Shopping online By: Sydney Karas, Taylor Mazzaferro, & Sam Robinson.

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Presentation transcript:

Shopping online By: Sydney Karas, Taylor Mazzaferro, & Sam Robinson

 Online shopping was developed in 1979 in the UK by a man named Michael Aldrich.  Online shopping was developed with B2B as well as B2C since everybody is on the internet.  Development is going on each and every second.  Much work was done in UK on videotext, it was a two way message service and developed basically for information sending where “many companies” were interested in, but on the backdrop of all that Michael Aldrich in 1979 gave the “concept of teleshopping” (today online shopping) which revolutionized the way businesses happen. Beginning of Shopping Online

 In 1982 Minitel succeeded Videotext as online service making online purchases, check share market, search telephone, directory, and could even chat.  This was one of the most successful services before “WWW” using telephone lines.  It was launched in France successfully, but also in the UK but with less success. Evolution of Online Shopping

 With Swreg the community of software developers and shareware authors got an online market where they could sell their product using “Merchant account”. Thus online shopping started for then software industry people.  Netscape released Navigator browser, later introduced Secure Sockets Layer (SSL) encryption for secure transaction. Online shopping taking off

 In a woman’s life time, she will on average spend 25,184 hours and 53 minutes shopping online.  “Cyber Monday” was the busiest online shopping day in 2010 and generated $1+ billion.  The three top spending days for online shopping were: Cyber Monday, ($1,028) Green Monday, ($954) Free Shipping Day ($942)  Pizza Hut was the first pizza store to offer online purchases. Fun Facts