Explain the evolution of E-Commerce.

Question

20 Feb 2025

Answer :

Word Count : 562

E-commerce has undergone a remarkable transformation since its inception, driven by technological advancements, changing consumer behavior, and improved digital infrastructure. The journey of e-commerce can be traced through various stages, from its early beginnings to the present-day digital marketplace.

Early Beginnings (1960s-1980s)

The foundation of e-commerce was laid in the 1960s with the introduction of Electronic Data Interchange (EDI). Businesses began using EDI to transfer documents electronically, replacing traditional paper-based communication. This system allowed companies to exchange purchase orders, invoices, and shipping details efficiently.

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