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COMMERCE
@NMIXcommerce
FOLLOW US!
TWEET US!
ASK QUESTIONS!
THE HISTORY OF
COMMERCE
& ECOMMERCE
COMMERCE
4
ECOMMERCE
TYPES OF
TRANSACTIONS
• Consumer to Consumer
• Consumer to Business
• Business to Business
• Business to Consumer
KEY DATES
INVOLVING
COMMERCE
1971
Students use the
ARPANET for
cannabis sale
1979
Online shopping
comes about
1990
Tim Berners Lee
invents the World
Wide Web
1991
National Science
Foundation lifts
commercial ban
1994
Netscape (SSL)
1995
-Cyber Cash
-First Virtual
-Amazon
founded
-eBay founded
2000
Commercial retail
corporations open
online
2002
Paypal is
purchased by
eBay
2003
iTunes Music
Store launched
Ads on Facebook
2006
2014
-Overstock
processes over 1
million dollars in
Bitcoin sales
-Ecommerce
Sales estimated
to reach $294
Billion
TODAY
NOVEMBER 9, 2015
TOP
ECOMMERCE
COMPANIES
TODAY
TOOLS FOR
COMMERCE
THE CHANGING
ECONOMY &
COMMERCE
THE SHARING
ECONOMY
• Information about goods is shared
• Access to the goods is also shared
• After sharing, the economic value of
the goods increases
• Collaborative consumption
PRODUCT-SERVICE
SYSTEMS
Goods can be shared and rented peer to peer
Example: Airbnb and Uber
REDISTRIBUTION
MARKETS
Pass ownership to someone who wants the goods.
Example: Ebay
COLLABORATIVE
LIFESTYLES
Share and exchange time, space and skills.
Example: TaskRabbit
INTERNATIONAL
COMMERCE
DEALING WITH
INCONSISTENCY
BETWEEN NATIONS
LEGAL
LIMITATIONS
PAYMENT
VARIATIONS
LOGISTICS &
DELIVERY
THE FUTURE OF
COMMERCE
ECOMMERCE
ISSUES
ACCESSIBILITY
OF ECOMMERCE
ECONOMIC
GEOGRAPHY
PHYSICAL
CIRCUMSTANCES
ECOMMERCE
VS
RETAIL
• Online stores are cheaper to operate
• People pay more for items in person
• Online stores are more competitive
• Retail stores are limited in space
• Issue of “Showrooming” (hint: good term to know)
HOW
COMPANIES
MINIMIZE RISK
SECURE SOCKET
LAYER (SSL)
SSL CERTIFICATES AUTHENTICATE THE
IDENTITY OF A BUSINESS AND ENCRYPT
THE DATA IN TRANSIT.
HOW
CONSUMERS
MINIMIZE RISK
THE FUTURE OF
PAYMENT
CRYPTOCURRENCY
BITCOIN
LITECOIN
DOGECOIN
AUTOMATED
INNOVATIONS
AN AMAZON FULFILLMENT CENTER
FUTURE
PURCHASES
IN STORE & ONLINE
COMMERCE
QUESTIONS? TWEET US!
@NMIXcommerce

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History of Commerce & Ecommerce: From 1971 Cannabis Sales to Future of Cryptocurrency