Online shopping is the process whereby consumers directly buy goods, services etc from a seller interactively in real-time without an intermediary service over the Internet. If an intermediary service is present the process is called electronic commerce. An online shop, eshop, e-store, internet shop, webshop, webstore, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or in a shopping mall.
The metaphor of an online catalog is also used, by analogy with mail order catalogs. All types of stores have retail web sites, including those that do and do not also have physical storefronts and paper catalogs. Online shopping is a form of electronic commerce used for business-to-business (B2B) and business-to-consumer (B2C) transactions.
History
Online Shopping pre-dates the IBM PC, Microsoft, Apple, and the Internet/www. In 1979 Michael Aldrich, an English inventor, connected a modified 26" color domestic TV to a real-time transaction processing computer via a domestic telephone line and invented online shopping.
[1] The first recorded B2B online shopping was Thomson Holidays 1981
[2] The first recorded B2C online home shopping was Gateshead SIS/Tesco in 1984.
[3] The world's first recorded online home shopper was Mrs Jane Snowball,72, of Gateshead, England in May 1984.
[4] During the 1980s Aldrich sold many systems mainly in the UK to large corporations, including Ford, Peugeot {then trading as Talbot Motors], General Motors and Nissan. Case studies of some of these systems have survived.
[5] The Nissan system of 1984/85 was revolutionary. It enabled a car buyer on a dealer's lot to buy both car and finance online including credit check.
[6] Aldrich was copied and his ideas were plagiarised. His 1980s systems were as fast as 2010 internet shopping systems but they worked only on dial-up and leased telephone lines. There was no broadband at the time. He never patented his shopping system and his ideas are the basis of internet home shopping.
In 1990 Tim Berners-Lee created the first World Wide Web server and browser
[7] It opened for commercial use in 1991. In 1994 other advances took place, such as online banking and the opening of an online pizza shop by Pizza Hut.
[8] 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. More recently Overstock has also become one of the world largest and reliable online shopping stores.
online shopping- screenshot -
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