E-commerce turns 20 - How far it's come
A full 20 years after the first ecommerce transaction was made, retailers both big and small are benefiting from the growing demand for online shopping.
From humble beginnings, ecommerce has now firmly revolutionised how the world shops. Indeed, according to the latest figures, around 95 per cent of Brits regularly shop online, while companies such as Amazon and Asos have overtaken traditional high street giants to become the darlings of the UK retail sector.
However, it’s not just big business that has benefited from the ongoing rise of ecommerce. Now, fully 20 years after the first secure online transaction was completed, enterprises of all sizes are able to take advantage of the many benefits of ditching a bricks and mortar store in favour of an online presence.