An Overview of E-commerceIntroductionElectronic commerce (e-commerce ) is a 15- socio-economic class-old technology defined as the integrate commercial and subscriber breeze effects that occur everyplace the profits , in what is know as cyberspace or the earth Wide freeing . It includes marketing , advertising , purchase and interchange of goods and services , specie transfers , trading communicatings via electronic dick such(prenominal) as email , video conferencing , transfers or copy . on that point atomic number 18 a myriad of former(a) forms of communication that occur everywhere the cyberspace , but e-commerce is possibly meliorate described as air all over the lucre (Galvin , 2000 ) There are lead basic types of e-commerce : business to consumer (B2C ) and business to business (B2B ) and consumer to consumer (C2C . Among the three types of e-commerce , B2B accounts for the majority of money changing pass over the net profit . The procedure of this is to provide an overview of e-commerce and how it has redefined current business practicesHistory of e-commerceThe net was not intentional for general commit , permit alone(predicate) commerce . The infrastructure was sooner developed by the US Department of Defense under(a) the Advanced Research Projects cubital joint room in 1969 , the inspiration of J .C .R Licklider who in 1962 valued an unite networking system so he could coordinate with assorted post with ease . By 1969 ARPANET , which became the core of the Internet , was connecting the University of atomic number 20 with Stanford lay down . The connections spread out outwards to international networks and in 1979 , Comp workoutrve offered e-mail to the public (History of ecommerce , 2003 ) In 1984 Electronic Data tag on was developed employ the ASC X12 as standard which was mainly an industrial communication entrâËšée for suppliers and their clients .
It enabled tracking of goods and exchange of information such as prices (Galvin , 2000 Wilcox , 2006 ) stock-still , the knowledge of programs was slow and it was expensive to stupefy up and take Compuserve offered the nick line products online in 1992 employ the DEC PDP-11 network procesor , which was easier to use and cheaper to produce By 1994 , Netscape sailing master allowed users to browse the Internet with inherent online doing software called the adept Sockets Layer (SSL . The following year , eBay , the pioneer of C2C e-commerce and Amazon , a B2C situation , came into being . The comer of broadband technology , ab initio through a digital subscriber line (DSL revolutionized Internet transactions by allowing unchanging and speedy connection . By 1999 20 billion of temperamental retail spending occurred over the Internet (Wilcox , 2006Venture capitalist Daniel Kohn yells that it was entanglement retailer NetMarket , founded by Swarthmore College graduates in Nashua which do e-commerce history by being the first site to generate a render off retail transaction online by selling a CD by flummox called Ten Summoner s Tales on wonderful 11 , 1994 . Randy Adams of Internet Shopping Network made a similar claim , stating that their first secure online transaction occurred a month before (Gilbert , 2004The wide acceptance of e-mail signaled the first phase of the qualify to e-commerce . This was in the period between 1993 and 1997 and is referred to as the Communication...If you want to pull in a full essay, give it on our website: Orderessay
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