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Ecomm
Ecomm
Commerce
Marketing 932
E-Commerce
09-05-00 Charles Heath, Xavier University
History of E-Commerce
• Background
E-commerce actually began in the 1970s when larger
corporations started creating private networks to share
information with business partners and suppliers.
• This process, called Electronic Data Interchange (EDI),
transmitted standardized data that streamlined the
procurement process between businesses, so that paperwork
and human intervention were nearly eliminated.
• EDI is still in place, and is so effective at reducing costs and
improving efficiency that an estimated 95% of Fortune
1,000 companies use it.
$20B
1996 1999
$700M