The document provides an overview of the history and development of e-commerce. It discusses how the first online transactions occurred in the mid-1990s with companies like Pizza Hut offering online ordering. Major online retailers and auction sites like Amazon and eBay launched in the 1990s as well. The document then discusses how eBay works, charging sellers commission fees, and how it acquired PayPal to allow online payments. It concludes by listing some popular websites that use e-commerce models today.

2. Electronic Commerce Commerce – buying and selling. E-Commerce – the buying and selling of goods or services over the internet or via a computer connection. A modern way of trading. The first example of E-commerce taking place on the internet was only recorded in the mid 1990s.

3. Introduction to E-Commerce A Short History of E-Commerce Companies that use E-Commerce Benefits of E-Commerce Data Integrity and Security How does E-Commerce work? Setting up an E-Commerce Business

4. 1994 – Netscape Navigator, an internet browser, is invented. Pizza Hut offers online pizza ordering. The first online bank opens. Cars and bikes are available on the internet. 1995 – Amazon is created, an online company selling books, DVDs and CDs. EBay is launched, the first online auction company. 1999 – PayPal launched, allowing safe and secure financial transactions to be carried out over the internet.

5. Almost all national and international companies offer E-commerce. Many companies only offer E-Commerce services. Most major banks offer online banking. When did you last use E-commerce? Can you give me some examples of E-commerce you have used?

6. Direct sales – Companies selling their products or services direct to the customer via the net. Online banking Online auctions – Bidding against other consumers for products and services. Online media sales – Buy and download music, e-books, movies, TV series, computer software.

7. American Internet Company Online Auction Auction – Customers bid (offer) money for goods or services. The highest bidder is successful. Online Shopping Allows people to buy and sell goods and services online all over the world. .

8. Founded in 1995 – known as AuctionWeb. First item sold was a broken laser pointer 1997 – AuctionWeb changed it’s name to EBay. 1997 – EBay began to offer Travel services on the internet. 1998 – EBay went public (the company was listed on the Stock Exchange and people could buy and sell shares in EBay)

9. EBay makes a profit by charging sellers a commission on any auction they successfully complete. The commission fee for each item is between 1% and 5%. For example, an item worth $1000 sold on EBay will earn the company somewhere between $10 and $50. There is also a small fee to list items on EBAY, about 1%.

10. In 2002 EBay bought the internet banking service company PayPal. PayPal allows payments and money transfers to be carried out through the net. Customers sign up with their email address and bank or credit card details. PayPal automatically debits or credits money on a customers’ account.

11. What is the most expensive item that has ever been sold on EBay?

12. A Yacht A bargain... $168,000,000 It was purchased by Roman Abramovich, the Russian billionaire owner of Chelsea Football Club.

13. We’ve had a look today at EBay. There are thousands of websites that use E-Commerce. For example: www.amazon.com www.iTunes.com www.dell.com www.airasia.com www.nikestore.com www.buy.com www.westernunion.com www.yahoo.com www.priceline.com www.aol.com www.weloveshopping.com www.adobe.com www.rightmove.com www.play.com

14. Study a Business that uses E-Commerce. Create a presentation to tell the rest of the class about your business. Include: General Information What goods or services does the company sell? How does the company use E-Commerce? How does a customer obtain goods or services using Example of an E-Commerce transaction History Interesting facts Information about the website

15. A the end of this lesson you will present your work. Every member of the group must speak. I’m looking for professional and well presented work. Remember, this lesson is E-Commerce, so make sure you understand the E-Commerce within your chosen company How does the business make money online? What products or services does the business offer online?