In this content, we have compiled the most important information about the history of e-commerce , its evolution in Latin America and what the future of this sector promises.
The beginnings of the history of electronic commerce south korea phone number data go back to times you can’t even imagine. What you see today as a virtual store is the latest evolution of a long line of innovations and development.
And for all those who are part of the industry and consume it, it is essential to understand where it comes from, in order to visualize what it can become in the future.
Happy reading!
What is the history of
You may think that the history of e-commerce is closely associated with the Internet. Today that is true, but in the early days, it was not like that.
Below you will see the timeline of e-stores.
It all started with catalog sales
You probably didn’t imagine it, but the first step how to open a coffee to go: location towards what we now know as e-commerce on the planet was sales via catalogues in the 1920s and 1930s in the United States.
This business model broke with everything established, because it allowed consumers to order their favorite products without leaving home.
Here the industry realized that the consumer wanted to buy, but with the convenience of avoiding going to a physical store and taking the products home with them.
The phone was no longer just for talking to loved ones
Catalog sales evolved thanks to the expansion of the telephone throughout the United States.
Telephone ordering changed the business model of many companies, as they were able to understand that there was a real and abundant market in this sector, and that traditional methods were not the only way to make money.
The first credit card
In 1914, the money transfer company Western Union launched this financial tool on the market.
The real beginning of e-commerce
In 1960, a tool was invented that would change everything: Electronic Data Interchange or EDI, a platform that made it easier for companies to transmit financial data electronically, such as purchase orders and invoices.
This stage was fundamental for catalog mobile lead and telephone sales thanks to the emergence of telesales.
Electronic modernization of the catalogue
In the late 1970s, Englishman Michael Aldrich created a revolutionary concept, which consisted of i-user computer processing line.
