HISTORY OF E-COMMERCE

According to NUA Internet Surveys (http://www.nua.ie)a survey conducted between October, 1999, and January, 2000 of more than 28,000 users in 34 countries showed these results.

* An estimated 120 million Internet users, or 40 percent of the total number online, have already made an online purchase.

* More than 50 percent of all online transactions were made in the US.

* US users made an average of 7 purchases in the three months before the survey, spending an average of $828.

* The worldwide average individual online spending in the same period was less than $500.

* Only half of Internet users outside North America pay for E-Commerce purchases by credit card, in comparison with 75 percent of online shoppers in the US and Canada.

* Worldwide, direct bank drafts, bank transfers and cash on delivery are the other most favored payment methods.

* Over half of all Internet users have researched goods and services online before making offline purchases and almost a quarter of online shoppers have made impulse purchases.

* E-Commerce online habits vary from region to region. Online ban

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n individual, company, or organization. Search Engine A program that searches documents for specified keywords and returns a list of the documents where the keywords were found. Although search engine is really a general class of programs, the term is often used to specifically describe systems like Alta Vista and Excite that enable users to search for documents on the World Wide Web and USENET newsgroups. Typically, a search engine works by sending out a "spider" to fetch as many documents as possible. Another program, called an indexer, then reads these documents and creates an index based on the words contained in each document. Each search engine uses a proprietary algorithm to create its indices such that, ideally, only meaningful results are returned for each query. HTML Short for HyperText Markup Language, the authoring language used to create documents on the World Wide Web. HTML is similar to SGML, although it is not a strict subset. Most E-Commerce transactions are coded in either SHTML (Secure Hyper Text Markup language) or CFM (Cold Fusion Markup). Domain A group of computers and devices on a network that are administered as a unit with common rules and procedures. Within the Internet, domains are defined
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Some common words found in the essay are:
ActivMedia Research, Cyberspace Benedikt, Society SIQSS, Internet Whereas, Markup Domain, People E-Commerce, Denial Service, Components E-Commerce, VOD Electronic, Research Berners-Lee, world wide, world wide web, search engine, wide web, electronic commerce, web site, home page, * electronic, credit card, internet users, web server, corporate web server, documents world wide, 5 kinds e-commerce, half internet users,
Approximate Word count = 5580
Approximate Pages = 22 (250 words per page)

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