Data analysis
Data analysis
ROLL NO : 34600122050
SEMESTER : VIII
CA-2
NAME-RAUNAK KUMAR DAS
eBay, and Jeff Bezos' Amazon, which was first intended to sell books. 10.Launch of PayPal in
1998 Confinity, the original name of PayPal, makes its debut as a mechanism for money transfers.
It would merge with Elon Musk's online banking business in
2000, signaling its ascent to fame.
11.
1999: $150 billion is spent globally online. With entrepreneurs being drawn in by the internet's get-
rich-quick promise, startups are on the rise. The good days won't last forever, of course. 12
.
2000: Internet Advertising and the Dotcom Bust The NASDAQ plunged 75% between March
2002 when the bubble burst, wiping out the majority of the profits achieved since the advent of the
internet. Numerous companies in the online and technology sectors file for bankruptcy, including
Webvan, a pioneer in food delivery. Google AdWords is launched as a means for eCommerce
enterprises to advertise using shorttext ad content and display URLs in spite of the bust. Online
retailers' pay-per-click (PPC) marketing initiatives are gaining traction.
13.
2005: Online shopping returns The Monday after Black Friday, known as Cyber Monday, is
introduced to help online holiday sales recover significantly from the recession. Moreover, Amazon
introduces Amazon Prime, which offers members free 2-day shipping within the US and raises
consumer expectations for quicker service. In the United States, there are currently about 142
million Prime members.
History of E-commerce:
Overview
1969: CompuServe, the first significant eCommerce company is established by Dr John R.
Goltz and Jeffrey Wilkins by utilizing a dial-up connection. This is the first time eCommerce
was introduced.
1979: Michael Aldrich invented electronic shopping (he is also considered as founder or
inventor of eCommerce). This was done by connecting a transaction-processing computer
with a modified TV through a telephone connection. This was done for transmission of
secure data.
1982: The continued growth of technology, particularly in electronics led to the launch of the
first eCommerce platforms by Boston Computer Exchange.
1992: The 90s took the online business to the next level by introducing Book Stacks
Unlimited as an online bookstore by Charles M. Stack. It was one of the first online
shopping site created at that time.
1994: Web browser tool introduced by Netscape Navigator by Marc Andreessen and Jim
Clark. It was used on the Windows platform.
1995: The year marked the iconic development in the history of eCommerce as Amazon
and eBay were launched. Amazon was started by Jeff Bezos, while Pierre Omidyar
launched eBay.
1998: PayPal launched the first eCommerce payment system as a tool to make money
transfers.
1999: Alibaba started its online shopping platform in
1999 with more than $25 million
.
Definition of E-Commerce:
2 Business - to – Consumer
A website following the B2C business model sells its products directly to a customer. A customer can view the
products shown on the website. The customer can choose a product and order the same. The website will then
send a notification to the business organization via email and the organization will dispatch the product/goods to
the customer
3 Consumer - to – Consumer
A website following the C2C business model helps consumers to sell their assets like residential
property, cars, motorcycles, etc., or rent a room by publishing their information on the website.
Website may or may not charge the consumer for its services. Another consumer may opt to buy
the product of the first customer by viewing the post/advertisement on the website.
4 Government - to – Business
Governments use B2G model websites to approach business organizations. Such websites
support auctions, tenders, and application submission functionalities.
5 Government - to - Citizen
Governments use G2C model websites to approach citizen in general. Such websites support
auctions of vehicles, machinery, or any other material. Such website also provides services like
registration for birth, marriage or death certificates. The main objective of G2C websites is to
reduce the average time for fulfilling citizen’s requests for various government services..
6 Applications of E-Commerce
Marketing: Another application e-commerce is Marketing. Data collection about customer
behavior, preferences, needs and buying patterns is possible through Web and E-commerce. This
helps marketing activities such as price fixation, negotiation, product feature enhancement and
relationship with the customer..
14.2006
saw an increase in online shopping platforms Tobias Lütke, Daniel Weinand, and Scott
Lake started the company that is now known as Shopify to make it simple for business
owners to launch online stores. Other additional eCommerce platforms enter the market
and quickly establish themselves, including Magento and BigCommerce.
15.
Online grocery shopping
2012: Food shopping ultimately finds its footing in
2012 with the launch of Instacart, despite the failure or struggle of the aforementioned
Webvan and other grocery delivery services in the past.
Customers who order goods online with Instacart are sent shoppers to nearby
supermarkets to pick them up. Online food buying is big business nowadays thanks to
improvements in cold storing and delivery
Reference book 1 -6. D. Peterson, “Introduction to E-commerce,” in Financial Services Information Systems, 2000. 7. R. Rahayu and J.
Day, “E-commerce adoption by SMEs in developing countries: evidence from Indonesia,” Eurasian Bus. Rev., 2017, doi: 10.1007/s40821-016-
0044-6. 8. A. G. Khan, “Electronic Commerce: A Study on Benefits and Challenges in an Emerging Economy,” Type Double Blind Peer Rev. Int.
Res. J. Publ. Glob. Journals Inc, 2016. 9. P. Kalia, N. Kaur, and T. Singh, “E-Commerce in India,” in Mobile Commerce, 2017. 10. C. M.
Abhilash, “E-commerce law in developing countries: An Indian perspective,” Int. J. Phytoremediation, 2002, doi: