What is E-Commerce development life cycle?

The term 'e-commerce' has been in use since the 1970s and has had a number of meanings. In 2010, 'e-commerce' means buying and selling over the internet. Online shopping was invented in 1979 in the UK. The beginning of modern e-commerce and e-business can probably be traced to the announcement of Redifon's Office Revolution in March/April 1980. Both business-to-business and business-to-consumer online shopping existed in the UK in the 1980s. See the Aldrich Archive at the University of Brighton , aldricharchive.com .Later these applications moved to the Internet. See Wikipedia 'Online Shopping' and 'Electronic Commerce.'

So what does e-commerce mean anyway? E-commerce is the pre-eminent buzzWord of the online business revolution. It captures the excitement and focus of this fast emerging market. But it is more than a slogan or glib party line. At its core it embodies a concept for doing business online.

The concept of e-commerce is all about using the Internet to do business better and faster. It is about giving customers controlled access to your computer systems and letting people serve themselves. It is about committing your company to a serious online effort and integrating your Web site with the heart of your business. If you do that, you will see results!

I recommend you this source to read http://www.flysyk02.netfirms.com/Ecommerce/History.htm

Ramnika Singh

www.webdevelopment-1.com