Who invented ecommerce, who started ecommerce?

Uncategorized Sep 18, 2020
 

Michael Aldrich was an English inventor, innovator and entrepreneur. 

In 1979 he invented online shopping to enable online transaction processing between consumers and businesses, or between one business and another, a technique known later as e-commerce.

Sadly, he died 2014, he was 73.

The first online transaction was, by some reports, marijuana sold by Stanford students to MIT students via the Arpanet account at their artificial intelligence lab in 1972. 

However, the first online shopping transaction on the Internet took place some 22 years later.

With the headline “The Internet is Open”, the August 12, 1994, issue of New York Times chronicled the sale between two friends of a Sting CD. 

The Times said, “The team of young cyberspace entrepreneurs celebrated what was apparently the first retail transaction on the Internet using a readily available version of powerful data encryption software designed to guarantee privacy.”

The first secure retail transaction over the Web was either by NetMarket or Internet Shopping Network in 1994. 

Immediately after, Amazon.com launched its online shopping site in 1995 and eBay was also introduced in 1995.

E-commerce first really took off BACK in 1999, at the height of the internet frenzy

These days Amazon is generally dominating the e-comm space. Amazon in the USA in general takes up 50% of all online transactions, and growing!

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