E-commerce today is commonly known as a term used for online shopping. Like other emerging technological advancements, e-commerce is also a crucial advancement in the field of business. E-commerce has emerged about 40 years ago. To this day, it is still emerging and introducing new ways of online shopping.
EMERGENCE OF E-COMMERCE
Electronic Data Interchanges and teleshopping in the 1970s paved the way for the modern-day e-commerce store paved its path after electronic data interchanges and teleshopping which was popular in 1970s. The history of the internet and E-commerce are closely related because the internet allowed people to have economic interactions through an electronic network.
The internet was opened to the public in 1991 and after that, it was possible for people to purchase goods and services online. Amazon.com is known as one of the first e-commerce sites in the US to start selling products online. Since the establishment of such sites thousand other online sites also have followed the trend. The convenience, security and user experience that e-commerce provides has attracted people all around the world that it has become so much common and that is why it has improved over the years. The emergence of e-commerce has brought market places to handheld electronic devices like phones, laptops, and tablets.