The history and evolution of E-Commerce
Electronic Commerce commonly known as electronic marketing or e-commerce. E-commerce consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. E-commerce uses paperless exchange of business information using electronic data interchange (EDI), e-mail, electronic bulletin boards, fax transmissions, and electronic funds transfer.The amount of trade conducted electronically has grown extraordinarily with the widespread of Internet usage. Modern e-commerce typically uses the World Wide Web (known as www) at least at some point in the transaction's lifecycle. The concept of e-commerce is all about using the Internet to do business better and faster. It is about giving customers controlled access to your computer systems and letting people serve themselves. It is about committing your company to a serious online effort and integrating your Web site with the heart of your business. If you do that, you will see results!
History of Electronic Commerce
a) Early development
In the beginning the Earth was without form, void and darkness was on the face of the deep. Telegraph (demonstrated in 1844) spread with the railroads in the mid 1800’s. This can be seen through the wire transfer of funds (backed by physical transit later on by Express), the promise of goods and of payment, and, so forth.

History of ecommerce dates back to the invention of the very old notion of “sell and buy”, electricity, cables, computers, modems, and the Internet. The trading of goods has been a major drive of human survival since the beginning of recorded history and beyond. The mass adoption of Internet has created a paradigm shift in the way businesses are conducted today. The past decade has seen an emergence of a new kind of commerce, the buying and selling of goods, through human-computer interaction over the Internet. Today, the line between e-commerce and traditional commerce is becoming more blurred as more businesses start and continue to integrate the Internet and e-commerce technologies into their business processes.
a) Timeline
1. 1990: Tim Berners-Lee writes the first web browser, World Wide Web, using a NeXT computer.
2. 1992: J.H. Snider and Terra Ziporyn publish Future Shop: How New Technologies Will Change the Way We Shop and What We Buy. St. Martin's Press. ISBN 0312063598.
3. 1994: Netscape releases the Navigator browser in October under the code name Mozilla. Pizza Hut offers pizza ordering on its Web page. The first online bank opens. Attempts to offer flower delivery and magazine subscriptions online. Adult materials also becomes commercially available, as do cars and bikes. Netscape 1.0 is introduced in late 1994 SSL encryption that made transactions secure.
4. 1995: Jeff Bezos launches Amazon.com and the first commercial-free 24 hour, internet-only radio stations, Radio HK and NetRadio start broadcasting. Dell and Cisco begin to aggressively use Internet for commercial transactions. eBay is founded by computer programmer Pierre Omidyar as AuctionWeb.
5. 1998: Electronic postal stamps can be purchased and downloaded for printing from the Web.
6. 1999: Business.com sold for US $7.5 million to eCompanies, which was purchased in 1997 for US $149,000. The peer-to-peer filesharing software Napster launches. ATG Stores launches to sell decorative items for the home online.
7. 2000: The dot-com bust.
8. 2002: eBay acquires PayPal for $1.5 billion. Niche retail companies CSN Stores and NetShops are founded with the concept of selling products through several targeted domains, rather than a central portal.
9. 2003: Amazon.com posts first yearly profit.
10. 2007: Business.com acquired by R.H. Donnelley for $345 million .
11. 2008: US E-Commerce and Online Retail sales projected to reach $204 billion, an increase of 17 percent over 2007.
Evolution of Electronic Commerce
E-Commerce was birth out of the World-Wide-Web (WWW). Although many people use the terms WWW and Internet interchangeably, the WWW is just one of the many services available on the Internet. The aspect of the WWW actually is a relatively new aspect of the Internet. While the Internet was developed in the late 1960s, the WWW came into existence more than a decade ago - in the early 1990s. Since then, it has grown phenomenally to become the most widely used service on the Internet. The Web has made online shopping possible for many businesses and individuals. Now, even banks have been using electronic funds transfer (EFT, also called wire transfer), which are electronic transmissions of account exchange information over private communication networks.

Businesses also have been engaging in a form of electronic commerce, known as electronic data interchange, for many years. Electronic Data Interchange (EDI) occurs when business transmits computer-readable data in a standard format to another business. In the 1960s, businesses realized that many of the documents they exchange related to the shipping of goods - such as invoices, purchase orders, and bills of lading - and included the same set of information for almost every transaction. They also realized that they were spending a good deal of time and money entering these data into their computers, printing paper forms, and then re-entering the data on the other side of the transaction. Although the purchase order, invoice, and bill of lading for each transaction contained much of the same information such as item numbers, descriptions, prices and quantities - each paper form had its own unique format for presenting that information. By creating a set of standard formats for transmitting that information electronically, businesses were able to reduce errors, avoid printing and mailing costs, and eliminate the need to re-enter the data.
