Selling Online
Status and Forecast of development
* AN OVERVIEW OF HISTORY :
It was invented in the UK in 1979 by Michael Aldrich of Redifon Computers
The world's first recorded B2B ( Business to business ) online shopping system was
Thomson Holidays in March 1981
In 1992 Charles Stack created the first online book store, Book Stacks Unlimited (aka
Books.com)
[7]
In 1994 other advances took place, such as online banking and the opening of an online
pizza shop by Pizza Hut.
[6]
During that same year, Netscape introduced SSL encryption of
data transferred online, which has become essential for secure online shopping. In 1995
Amazon expanded its online shopping, and in 1996 eBay appeared.
[6]
.
* Current status :
Online selling and shopping process : completely through the Internet and credit
cards
Selling : sellers create an e-store/e-shop ( no need a real shop ) – websites, update
all kinds of products in stock ( including price, overview, images) to the websites
and provide advertisements to customers
Shopping : shoppers enter the e-stores, click on the chosen products, add the
items to cart,pay money and finish the buying process
Method of payment : credit card ( popular ), Cash on delivery, Cheque, wire
transfer, postal mony order,…
Method of delivery : download, shipping, drop shipping, in-store pick-up
Products : vary among clothes, food, household appliances, books ( most bought ),
electronic devices,… ect for all purposes
now over 13 million broadband subscribers in the UK.
The rapid pace of life and the demand of customers: convenient and fast way of shopping
The potential profits brought to e-retailers
A variety of products