Past, Present and Future Trends in Ecommerce

The Internet technology has dominated the life of people and made them to depend on it for their personal and professional life. It made a drastic change in business environment and changed the way of shopping. The ecommerce software has been used by the merchants to set-up the instant websites in on-line.ecommerce software

Ecommerce in Past( ) The year 1991 was marked as the beginning of ecommerce because it was the year where the Internet has been used for commercial purpose. Technologies such as EDI and EFT were used to manage the business information and transactions. By 1994, the secured transaction became possible in Internet with the help of https and others. The year 2000 has seen a drastic change where most of the countries began to use ecommerce software for their business.

Ecommerce in Present( ) The percentage of Internet users has been increased which paved a way for the expansion of the on-line ecommerce. The ecommerce industry attained a steady growth as ecommerce software were being used to set-up the on-line stores successfully. Amazon and Ebay would be the best examples who are sustaining for a long term in ecommerce world. Both these firms are earning a huge profit and their revenue increases year over year.

EBAY Established in In starting stage, the annual revenue income of Ebay was $4.7 million. It has raised to $14.7 billion currently. In beginning, there were only 30 employees in ebay but now there are roughly around 28,000 employees working in Ebay. The branches are being setup over 30 countries.

AMAZON Established in In earlier, the revenue of amazon was $80,000 per month. The revenue increased to $61.09 billion at the end of There were only a few employees working in the past. Currently, there are approximately more than 80,000 employees working in Amazon.

Ecommerce in Future In 2012, the ecommerce sales reached $1 trillion. It is estimated that the sales would grow upto 18.3% and it will reach up to $1.298 trillion by the end of Asia, Europe, America and Africa are the main countries that use ecommerce in full-fledge. Thus, the ecommerce industry will definitely grow year over year and also contributes to the world's market share.

Uniecommerce (The Next Generation Ecommerce Solution) Uniecommerce software provides unique features such as online store front, group buying deals, merchant platform, online auction and many others under a single platform. Makes customers to perform a convenient shopping. Provides user friendly expereince to customers.

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