ELI5: Explain Like I'm 5

Timeline of e-commerce

Hey kiddo, do you know what e-commerce is? It's when people buy and sell things using the internet! Isn't that amazing?

Let me explain the timeline of e-commerce to you, just like you're five years old so you can understand it better.

In the 1960s, computers were invented, but they were huge and only used by big companies for things like accounting.

In the 1970s, the first electronic funds transfers (EFT) were introduced, which made it easier for people to move money around electronically.

In the 1980s, the first online shopping system was launched, which allowed people to buy things from their computer and have it delivered to their home.

In the 1990s, the World Wide Web was created, making it easier for people to access online shopping sites. Amazon and eBay also launched during this time, which quickly became popular online shopping destinations.

In the 2000s, social media and mobile devices became more popular. Online stores started to optimize their websites for mobile devices, making it easier for people to shop on the go.

In the 2010s, online shopping became even more popular with the rise of subscription services like Netflix, Hulu, and Amazon Prime. Now, people can buy just about anything online and have it delivered right to their doorstep.

So, there you have it! That's the timeline of e-commerce. It's amazing to see how much technology has changed over the years and how it has made shopping easier and more convenient for all of us.