Related Links:
History websites
1. http://en.wikipedia.org/wiki/Electronic_commerce
2. http://www.flysyk02.netfirms.com/Ecommerce/History.htm
3. http://www.ecommerce-land.com/history_ecommerce.html
Evolution websites
1. http://www.youtube.com/watch?v=LW4X3b_j0eE – source from sandeepchagger
2. http://www.klein.com/dvk/publications/ecommerce.ppt
Saturday, June 20, 2009 | Labels: Evolution of E-Commerce, History of E-Commerce | 1 Comments
About - Mei Yee -
My name is Chiang Mei Yee. Currently I’m studying in University Tunku Abdul Rahman (UTAR) which is located in Sungai Long. This is the third year in UTAR. I major in Accounting. This is my 1st time writing a blog about myself. I’ve never write a blog before. In my perception a blog is where people write about their problems and also expressing their own feelings not writing about themselves.
What about myself? I am a girl that really can fool around when I am with my close friends. This the time where I really play and be myself. It does not happen when I am studying. Besides, I like to mix around with different types of people. People tend to notice that there is a difference when they 1st know me and after knowing me. I love to go for a vacation during my semester break. This is the time when I really can relax my mind and have no worries about my studies. It is also another way to motivate myself to work harder for the next semester. There is one thing that I enjoy doing, which is, cooking. Cooking can be considered as one of my hobby. Besides, it is also one of the ways I express my feelings. Whether I am happy or sad, I’ll express it through cooking. I enjoy seeing my family eats the food I cook for them. I cook whenever I am free. Other than that, I like to spend time with my family during the weekend.
The top 5 websites that I visited the most are:
1) http://www.google.com.my/
Google is like a garbage in and garbage out website where I can obtain whatever information I need. It is a user-friendly website. Whenever I need to search for information, google will be my best choice. Just type in whatever you want to search and the information needed will be displayed.
2) http://www.facebook.com/
Lately, I found a new website that is facebook. I often visit this website also. Facebook enable me to connect with my friends easily, that is through online conversation. Furthermore, there are a lot of games like pet society, restaurant city and lot more.
3) http://www.chrunchyroll.com/
I love to watch Korean and Taiwan drama. Crunhcyroll is my choice of watching Korean and also Taiwan drama. They have the latest drama you need. Just name it!!! Whenever I am free I will spend my time watching dramas.
4) https://iveette.blogspot.com/
Iveette blogspot is one of my best friend’s website. Both of us are far apart and one of the ways to know what her current condition is through her blogs. Although we don’t chat much but we know each other conditions through msn and also her blogs.
5) http://www.zedge.net/
Not only that I also enjoy downloading themes from zedge.net. There is variety of categories themes which I get to download. I love to have a lot of themes inside my handphone. I will not get boring with latest themes.
The top 5 internet activities that I always do are:
1. Chatting with friends using facebook and also Windows Live Messanger (MSN).
2. Sign in yahoo to check my emails.
3. Open PPStream to watch online drama without any lagging.
4. Open TTPlayer to listen to songs and also understand the meaning of the lyric.
5. Read news through CNN or TheStarOnline to know what is happening to the world at outside
Thursday, June 18, 2009 | Labels: Self-introduction | 3 Comments
About - Seok Fen -
Hi everyone, I am seok fen. I was born in Kuala Lumpur. Currently I am taking my degree at Utar Sg Long, main in Accounting. I like white colour very much. Number 30 is my lucky number. I am especially interested in watching movie. It is an amusement during my leisure time. I like to cycle and play badminton with my cousin in my spare time. I will back to home every weekend because when schooling, I stay at hostel. As a result, gathering and chatting with my family on weekend is the most enjoyable moment in my life. Family is the most important in my life. However, I am an emotional people, sometimes when I was moody, my family will be the one that I can released all my feeling to them. They forgive me with all my wrongdoing, but then I felt sorry with what I done with them especially when I talk loudly to them. I try to control my emotion to become a people with high EQ. Besides that, got one thing that always obsession me, that is my eyes dark circle problem. It is born inherent. But since I sleep very late very often, as a result, it becomes more serious. That why, I have a pair of panda eyes.
