The practice of electronic commerce (e-commerce) existed since 1965 when consumers were able to withdraw money from Automatic Teller Machines (ATMs) and make purchases using point of sale terminals and credit cards. This was followed by systems that crossed organizational boundaries and enable organizations to exchange information and conduct business electronically. Such systems were commonly known as inter organizational systems.
Until the wide spread deployment of Internet-based technologies in the early 1990s, enterprises that conducted e-commerce used almost exclusively a closed and standardized form of computer-to-computer communication known as “Electronic Data Interchange” (EDI). In fact, the term “electronic commerce” was virtually synonymous with “EDI”. E-commerce as such, however, has come to attract the interest of many following the commercialization of the Internet and especially the advancement of the World Wide Web and its business applications. Hence, in the evolution of e-commerce, it is possible to differentiate between traditional e-commerce and Internet based e-commerce.
E-commerce today means many things to different people. There exists a wide variety of e-commerce definitions and conceptualizations covering a plethora of issues, applications, and business models. Some view ecommerce as “doing business electronically”. Such definition tends to be very generic and specify neither the network archetypes nor the business activities to be conducted electronically.
Other of the definitions of e-commerce is “the sharing of business information, maintaining business relationships and conducting business transactions by means of telecommunications networks”.
There are lots of examples that using e-commerce method to do their business globalization such as Amazon.com, eBay and so on. One of the successful examples of e-commerce is eBay. eBay was founded in Pierre Omidyar's San Jose living room back in September 1995. It was from the start meant to be a marketplace for the sale of goods and services for individuals.
eBay has built an online person-to-person trading community on the Internet, using the World Wide Web. Buyers and sellers are brought together in a manner where sellers are permitted to list items for sale, buyers to bid on items of interest and all eBay users to browse through listed items in a fully automated way.
eBay has both streamlined and globalized traditional person-to-person trading, which has traditionally been conducted through such forms as garage sales, collectibles shows, flea markets and more, with their web interface. This facilitates easy exploration for buyers and enables the sellers to immediately list an item for sale within minutes of registering.
Why are eBay so famous among the internet? The causes that lead eBay to be so successful is allows people to often times connect with some very fond and special early childhood memories. It could be anything from collecting baseball cards to toy soldiers to Barbie dolls to doll houses and so forth. It allows people to make that connection and relive a lot of those very vivid and very fond memories that they were young. Besides that, the buyers also can buy the goods or anything which is limited edition or antique. It allows people to collect the tiptop antique or anything else.
Another factor that may consider is that people really enjoy the experience of the shopping bazaar. They enjoy the hunt. They enjoy looking around for merchandise. The other component is that I believe they really enjoy the competition of the bidding process. eBay also allows buyer and seller bargain, in some way, shape, or form, likes to haggle a little bit over the price. The other thing is that as it has grown, it has become a very practical place to buy and sell collectibles or commodities.
If you have a vivid thing and anything you think that valuable, people are interesting you can log in to http://www.ebay.com/ to auction the thing that you want to sell it.
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