E-commerce Business in Bangladesh
Information technology is now an integral part of human life. Keeping pace with the developed world, technology is also in Bangladesh. Because of using internet technology, the communication system has been easier and faster. As a result, business promotion and expansion of the business is emerging fast day by day. The buyer-seller is not going to buy and sell the product from one place to another. Through a mobile phone or a computer, both the buyer-seller can check the market for the product. Through the website, product manufacturer can spread the details of all products or services in the world. The customer or consumer can order products or services accordingly and they can pay the amount via online.
E-commerce or internet based business is becoming more popular with the path of a digital age that has started in Bangladesh. One of the areas where we are seeking e-commerce is selling products. Some are selling products by opening some e-commerce sites and some are selling products on Facebook by creating a facebook page, which is expanding very fast in our country. In developed countries, people are constantly buying their daily products while sitting in the house. Road traffic jam, a lot of people in the shopping mall, bargaining, etc. people were in an uncomfortable situation. E-commerce sites have come up with a way to get rid of all these troubles.
There are also some sites in our country such as Chaldal, Bagdum, Priyoshop, daraz, rokomari, ajkerdeal, or kiksha from which people are conveniently buying the necessary products. These e-commerce sites are selling various brand products in their own pages, where there is a lot of products to choose from. Not only that, these products are delivered to specific addresses. And it has the advantage of many people.
There are also challenges for the Entrepreneurs. A lot of e-commerce sites are being created in our country. To maintain the quality of the product, to deliver the right product at the right time, there is a lot of challenges to be settled. Because, everything depends on customer service. The customer will be more interested in buying products if the service will be as good as they expect.
Type of E-commerce:
• Business to Business (B2B)
• Business to Consumer (B2C)
• Consumer to Business (C2B)
• Consumer to Consumer (C2C).
There are many benefits in e-commerce: • Business management and shopping costs are low. • The main advantage of e-commerce is geographical constraints and eliminating time. • Buy and sell any products at home easily.
Because of these advantages, our country's e-commerce business is expanding and the progress will be going on.