This is of the definition of "electronic commerce" has changed with time. For one more way of interpreting this, consider checking out: facebook.com/. Initially, "electronic commerce" meant the facilitation of commercial transactions electronically, generally using engineering like Electronic Data Interchange (EDI, introduced in the late 1970s) to send commercial documents like purchase orders or bills electronically.
Later it came to include activities more properly termed "Web commerce" -- the purchase of goods and services over the World Wide Web via safe machines (note HTTPS, a special server protocol which encrypts private purchasing information for customer safety) with e-shopping carts and with electric pay services, like credit card transaction authorizations.
If the Web first became well-known one of the average man or woman in 1994, many journalists and commentators forecast that e-commerce would soon turn into a important economic sector. But, it took about four years for stability protocols (like HTTPS) to become completely developed and widely implemented (throughout the browser wars of this period). Consequently, between 1998 and 2000, a substantial quantity of companies in the Usa and Western Europe produced basic The websites.
While a large number of "pure e-commerce" companies disappeared throughout the dot-com fall in 2001 and 2,000, many "brick-and-mortar" merchants started to include e-commerce capabilities for their Those sites and recognized that such companies had determined important niche markets. To study more, you can check out: consumers. As an example, after the collapse of online grocer Webvan, two old-fashioned store chains, Albertsons and Safeway, both started e-commerce subsidiaries by which groceries could be ordered by consumers online.
At the time of 2005, ecommerce is becoming well-established in major cities across much of North America, Western Europe, and certain East Asian countries like South Korea. If you are interested in the Internet, you will perhaps need to study about facebook.com/swellmarketinginc. However, ecommerce is is almost nonexistent in several Third World countries, and still rising gradually in a few industrialized countries. Browsing To facebook.com/swellmarketinginc/ on-line certainly provides tips you might give to your pastor.
Electronic commerce has unlimited prospect of both developed and developing nations, providing lucrative profits in a very unregulated environment..