The Evolution of eCommerce [Infographic]

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When  Michael Aldrich connected a TV, a computer and a telephone to sell products, he never imagined that his attempt would be the beginning of the evolution of one of the fastest-growing industries in recent years: online commerce.

Today, online shopping  is worth around US$70 billion annually in Latin America alone, and globally, sales volume is expected to be five times higher in 2020 in the main markets. A record!

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On the occasion of Internet Day, Trustly  has created an infographic that describes the main milestones  that contributed to the growth and consolidation of online commerce.

It covers everything from the first sales and buyers, the turning points, to the birth new jersey mailing list of large online stores such as Amazon (the pioneer), the boom of Cyber ​​Mondays  and the latest trend in online sales:  m-commerce .


Below is an infographic on the history and evolution of online commerce:
 



It was about 40 years ago that online commerce began,   but today, it continues to grow with new technologies, innovations and thousands of companies entering the online market every year.

The convenience, security and user experience of online commerce has improved exponentially since its inception in the 1970s until today.

In the 1990s it was already clear that B2B online shopping  would be commercially lucrative, but B2C would not be successful until the subsequent widespread use of the PC and the Internet.

Also, with the birth of Amazon and eBay, electronic commerce was founded.

Taking advantage of the opportunity, I leave you with an audiovisual material where you can see how Jeff Bezos turned his business idea into millions of dollars.

A market-leading business model that no one has been able to take away from it so far.


Ten years later, the digital revolution has taken over everything and e-commerce has become a new consumer culture. By then, everything from music to coupons was already being sold.

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It is clear then that e-commerce , being one of the fastest growing and booming industries today, has a promising future. In our opinion, we cannot yet speak of the “golden age” of online shopping , as it still has a long way to go.

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I invite you to watch the following video where Martín Romero, director of the Linio Perú virtual store, talks to us about the growth prospects of this type of commerce and gives some interesting tips that can help you in your online business. Let's see...



The history and evolution of  eCommerce has yet to be fully written, so you can expect even more important milestones in the years to come.