Ecommerce has evolved in many ways since its start, and it’s changing the way we live, shop and do business. Let's dive into the history of ecommerce to see how far this industry has come!
The first ever known instance of shopping online was on October 27th 1994 when a man named Dr. Stephen Covey ordered an Apple computer from a company called Dell using his credit card over a modem with 28.8 kbps speed (1). This is now what we know as e-commerce.
What is Ecommerce?
Ecommerce (or electronic commerce) is the buying and selling of goods (or services) on the internet. It encompasses a wide variety of data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. Ecommerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet. The term ecommerce also encompasses other activities including online auctions, internet banking,...
Answer in under two minutes!
Well Hot Dang! Turns out fraud is a big business!
DUE TO FRAUD The value of E-commerce losses is projected to exceed $20 billion in 2021, as compared to $17.5 billion in 2020. (https://www.infosecurity-magazine.com/news/ecommerce-fraud-to-exceed-20/ )
Unless you are living under a rock you know we have all seen an unprecedented growth of E-commerce websites over the past 2 decades, and even the last year with covid.
Now in the midst of a post pandemic season (hopefully), millions more shoppes are turning to E-commerce websites.
But as the users grow, one major area of concern is security. Have security issues grown as well?
So today we'll talk about the one question that is on every online shopper's mind – Are E-commerce sites safe?
And also, I am going...
Transcript - Ahhh, time for another sweet sweet google algorithm update,
time for all of us website owners to passive aggressively mumble cusswords under our breath!
all the while still try to appear like we know what in the he double hockey sticks google is up to
Good news, this bad boy appears to be simpler than you think!
Don't worry, I am here to help!
The Who, What, When, Where, Why in under 2 mins
I am going to include some screenshots
and I am going to try to mansplain this to you all like you are 4th graders.
Ok, not really, that's a joke...... but lets do this anyways!
This Newest Google Algorithm Update is called its - "page experience update" Gosh, can't they call these things something cooler from now on?
These names are so boring, makes you miss panda and pengiun right? Ok not really.
Ok, so now for the good stuff
Who - EVERYONE with a website, and Google, ever heard of them, yeah the ones that still control about 92% of search.
What - New measurement from google - page...
The E-commerce boom pretty much picked up steam when Ebay launched its services a quarter century ago. Since the Covid Pandemic hit, a debate has raged on raising questions like
So in Today's video, I'm going to explore how exactly e-commerce affecting physical retail stores?
So check this out, According to the U.S census bureau, E-commerce reached 1% of total retail sales in the third quarter of 2000.
The slow upward trend continued till 2019 when E-commerce sales amounted upto 11.3 % of total retail by the end of the year.
The Covid-19 Pandemic acted as a watershed moment for E-commerce in retail as lockdowns limited people to their home. Driving E-commerce sales up over 16% in the next 6 months.
The U.S consumers spent $861.12 billion online with U.S. merchants in 2020. A spectacular increase of 44.0% over a year.
Here is what we will be covering in the video!
It comes with little surprise that as the pandemic grows, the demand for safe, one-stop online shopping options grows as well.
The numbers reported by big-box retailers reflect this logic. Target reported the strongest quarterly sales growth in its history.
Walmart touted unprecedented earnings in Q2 which led to a 97% revenue boost from just last year.
This all shows one thing: If you want to scale your business online, now is the time to do it -- and yes, it is possible to do it even if you are a small business.
Now, if you’ve been caught up with the news around Amazon’s growth, allow me to steer you in another direction: Shopify.
The Shopify e-commerce hosting platform is growing rapidly....