E-commerce occupies a particularly important place in modern business and everyday life of mankind. This phenomenon, covering the sale of goods and services via the Internet, has a long and fascinating history.
In recent years, we have increasingly made purchases online using smartphones and computers. And since e-commerce is of great interest to both entrepreneurs and consumers, https://dinarys.com/ was created specifically to meet the needs of users, who know all the intricacies of e-commerce.
Evolution Of E-Commerce
To understand how we came to such widespread use of e-commerce, it is necessary to look at its history, which goes back to the 1970s, namely:
1. 1970s – 1980s. This is the earliest era of e-commerce development, when the first systems for exchanging data between companies over the network appeared, then Electronic Data Interchange (EDI) technology was designed, which allowed organizations to exchange documents and orders electronically.
In the early 1980s, one of the French companies began to offer online sales services through its terminals, which became one of the first examples of e-commerce.
2. 1990s. During this period, the first program for creating websites was launched, the first online purchase was made, when users were able to buy CDs with music recordings. Then the first safe and reliable method of transmitting information over the Internet using encryption appeared, which became the foundation for online transactions. It is also important to mention that during this time, Amazon and the eBay website were founded, which became the first online auction site, offering consumers the opportunity to sell and buy goods.
3. 2000s. This period of time saw the heyday of e-commerce, when it began to develop and grow rapidly. New technologies, such as secure data transfer protocols (for example, HTTPS), significantly contributed to the increase in user trust in online shopping. At the same time, platforms for creating online stores, such as Shopify, began to appear, which made it possible for small businesses to enter the distribution market.
4. 2010s. This time was the beginning of the use of mobile commerce (m-commerce), when consumers began to actively use their smartphones and other gadgets for shopping using various applications and loyalty programs. Facebook and Instagram began to integrate shopping functions, and artificial intelligence and machine learning began to be implemented to personalize the user experience.
5. 2020s. With the advent of the COVID-19 pandemic in 2020, e-commerce has received a new impetus for growth. Restrictions on traditional stores have led to the fact that a huge number of entrepreneurs were forced to switch to online trading. Today, we are witnessing an extremely rapid development of e-commerce. The B2B (business-to-business) and B2C (business-to-consumer) spheres continue to grow rapidly, including the use of augmented reality (AR) to improve the shopping experience, the implementation of blockchain technologies to increase transaction security, and the development of subscription services.
Today, e-commerce is one of the fastest growing and most active industries that continues to evolve. It is worth noting that success in this industry requires unusual thinking and a willingness to transform. The future of e-commerce promises to be even more exciting and revolutionary, with new opportunities for businesses and users.