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E-commerce has been the booming trend in the last ten years that just continues to expand. The first e-commerce was in 1886, a telegraph operator was able to obtain a shipment of watches that was refused by the local jeweler. Using the telegraph, he sold all the watches to fellow operators and railroad employees. Within a few months, he made enough money to quit his job and start his own store. The man's name was Richard Sears; his company later became Sears, Roebuck.
There have been recent reports of dot.com failures; there is growing recognition that the internet is unlikely to displace any traditional channels anytime soon...
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