Eradicating poverty and unemployment from the country is certainly the top priority of every government. Today, the global war for economic survival is being fought in the economic arena, the weapon of which is certain knowledge. We need to understand where the world will stand in the next 50 years. Despite the global crisis, the business of Amazon, Apple, Facebook, and Google is growing and the business of the big technology companies in the United States is improving again.
Amazon
Amazon, Facebook, Apple, and Google's last quarter business reports for the last year have informed these companies about their profits and earnings. One thing these reports have in common is that production is rising and there are no signs of a slowdown, with Amazon being the most profitable company. The e-commerce and online shopping company sold .1 96.1 billion worth of goods in three months, up 37 per cent from 2019.
e-commerce
Online shopping was started in 1979 by British businessman Michael Aldrick. Aldrick was able to connect the modified home television to a multi-user transaction processing computer via a telephone line, which was later sold in the UK, Ireland, and Spain. The system was marketed in 1980 and was then introduced as the Business to Business System (B2B). The development of Electronic Data Interchange (EDI) in 1960 paved the way for e-commerce. EDI has replaced traditional mailing and document faxing by facilitating data transfer from one computer to another.
In 1982, France launched an online service called MoneyTail, which provided access to video tax terminal machines via telephone lines. The "Moneyball" telephone was completely free for users and connected millions of users to a computing network. By 1997, there were mini-terminals in more than 7 million homes. After the success of the Internet, the MoneyTel system could not survive.
The history of e-commerce is closely linked to the history of the Internet. The general use of online shopping became possible when the Internet became accessible to the general public in 1991. Amazon was one of the first e-commerce websites in the United States to sell its products online, and thousands of companies have since stepped into the field.
e-commerce or electronic commerce
In today's modern age e-commerce or electronic commerce is being used all over the world to buy and sell their products. Simply put, e-commerce is something that we use on a daily basis, such as online bill payment or online shopping and many other things that can be done easily with your phone at home. Not possible before today.
Thanks to the convenience of 3G and 4G and increasing use of smartphones, now home and business have come together in one place, ie now we can do business from home and the shopping process has become very easy. Earlier people used to go to the markets for shopping but now it is not like that, especially after code 19 online shopping like other countries of the world is increasing day by day.
Fortunately, the present government has introduced an e-commerce policy. In this regard, in a meeting chaired by Prime Minister Imran Khan a few days ago, he termed e-commerce as the most important need of the country's economy and said that our aim is to facilitate small and medium enterprises and remove barriers facing the business community. To do He said that SBP and Ministry of Finance should facilitate freelancers, educated and skilled youth in earning employment. Remove barriers to the use of e-policy by both institutions.
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The development of any business is possible only when it is sponsored at the government level. In raising awareness about e-commerce in the world the head of Abilers whose name certainly does not need any introduction for the people associated with the e-commerce sector, met the President, a few days ago and e. Apart from the performance of his organization for the promotion and development of the commerce sector, he also apprised of the dire need for e-commerce in the current context. Together they assured government support at all possible levels for the promotion of e-commerce.
People have years of experience in technology, digital marketing, and product sales in international e-commerce channels, and have worked as a consultant for various companies in the UK, the Middle East, Pakistan, and other parts of the world. He has been selected by the United Nations Development Program (UNDP), which is working to eradicate poverty in 170 countries around the world, as its representative in Pakistan.
For new entrants to the world of e-commerce, Saqib Azhar's book 'Learn the Art of Peso Income via International E-Commerce' will definitely be a guide. He has compiled all his knowledge in this book after helping hundreds of people start their e-commerce business in Pakistan and also around the world while earning extra income from Amazon, eBay, and other online trading platforms. People are fully guided on the possibilities.