PRESENTATION ONE-RETAILING

CONTENTS

MEANING & DEFINITION

The use of the Internet and the Web to conduct business transaction.

Online shopping or online retailing is a form of electronics commerce which allows consumers to directly buy goods or services from a sellers over the internet using the web browser.

HISTORY

In 1990 Tim Berners- Lee created the first World Wide Web server & browser.

He is now considered the father of the World Wide Web

It opened of commercial use in 1991.

In 1994 other advances took place , such as online banking and the opening of an online pizza shop by PIZZA HUT.

In 1995, with the introduction of online payment methods, two companies that we all know of today took their first steps into the world of Ecommerce. Today Amazon and Ebay are both amongst the most successful companies on the Internet.

From its humble beginning in 1995 modern Ecommerce has become the fastest growing area of business, showing continued growth year after year.