The top 5 websites that I visited the most are:
1) http://www.facebook.com/
This website brings me to connect with my primary and secondary schoolmates and also college friends. I felt grateful for that. Besides that, there are many applications to play on facebook. It is very useful to me when I felt bored. In addition, I can know a lot of friends from different country and know about their culture. It is quite interesting.
2) http://www.hotmail.com/
This is the place where I can check all my electronic mail that sent by my friends. I have received many different types of e-mail such as horror, funny, comedy, romantic, meaningful, informative and etc. I can also know some general knowledge about our life through checking the e-mail.
3) http://wble.utar.edu.my/
wble is known as Web Based Learning Environment. All my subjects will be uploaded at there by the lecturers. So, as a student, I need to surf this website very often to download all the lecture notes and tutorial questions. There are no spoon feed anymore because we are an adult already. As a result, I need to be independent and download them by myself.
4) http://www.google.com/
I can find all the information that I needed through this website. It is very easy as I just have to type the keywords under search engine there and all the relevant result will be available for me. It is very convenient and time saving.
5) http://www.gougou.com/
I visit this website to download all my favorite songs especially jay chou’s song. I like his singing very much and I find that he is a very talented people. He knows to play different types of music instruments. All the latest songs are available in this website.
The top 5 internet activities that I always do are:
1) Chatting with friends using the Windows Life Messenger.
2) Open facebook to play games and see other people’s profile.
3) Open PPStream to watch drama through online.
4) Update my antivirus software every day.
5) Surf the relevant website to find journals and articles.
Internet is one of the great inventions from people. It helps us a lot. No matter where we are, where we from, we can connect with each other by using internet. Nowadays, people cannot live without internet. It has become an important part in our life.
Wednesday, June 17, 2009 | Labels: Self-introduction | 7 Comments
About - Hui Jing -
Hello everyone! Welcome to our blog. I am Hui Jing and was born on the 9th November 1988. That makes me 21 this year and a Scorpio. I come from Penang which was known as Prince of Wales Island. It is a wonderful state in Malaysia and also a home to many great tourist attractions. Penang is famous with beaches, temples, heritage, flora & fauna and of course delicious food. I miss my CharKoayTeow, Hokkien Mee, Laksa so much .. Haha !!
I am currently pursuing my final year in Bachelor of Commerce (Hons) Accounting at University Tunku Abdul Rahman, Sg Long campus. After receive my degree I will take the ACCA. There is no particular reason, just everyone tells me that accountant with ACCA qualification can make a lot of money. Muahaha ~
Internet is a very important part of my life. I am a Korean hit. My favourite korean artist are dong bang shin ki, super junior,BoA,SNSD all SM town family, 2pm and so on. Everyday I will look for their latest news and download their latest stuff. I like to watch korean drama and HK drama so much. I will always keep myself up-to-date with all these. I can’t live without internet and my laptop .. Definitely .. Haha !! Other than, what I will do during my free time is just sleep and eat ~~
TVXQ 
SJ
BoA 
SNSD
The top 5 websites I visited the most:
1) tvxqfamily (http://www.tvxqfamily.com/bbs/index.php). TVXQ or Dong Bang Shin Ki is my favourite Korean artist. In this forum I can update myself with their latest news, can download their latest songs and photos and also know many others Cassiopeia (fans of TVXQ) from all over the world. Besides that, as I am obsessed with Korean hit, I can download other Korean artist stuff from this websites too.
2) ‘BaoLanGe’ (http://sjbluecn.ifensi.com/index.php). This is the forum of Super Junior whose also one of my favourite Korean group. I can get their latest news and download many other Korean variety shows and music shows from here.
3) Youtube (http://www.youtube.com/). I can upload and share the videos with the world and watch the latest music video, movie trial in the first time. I also able to look for the old video, music and show in youtube.
4) Facebook (http://www.facebook.com/). It helps me to connect with my friend and also provides a lot of games, quiz and application that can play and interacts with all of my friends.
5) Googles (http://www.google.com/). It is the most common searching tool and it provides all the information I wish to know. It is especially important for me in order to complete all the assignments.
