Welcome to you all, we hope today to show you the history of online retail and where you can shop for high-quality bargains both in confidence and save money while doing it.
Once again, I thank our hosts BargainBrute.com, America's favorite place to shop online in 2020, for making this short narrative possible.
So who are BargainBrute? They are one of America's few family businesses still up and running, and look likely to grow even more as their customer base continues to soar above all expectations and quite rightly so.
Yes, it has become quite clear that their policy to go out there and find good quality bargains and then pass them onto their online clientele, at the lowest prices possible while still maintaining the quality of their product, is what online shoppers have wanted since the creation of online shopping some forty years ago by Robert Aldrich, who at the time lived in the United Kingdom.
Simply put, you will not find bargain products of the quality found at BargainBrute anywhere else on the Internet.
Authors note: Please remember any items or products you come across while reading this short article can be found by visiting America's favorite place to shop online BargainBrute.com.
Yes, back in 1979 Michael Aldrich had a dream. He dreamt that one-day people would be able to shop from the comfort of their own homes while using new technology only recently made available to them. Before that date, it was only governments and the military who could afford or install the elements required to surf the then very young Internet.
His first attempt which was surprisingly successful was made possible by utilizing a standard television, which was hooked up to a multi-user transaction machine (the runner of the computer) which was in turn connected to a regular telephone line. He named this new retail experience "teleshopping"an idea he formed while out for a stroll with his wife.
Of course, it would take time before online retail became the mega retail business of today, and of course, it would require the invention of a reliable home computer to make Aldrich's dream become a reality, and this would happen in France where the first-ever internet system called "Minitel" was launched in 1982.
This system, and I remember it well, was free to anyone who had a telephone line. Overnight millions of people dialled in and set up personal internet accounts, by 1999 so successful was the system that "Minitel," had over 25 million users, all of who were using in some way or the other one of the 9 million Minitel terminals sold.
However, sadly for Minitel, their system was dreadfully slow. I can remember waiting a good 30 minutes for a webpage to download, so for online shopping, it was almost useless, and somewhat dangerous to use, but it still managed to run in some of the backwaters of the worldwide web, listing right up to 2011 when "France Telecom" shut it down for good.
This would be an excellent place to talk further about the downfall of "Minitel," which began in 1990 when Tim Berners Lee along with his lifelong friend Robert Cailliau proposed a Hypertext system which would later become known as the "WorldWibeWeb". The Internet had become a reality, and Michael Aldrich's dream had, at last, come true.
However, as with all things, there were a few hiccups. The newly formed "WorldWideWeb" was not available to all, it was in fact just available to governments and the military, and it would take until Aug 6, 1991, and then only after much lobbying that the National Science Foundation opened up the Internet to all. This was the turning point, and we users made full use of it, online shopping saw a staggering leap in consumer spending so much so that in just a couple of months there were over 120,000 registered users, and I just happened to be one of them.
Of course, it was not long for other business to spring into action. Computer gurus, not online retail companies I am happy to state, saw additional ways to make money with this new-fangled system, and in 1995, the NSF began to sell domain names, a very lucrative business as it still is today.
Yes it was a very profitable business to get in to. In just three years new domain names increased from 120,000 to a staggering 2 million, a figure which continues to increase up to the present day.
How many registered domains are there today? An estimated 350 million, an increase of over 2.5 million in just the past three months alone and most of them ending in either ".Net or.Com," an ending which the majority of online shopping sites end with today.
Yes, today we are lucky people, and even while the world is suffering under the cloak of a Coronavirus Pandemic we can still get our supplies and shopping from trusted online retailers like "Amazon," "BargainBrute.com," "eBay," and even "Wallmart," just to name a few. It also helps to know that when you shop online with one of these trusted online retailers, all of who have been in business for a very long time, that you can indeed shop online in peace, in comfort, and most importantly, in safety.
Still need convincing how much you can save if you were to shop entirely online? Analysts working over at the Adobe's Digital Price Index maintain that if the average person were to stop shopping at traditional brick and mortar outlets, and buy solely online, then consumers would save $2.5 billion every year and that you have to say is a large or in fact a considerable saving in anyone's world.
So in ending, I for one would like to thank Mr. Michael Aldrich for first coming up with this magical money-saving enterprise we now call online shopping.
So many thanks for reading this short online shopping narrative and I will look forward to seeing you all tomorrow.
So on behalf of the Vandergraph family, and every employee at Bargainbrute.com, together we "Thank you for shopping with us today".
Kind Regards and stay safe
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"O Divine Providence, we ask not for more riches but more wisdom with which to make wiser use of the riches you gave us at birth, consisting in the power to control and direct our own minds to whatever ends we might desire.”