Essay on Electronic Commerce Effect On Brick And Mortar

817 Words Mar 1st, 2016 4 Pages
Electronic Commerce Effect on Brick and Mortar
Before the Internet nearly all transactions were done at local stores also known as Brick and Mortar. A Brick and Mortar is “Relating to business with physical facilities and structures as distinguish from an Internet business (Kurian). Buying from local businesses allowed money spent to continue circulating through the local economy. It is the responsibility of the seller to change with the market to remain relevant. For example, “Progress is impossible without change, and those who cannot change their minds cannot change anything” (Simon). The creation of online shipping, the pros and cons, and the effect it has on brick and mortar.
The first computer to come online was in 1969 by the ARPA (Advanced Research Project Agency) connecting four major U.S. universities (Anonymous). In “1985 some two thousand computers had access to the Internet. (Campbell-Kelly, Martin p 12)” “By 1996 approximately 45 million people are using the Internet (anonymous). It was not until 1994 that the first internet transaction was made. In 1994 computer cost over $3,000, so it was uncommon for every family to own one. Internet was limited to telephone connection and loading a webpage took minutes rather than seconds. With the high cost of computer combined with slow internet speed shopping online for everyone was impractical. Years have passed and the price of computers have dropped dramatically and internet speeds have skyrocketed that the “IDC…

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