The top 5 internet activities :
1) use msn chat with my friends & family
2) open facebook play games, quiz and look for friends updates
3) go to forum chat and download songs and show
4) visit baidu to read news and read on the novel wrote by China friends
5) google ~~ search for anything
Tuesday, June 16, 2009 | Labels: Self-introduction | 5 Comments
About - Pei Yee -
Hello everyone. When you step into G14 and if you heard people calling “ Ah Geh “, it is me. Actually my name is Pei Yee, but most of the time my friend will only call me “Ah Geh” as Geh is my surname. I was born and raised in the beautiful country of Malaysia and my hometown is Butterworth which is in the state of Penang. I am majoring in Accounting. Currently I am studying in UTAR Sg Long. This is my final year here. I am going to graduate with a degree in accounting in a year time. I like to watch drama, listen to music and watch Korean variety shows. Normally I only listen to Korean songs. I am a KPOP fan. I like Korean artist very much especially TVXQ! and Super Junior. Besides that, I also like Rain, BoA, Big Bang, SHINee, 2AM, 2PM, Wonder Girls, SNSD and so on. All of them are Korean artists. I will go online everyday to read about the news of the artists whom I like and download the music, drama and variety shows.

The top 5 websites that I visited the most are listed below:
1. http://www.tvxqfamily.com/bbs/ [TVXQFamily]
This is TVXQ!’s forum in China. I always visit this forum to get the latest news of TVXQ! , download the variety show of TVXQ! and chat with Cassiopeia in China. (Cassiopeia are the fans of TVXQ!)
2. http://sjbluecn.ifensi.com/index.php [SJBlueCN]
This is Super Junior’s forum in China. I always visit this forum to get the latest news of Super Junior, download the variety show of Super Junior and chat with the E.L.F in China. (E.L.F are the fans of Super Junior).
3. http://bbs.kanhanguo.com/ [KANHANGUO]
This is the forum for all the KPOP fans in China as well. I always visit this forum to get the latest news of other Korean artists and also download the latest Korean music and variety show. (KPOP stands for Korean Pop)
4. http://www.tskscn.com/ [TSKSCN]
I always visit this forum because I can download all the latest Korean drama with Chinese subtitle here.
5. http://www.cyworld.com.cn/main/ [CYWORLD]
I always visit this website as my mini home is located here. Besides that, I can also leave message in the mini home of the artist I like and they will read it.
The top 5 internet activities that I always do are listed below:
1. Go to the forum and chat with all the fans.
2. Open Windows Live Messenger and chat with my friends.
3. Open TVANTS and watch the Korea TV Channel Live. ( TVANTS is the software where we can watch most of the TV channel all around the world live.)
4. Go to my mini home and update my diary.
5. Go to Facebook and play games.
My life will be bored without internet. That is the reason why I will go online every day.
From the left : Hui Jing, Mei Yee, Seok Fen and Pei YeeMonday, June 15, 2009 | Labels: Self-introduction | 5 Comments
- 3rd party certification
- Advantages of E-Commerce
- AirAsia
- Amazon.com
- Causes of credit card debts
- Causes of e-ccommerce success
- Causes of e-commerce failure
- Corporate Blogging
- Credit card debts
- Customer's adoption strategies
- Dell
- Digicert Sdn Bhd
- Disadvantages of E-Commerce
- E-Auction
- E-Commerce Revenue Model
- E-currency
- E-gold
- E-learning
- E-money
- eBay
- Electronic learning
- Electronic payment
- Evolution of E-Commerce
- Example of E-Commerce failure
- Example of E-Commerce success
- Example of phishing
- History of E-Commerce
- Locat transactional e-commerce site
- MEPS cash
- Mobile payment systems
- Msctrustage.com
- Online security
- PayPal
- Phishing
- Phishing prevention methods
- Potentials of mobile payment system
- Pre-paid cash card
- Prevention of credit card debts
- Safeguard financial data
- Safeguard personal data
- Self-introduction
- Skype
- Touch N Go
- Toys "R" Us
Blog Archive
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- E-government in Malaysia : Its Implementation So F...
- Review a local, transactional e-commerce site
- The application of pre-paid cash card for consumers
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- E-Commerce Land
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- The New PR/Wiki - Corporate Blogs List
- Wikipedia - About Corporate Blogging
- Wikipedia - About E-Commerce
- Wikipedia - About E-Currency
- Wikipedia - About E-Learning
- Wikipedia - About eBay
- Wikipedia - About Google
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