What is e·Commerce?
Are you selling or planning on selling products online? If so, welcome to the world of e·Commerce. You are joined by millions of entrepreneurs who are all doing business transactions online selling physical products. The first transaction ever made that could be categorised as an e·Commerce trade, was made back in the 60s via an electronic data interchange (EDI) on value-added networks (VANs) — See more at: What is e·Commerce? Since then many companies and entrepreneurs have joined the trade and thanks to the increased availability of internet access and the advent of popular online sellers in the 1990s and early 2000s.
Amazon began operating as a book-shipping business in Jeff Bezos’ garage in 1995. EBay, which enables consumers to sell to each other online, introduced online auctions in 1995 and exploded with the 1997 Beanie Babies frenzy.
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