Skip to main content

Possibilities and Challenges of E-Commerce in Bangladesh

 E-commerce means buying and selling goods and services over the internet. There are different types of E-Commerce transactions like B2B, B2C, C2C, C2B etc. The  E-Commerce industry in Bangladesh is now at it's peak point. Specially due to rising cases of Covid-19 , people prefer to buy and sell products using the web. The concept of  online shopping has attracted people of our country tremendously.At first e-commerce was only limited to people of mega cities. But at present time, the giant e-commerce companies have expands their network and deliver throughout the country. Moreover exposure to internet has been a major factor behind the success of e-commerce. The fmost popular and successfulls e-commerce of Bangladesh are-Daraz.com.bd, Evaly, Bikroy.com,Rokomari, Ajker Deal, Walton e plaza, Bagdoom, Priyo Shop etc. Among them Daraz, Bikroy.com and Evaly are more popular than other sites. The rise of e-commerce in Bangladesh has not only opened many possibilities for consumers but also has changed the fate of many people who work for them. Due to covid situation, many people have lost their job but the e-commerce industry is still creating new employment opportunities.Many students also work part time as delivery person,as a result they are being able to bear their personal expenses.By 2021, The market measure for e-commerce in Bangladesh is equal to 70 billion which is quite appreciatable. The retail growth of e-coomerce in our country is 72% per month. However, currently the e-commerce industry is facing some challenges.Recently, Bangladesh Bank has fixed some regulations for e-commerce sites so that the consumer do not face any loss and to establish a fair business environment. From now on, each e-commerce site have to deliver their products within seven days or they will be fined. While publishing products on platform, they have to  publishthe price, descriptions and conditions if their is any. If they have to collect any information from consumer, then they need to seek their permission first.If any e-commerce site wants to sell any voucher or Google-play card then firstly they have to get permission from Bangladesh Bank.So it can be said that the main challenge for e-commerce sites is to deliver products on time. Consumer satisfaction is the core of any business, so if  any e-commerce site wants to be an efficient player in the market, then they have to focus on consumer satisfaction.

Comments

Popular posts from this blog

My Visit to Sylhet

 Sylhet is one of the most beautiful places in Bangladesh. It's a place of natural beauty. Sylhet is widely known for having tea gardens and hills. It is also a holy place as it is known as the place of 360 awlias(saints). Last year I got the opportunity to go to Sylhet. I visited Sylhet with my family. We went there by train. I sat beside the window and enjoy the scenes through the window. I was overwhelmed by the natural scenes. After seven hours long journey, we reached Sylhet. We visited all the places of tourist attractions like- Jaflong which is near the Indian border, Ratargul swamp forest, Lauachara forest, and Tangua Haor. We spent five days in Sylhet. I enjoyed each and every moments of my Sylhet tour.

My country-Bangladesh

The name of our country is the People's Republic of Bangladesh. It is one of the most beautiful countries in the world. Our country was a part of Pakistan before 1971. Then we freed our country and achieved victory after nine month's liberation war. 3 million people sacrificed their lives in the liberation war in 1971. Our independence day is 26th March and Victory day is 16th December. The national language of our country is Bangla. It is also a matter of great pride for us that we are the only nation that sacrificed their lives for the sake of their mother tongue on  21st February of 1952. In order to show respect to them, UNESCO has declared 21st February as International Mother Language Day. The name of the capital of Bangladesh is Dhaka. It is the busiest and populated city in our country. The total population is 16 crore. The total area of our country is 1,47,570 square km. Our country is a river-oriented country. The main rivers of our country are Padma, Jamuna, Meghna...

The Person I admire most (Prophet Muhammad PBUH)

The person I admire the most is our Prophet Rasulullah PBUH. I love him more than anyone else and even more than my life. He is the role model of honesty, kindness, truthfulness, and well mannered. Abdullah Bin Abdul Mutalib and Aminah Binti Wahab are his parents. He came from the greatest ethnicity in Mecca, which is Qusay Bin Kilab’s family tree from Prophet Ishmael’s generation. Muhammad (p.u.h) is a prophet sent from Allah to all humankind. He is the last prophet. He was born in Makah in the year 570. He was an orphan. So, he was raised by his uncle Abd Al Motaleb who was from a tribe called Qurays The personality of our prophet is too good that I do not have enough words to describe. He was called Al Amin because of his truthfulness. There is no one who can resemble him. He was popular even among non-Muslims because of his truthfulness, honesty, kindness, politeness, patience, and more. Prophet Muhammad is a great figure in the world, and one of the most influential peo...