May 3, 2018 By Soorya
Dotcom Evolution” refers to the evolution and growth of the internet and e-commerce over the past few decades. The term “dotcom” refers to the “.com” top-level domain (TLD) used for commercial websites. The evolution of dotcoms can be divided into several stages:
Early Days (1995-2000): During this time, the internet was in its infancy and only a small percentage of people had access to it. The first e-commerce website, Amazon.com, was launched in 1995, followed by other dotcoms like eBay and PayPal.
The Dotcom Bubble (1999-2001): This period was characterized by a rapid increase in the number of dotcom startups and an explosion of investment in the sector. Many companies went public with little or no revenue and were valued at billions of dollars. This led to the dot-com bubble, which burst in 2000 and resulted in the collapse of many dotcoms.
Post-Bubble Consolidation (2002-2010): This period was marked by the consolidation of the dotcom industry and the emergence of a few dominant players, such as Amazon and Google. Many of the dotcoms that survived the bubble focused on profitability and sustainability, and the e-commerce market began to mature.
Mobile and social media Era (2010-present): The advent of smartphones and the rise of social media platforms have transformed the way people use the internet and interact with e-commerce websites. Mobile commerce and social commerce have become major drivers of e-commerce growth, and companies are increasingly using social media and mobile apps to reach customers and drive sales.
Overall, the dot-com evolution has had a profound impact on the world, transforming the way we live, work, and communicate.