ONLINE SHOPPING
ONLINE SHOPPING
ONLINE SHOPPING
INTRODUCTION
PAST
The origin of e-commerce began in the late 19th century in the United States. Some
large stores and goods distribution chains began to develop catalog sales systems.
Catalog sales were a system that allowed the direct sale of products, using transport
agencies. In this way, the buyer only needed to have previously seen the products in the
catalog. The first creator of online catalogs was Benjamin Franklin. In 1914, the credit
card was invented and this had a very important impact on the advancement of e-
commerce. The creator of the credit card was Western Union, a money transfer
company. Half a decade later, the public became aware of the new payment method.
The buyer, at home, selected products in the catalogs through photographs and
descriptions without having a direct view of the objects that were being purchased, or in
contact with the seller.
ADVANTAGES
DISADVANTAGES
FUTURE
The future of e-commerce is bright. As technology continues to evolve, more and more
brands will begin to leverage virtual reality and augmented reality to offer their
customers an immersive shopping experience. Companies are already beginning to
experiment and explore new ways to improve the customer experience, such as using
facial recognition to personalize product recommendations and using artificial
intelligence to offer more personalized customer service. With the proliferation of 5G
technology, virtual commerce will become even more widespread, providing customers
with faster and more reliable connections for more seamless online shopping
experiences. As e-commerce becomes increasingly integrated into the mainstream of
online shopping, new opportunities will open up for businesses to expand their reach
and grow their customer base.
To further improve the e-commerce experience, companies must prioritize perfecting
personalized techniques that deliver exceptional experiences tailored to each customer’s
specific needs. One strategy to achieve this is to use Artificial Intelligence (AI) and
Machine Learning (ML) to analyze customer data and offer personalized
recommendations.