has provided a unique way for businesses to reach out to customers, suppliers, distribution channel, owners, the management, etc. - i.e. every stakeholder in the company. E-Commerce, or Electronic Commerce, provides the customer as well as the seller several advantages over the traditional method of buying and selling. With it, anyone can buy or sell products from across the town, the state, the country, or even the world!

Sitting in the confines of your living room, or bedroom, or even while flying on a business trip, one can book tickets to a movie, rent a car, order a pizza, arrange for a hotel suite, or even order for a delivery of medicines, in case one forgot them at home. E-Commerce utilizes electronic systems such as the Internet and other computer networks for buying and selling of products or services. It depends on technologies as Internet marketing; online transaction processing; electronic funds transfer; electronic data interchange (EDI); supply chain management; inventory management systems; and automated data collection systems, which serve as its backbone for successful functioning.

Electronic Commerce is a facility, in a way, of the World Wide Web and primarily depends on it. At least, in the entire process, electronic commerce will use the World Wide Web at least at one point. Several other technologies such as e-mail, mobile devices and telephones may be and can be involved or used for beginning and completing an E-commerce transaction.

In E-commerce, by and large most commercial transactions are conducted entirely in electronic form for virtual items such as access to premium content on a website. Like specialized email services, web site hosting, web site development, SEO implementation in a web site, etc. However, electronic commerce also involves the transportation of physical items or managing the logistics for a manufacturing or an online retail company. Online retailers are, nowadays, referred to as 'e-tailers' and online retail as 'e-tail'. It can be said that most of the globally renowned brands of retailers now have an electronic presence on the World Wide Web - the Internet.

Electronic commerce may also be undertaken between businesses. It is known as 'B2B' - business-to-business. Electronic commerce involving 2 parties, which are businesses and end consumers is referred to as 'B2C' - business-to-consumer. One must primarily understand that E-commerce involves a buyer and a seller.

The seller can be anyone:

I. A manufacturer of finished goods

II. A manufacturer of unfinished goods

III. A retailer of both types of goods as above

IV. A service provider

V. An end-user / consumer re-selling used products

Just as there are sellers as stated above, there are buyers belonging to such categories as well! And, E-Commerce bridges the gap between all these people who want something and organization that have something to offer.

Peter Wilson - About Author:
WSI Digital Web is an experienced organisation with years of experience in building numerous Ecommerce Northern Ireland websites. For more ideas for implementing Ecommerce Website Design Northern Ireland region web pages, visit the WSI Digital Web.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/e-commerce-articles/history-of-e-commerce.htm

Related E-Commerce Articles Subscribe to RSS

How to get success in online business through the best website design
Published by Gagan on April 18th 2012 | Internet Business
Success is very peaceful and positive word that brings tone of happiness for everyone. You feel comf...
 
Advantages of Octashop that helps in ecommerce businesses
Published by Sanchita Kumari on June 14th 2012 | E-Commerce
Octashop is a great organization that creates new channel for online businesses. It helps to reach b...
 
Operations of Octashop needed for ecommerce businesses
Published by Sanchita Kumari on June 18th 2012 | E-Commerce
Octashop offers end to end managed e commerce services to various companies. This IT Company has wor...
 
Octashop – the complete platform for ecommerce
Published by Sanchita Kumari on May 16th 2012 | E-Commerce
Octashop is a perfect ecommerce platform which has helped many companies to run their business succe...
 
Octashop enables ecommerce Eco system
Published by Sanchita Kumari on May 15th 2012 | E-Commerce
OctaShop is the most successful 360 degree online ecommerce solution. It provides quality solutions ...
 
Webshop is the demand for today’s web design
Published by Terrypa Sencio on January 21st 2012 | Internet Business
Internet is growing tremendously. The ease and comfort of internet shopping has been attracting peop...
 
Web design York – the deciding factors
Published by Julia Roger on December 15th 2011 | Internet Business
If you are looking for web design York or any other place up and down the UK then you want to ensure...
 
Advertising agency of New Jersey Offers Logo and Web design
Published by John Seo on March 19th 2012 | E-Commerce
New Jersey Advertising Agency is a one-stop shop providing quality services at affordable prices. It...
 
How to choose the best ecommerce software for my business?
Published by Arun Zazen on January 15th 2012 | E-Commerce
One needs to keep few criteria while selecting an ecommerce software for setting up online store....
 
The important advantages of having shopping cart software for your ecommerce site
Published by Glen Jones on January 11th 2012 | E-Commerce
Any effective ecommerce website is incomplete without a fine shopping cart. You are supposed to be v...
 
Well planned order management system of Octashop for ecommerce platform
Published by Sanchita Kumari on May 31st 2012 | E-Commerce
Octashop is a well managed company that provides business solutions to run online business smoothly ...
 
Facts to be considered while selecting an eBay store design:
Published by ZestTech Solutions on May 26th 2012 | E-Commerce
At present, most of the people prefer to do online business as compared to the offline one. Internet...
 
Octashop offers the right shipping fulfillment services for ecommerce businesses
Published by Sanchita Kumari on June 7th 2012 | E-Commerce
Octashop is a reputable IT company which has helped many online businesses to reach huge success. It...
 
Hiring a high skilled ecommerce web design is a must for your online store?
Published by Glen Jones on December 31st 2011 | E-Commerce
Designing an eCommerce website is dissimilar from any other kind of website in myriad ways. The desi...
 
Functionalities of Octashop required for ecommerce businesses
Published by Sanchita Kumari on May 22nd 2012 | E-Commerce
Octashop is one of the leading companies which provide path breaking solutions to new age businesses...
 
PHP Developers the Best Option to Develop and Maintain your Magento ecommerce Shop
Published by James Joseph on January 16th 2012 | E-Commerce
A Magento platform can offer numerous benefits when you have an eCommerce shop and while this is the...
 
Core modules provided by Octashop for ecommerce businesses
Published by Sanchita Kumari on June 7th 2012 | E-Commerce
Octashop is an end to end managed ecommerce solution helping lots of companies to reach at high leve...
 
Cost Effective Solution to PHP programming and Web design development
Published by Sitikantha Pattnaik on January 9th 2012 | Internet Business
Today in web design development services PHP programming is playing a great role, which permits user...
 
How to get best ecommerce solution for your online business
Published by Sanchita Kumari on May 23rd 2012 | E-Commerce
Are you thinking to launch your own online business? For this, you need to get best ecommerce soluti...
 
Octashop - a perfect ecommerce data management solution
Published by Sanchita Kumari on May 11th 2012 | E-Commerce
Octashop is a well managed ecommerce company. This organization has been for eight years and working...