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eCommerce history



The History of eCommerce: Part 1

Part 1

Commerce is transforming at an unprecedented pace. Perhaps one of the biggest drivers was the birth of ecommerce in the 1990s. At its most basic, ecommerce is the buying and selling of goods or services on the internet. Pioneers paved the way for the proliferation of digital retail businesses we see today. In this three-part series, we’ll discuss some of the major milestones that led us here.

1433
The word “retail" is first recorded as a noun and is defined as commodities sold in small quantities.(1)

1991
The World Wide Web debuts as a public service available via the internet. (2)

1993
The first Web browser, Mosaic, is released. (3)

1994
Secure Socket Layer (SSL) encryption is first introduced, adding a new layer of security to online purchases. (4)

1994
One of the first documented internet purchases was a pizza from Pizza Hut®. (5)

In part two, we’ll examine some of the large online retailers that sprung up in the late 1990s and how they influenced ecommerce as we know it today.

 

1 Dictionary.com, http://dictionary.reference.com/browse/retail

2 Wikipedia, http://en.wikipedia.org/wiki/History_of_the_World_Wide_Web

3 Wikipedia, http://en.wikipedia.org/wiki/Mosaic_(web_browser)

4 HowStuffWorks, http://money.howstuffworks.com/history-e-commerce1.htm

5 TheHuffingtonPost.com, http://www.huffingtonpost.com/2013/09/09/pizza-hut_n_3894981.html

 

Pizza Hut® is a registered trademark of Pizza Hut, Inc., an unaffiliated third party that does not endorse or sponsor Vantiv Integrated Payments, LLC.

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