17 Things You Didnt Know About Ecommerce

Online shoppers can buy cars, clothes and millions of other things with the click of a button and figurative swipe of a credit card. In fact, U.S. consumers spend $1,200-$1,300 per year online, but that number will increase by 44%, to $1,738, by 2016. In that year, ecommerce sales are expected to hit $327 billion.

The multi-billion-dollar ecommerce industry is a part of our everyday lives, but many don't realize the numbers and history behind it, so we collected 16 things you probably don't know about ecommerce.

1. By connecting a modified domestic television with a phone line, Michael Aldrich invented online shopping in 1979.

2. Although Amazon launched in 1995, the first yearl…
Continue reading...

More About: BrandSpeak, Ecommerce Series, ecommerce, features, mashable, online shopping