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eCommerce was introduced more than 40 years ago when early technology such as Electronic Data Interchange and teleshopping paved the way for the modern-day online shop as we know it. Since its genesis in the 1970s, eCommerce has assisted countless businesses in growing through the use of new technologies, advancements in internet connectivity, and increased security through payment gateways.
1969: CompuServe is founded
1979: Michael Aldrich invents electronic shopping
1982: Boston Computer Exchange, the first online eCommerce store, launches
1992: Book Stacks Unlimited launches as the first online bookstore
1994: Netscape Navigator creates as a web browser
1995: Amazon is launched
1998: PayPal launches as an eCommerce payment system
1999: Alibaba is launched
2000: Google introduces Google AdWords
2004: Shopify is launched
2005: Amazon introduces Amazon Prime
2005: Etsy is launched
2009: BigCommerce is launched
2011: Google Wallet is introduced as a digital payment method
2011: FacebookA social networking site where users can post comments, share photographs, and links to news or othe... launches sponsored storiesA feature on platforms like Instagram and Facebook where users can post photos and videos that disap... as a form of advertising
2011: Stripe is launched
2014: Apple Pay is introduced as a mobile paymentPayment services operated under financial regulation and performed from or via a mobile device. method
2017: Shoppable InstagramA photo and video-sharing social networking service owned by Facebook. is introduced
2020: COVID-19 drives rapid eCommerce growth
Since the founding of CompuServe in 1969, eCommerce has come a very long way. Changes in technology, as well as global circumstances, have undoubtedly fueled its growth.
eCommerce sales are gaining a larger share of the retail market, and the potential for growth is even greater when we consider the quantity and speed of technological advancements and societal digital transformation.
Physical establishments have to consider this and create a structure to transition their businesses from an offline to an online platform. If they do not have an online presence, they will lose many customers who want to make quick, easy, and convenient purchases from the comfort of their own homes.
With the rapidly growing eCommerce market and shifting trends in eCommerce and SEO, you may be struggling with keeping your eCommerce business up-to-date. Head over to Bliss Drive now and get eCommerce SEO services that will make your business stand out from the crowd and stand the test of time.
