TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

Tolcayuca, Hgo., September 12, 2023.

TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

SUBJECT: E-COMMERCE PROFESSOR: MARCO ANTONIO RODRIGUEZ ROJO PRESENT : RUBI DIAZ EMBARCADERO GRADE AND GROUP: 3° D

1920

CATALOG SALES

TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

CREATION OF Google Checkout.

2006

COCA COLA COMPANY WITH TELEPHONE SALES

1997

ELECTRONIC MODERNIZATION OF THE CATALOG

1979

FIRST CREDIT CARD

1958

PAYPAL

1998

The World Wide Web or, the “hypertext project”.

1991

START OF E-COMMERCE

1960

COVID-19 PANDEMIC

2020

ALIBABA MAKES ITS INITIAL PUBLIC OFFERING(IPO)

2014

E-COMMERCE GROWTH

2021

AMAZON ALLIES WITH TWITTER

2014

TIMELINE OF THE HISTORY OF E-COMMERCE AND E-BUSINESS.

• -Baena, M. R. (2021, July 27). La historia del comercio electrónico: origen y evolución - App&Web. App&Web. https://www.appandweb.es/blog/historia-comercio-electronico/

• -Cárdenas, J. (2021). Conoce la historia del comercio electrónico y cómo ha evolucionado hasta hoy. Rock Content - ES. https://rockcontent.com/es/blog/historia-del-comercio-electronico/

• Evolución del comercio electrónico: fases y futuro. (n.d.). https://www.beetrack.com/es/blog/evolucion-del-comercio-electronico

References

The World Wide Web or, the “hypertext project”.

• Exclusive portals were created to sell a large number of products belonging to different categories, as is the case of Amazon and Ebay.

ELECTRONIC MODERNIZATION OF THE CATALOG

• Michael Aldrich succeeded in making the first computerized electronic sales transactions.
• Its technology was applied in countries such as Ireland, Spain and the United Kingdom in the first B2B (Business to Business) financial transfers, where companies could buy and sell tourist packages, rent, sell and buy cars, make money loans, access credit history, among others.

E-COMMERCE GROWTH

In 2021, e-commerce continued to grow and there were advances in areas such as social commerce, augmented reality and sustainability.

ALIBABA MAKES ITS INITIAL PUBLIC OFFERING(IPO)

• Alibaba held its initial public offering (IPO) on the New York Stock Exchange in 2014, marking one of the biggest events in the history of e-commerce and becoming one of the most valuable companies in the world.

Electronic Data Interchange or EDI was invented, a platform that enabled companies to transmit financial data electronically. This stage was fundamental for catalog and telephone sales thanks to the emergence of telesales. Between television programs, product demonstrations were shown and allowed consumers to call in to order products and pay for them with credit cards.

START OF E-COMMERCE

COVID-19 PANDEMIC

The COVID-19 pandemic further boosted e-commerce, as movement restrictions led to a significant increase in online shopping and the adoption of new delivery and pick-up models.

PAYPAL

• PayPal was founded, which gave a new boost to e-commerce thanks to the payment facilities and security it offered.

• Google Checkout was an online payment system offered by Google Inc. between 2006 and 2013. Customers with a valid Google account could pay at certain online stores without having to enter their credit card details each time they logged in.

CREATION OF Google Checkout.

CATALOG SALES

Catalog sales begin in the United States.

The money transfer company, Western Union, launched this financial tool to the market.

FIRST CREDIT CARD

AMAZON ALLIES WITH TWITTER

• Amazon allies with Twitter, resulting in the option for its users to make online purchases directly through tweets. That same year, profits from online sales worldwide reached 1.5 billion dollars, an increase of more than 20% over the previous year.

COCA COLA COMPANY WITH TELEPHONE SALES

• Coca Cola was the first company to implement a system that allowed purchases of its products via cell phone.