Timeline: Key Events in the History of Online Shopping
The History of Online Shopping
For many, it can be hard to remember the days when online shopping wasn’t an option. Yet, despite its prevalence now, online shopping is a relatively new phenomenon.
This graphic, presented by Logiq, outlines the brief history of online shopping and how it has evolved over the last few decades. We’ll also touch on how companies can get ahead in this rapidly evolving space and what it takes to remain competitive in today’s market.
Timeline: From the Late 70s to Present Day
According to BigCommerce, the first inklings of online shopping began in England, back in the late 1970s.
1970s: The Early Days
In 1979, the English inventor Michael Aldrich invented a system that allowed consumers to connect with businesses electronically. He did this by connecting a consumer’s TV to a retailer’s computer via a telephone line.
His invention was one of the first communication tools that allowed for interactive, mass communication—but it was costly, and it didn’t make sense financially for most businesses until the Internet became more widespread.
1980s: Bulletin Boards
By 1982, the world’s first eCommerce company launched. The Boston Computer Exchange (BCE) was an online marketplace for people to buy and sell used computers.
The launch of BCE predates the advent of the World Wide Web, and because of this, the company operated on a dial up bulletin board system.
1990s: The Big Dogs Begin to Emerge
By the mid-90s, the (Read more...)