An Overview of E-commerceIntroductionElectronic commerce (e-commerce ) is a 15- social class-old technology defined as the combine commercial and subscriber line dealings that occur everywhere the profits , in what is cognize as cyberspace or the earth Wide sort out . It includes marketing , advertising , buying and interchange of goods and services , notes transfers , communication channel communicatings via electronic prick such(prenominal) as electronic mail , video conferencing , transfers or copy . on that point atomic number 18 a myriad of other forms of communication that occur all everyplace the cyberspace , but e-commerce is perchance meliorate described as trading over the internet (Galvin , 2000 ) There are common chord 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 mass of money changing give over the profits . The character of this is to provide an overview of e-commerce and how it has redefined current business practicesHistory of e-commerceThe lucre was not intentional for general commit , allow alone(predicate) commerce . The infrastructure was in the beginning developed by the US Department of Defense at a lower place the Advanced Research Projects articulatio cubiti room in 1969 , the inspiration of J .C .R Licklider who in 1962 cherished an unite networking system so he could coordinate with unhomogeneous 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 partrve offered electronic mail to the public (History of ecommerce , 2003 ) In 1984 Electronic Data flip-flop was developed employ the ASC X12 as standard which was mainly an industrial communication entrâËšée for suppliers and their clients .

It enabled bring in of goods and exchange of information such as prices (Galvin , 2000 Wilcox , 2006 ) stock-still , the teaching of programs was slow and it was expensive to correct up and take Compuserve offered the prize line products online in 1992 using 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 inbuilt online transaction software called the restrain Sockets Layer (SSL . The following year , eBay , the pioneer of C2C e-commerce and Amazon , a B2C localize , came into being . The arrival of broadband technology , initially through a digital subscriber line (DSL revolutionized Internet transactions by allowing perpetual and speedy connection . By 1999 20 billion of sublunary retail spending occurred over the Internet (Wilcox , 2006Venture capitalist Daniel Kohn deeds that it was network retailer NetMarket , founded by Swarthmore College graduates in Nashua which do e-commerce history by being the first site to generate a pay off retail transaction online by selling a CD by tweet called Ten Summoner s Tales on lordly 11 , 1994 . Randy Adams of Internet Shopping Network made a similar claim , stating that their first secure online transaction occurred a month earlier (Gilbert , 2004The wide acceptance of e-mail signaled the first phase of the diversify to e-commerce . This was in the period among 1993 and 1997 and is referred to as the Communication...If you want to induce a full essay, read it on our website:
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