It is basically, a trading system which is work worldwide by using computer networks in services alternatively products. E-commerce or Electronic commerce is co-related with electronic fund transaction, mobile commerce, online transaction processing, online data collection, online marketing, chain management, and stock management system.
History of E-Commerce
First time officially e-commerce had been used in 1972 with the title of “The Seminal of E-Commerce” in John Mark off’s book. In 1979 online shopping system spreading with the help of Michael Aldrich, by passing time E-Commerce is updated by many technological persons for the betterment of mankind. In 1990s World Wide Web has included E-Commerce to web browser. Then in year 2002 e-commerce added by eBay and PayPal, in this way E-Commerce enhance its network and features globally. Meanwhile, in 2013 E-Commerce earned $294billion on retail sales project. In this coming years this system will get more popularity and money as well.
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