E-Commerce in Bangladesh by md. mahbobor rahaman Lecturer (mis) Dept. of business administration, Leading University

E-commerce & Bangladesh E-commerce Is One Of The Most Uprising Sectors In Bangladesh For Connecting Global Business In All Aspects. The World Is Going As Rapid As We Think From Our Mind And Patronizing By The Modern ICT. The Growth Of World Population Of Internet And Use Of ICT In Different Sectors Have Reshaped The Way Of Communication And Demand Utilizing Its Potentials To The Development Of Trade, Industry And Commerce All Over The World.

Problems of e-commerce in BD Lack of legal acceptance: there is no proper legal support for e-commerce or online business sites in bangladesh. Government till now not introduced a full online or e-commerce law for promoting this sector of business.

Problems of e-commerce in BD Lack of development of it infrastructure: in bangladesh only 14.40per cent of populations are covered in internet access and most of the internet users are in mobile internet users. So there is a huge gap between the total number of population and total number of internet users in bangladesh because of lacking of proper of IT infrastructure.

Problems of e-commerce in BD Lack of expert professionals in it: we have so many public and private universities and they are enhancing their curriculum on the basis of theory and practice. But they don’t improve the practical and IT knowledge resources in their educational institutions.

Problems of e-commerce in BD High cost of internet: the broad band internet costs are relatively high in bangladesh compare to asian region. The broad band facilities are also cover the short range of total population.

Problems of e-commerce in BD High cost of electronic devices: till now in bangladesh the price of all computers, computer peripherals and computer related devices are sky scraper. The mass richness of computer and computer technology are far behind from the low and middle income group people of bangladesh.

Problems of e-commerce in BD Seasonal f-commerce business: there are so many facebook pages in bangladesh which are operating as a seasonal online business organization. They generally sell a certain amount of products and at a certain time they have been diminishing as a result customers are losing their initiative to buy from online.

Problems of e-commerce in BD Lack of trust on e-commerce: trust is the most important factor in e-commerce without trust e-commerce can’t flourish in bangladesh. Many online businesses have no validity in their operation of business and this is the major problem in bangladesh.

Problems of e-commerce in BD Unavailability of internet services: in bangladesh unavailability of internet facility is one of the major challenges for flourishing e-commerce operation. Though 14.4per cent of the population has access to the internet but still the expense and infrastructures is out of reach from the rural as well as urban people.

Problems of e-commerce in BD Problem in product selection: suitable products for basic demographics for example age; gender and ethnicity, market trends and customization of customers, buying habits, psychological and geographical factors and proper design of the products are major obstacles for e-commerce industry in bangladesh.

Problems of e-commerce in BD Complexity in payment procedure: payment is the very fundamental issue in e-commerce. Less user friendly, lack of trustworthiness, complex banking system, difficult access on internet etc are the main reasons for not having a proper payment procedure in bangladesh. Though in private sectors payment aggregators like SSL commerz is working as HUB and making e-commerce easier.

Problems of e-commerce in BD Unclear product delivery & return policy:On time product delivery and complicated return policy are still a challenge in e-commerce. Lacks of proper delivery time of product, unfriendly attitude from parcel companies, undefined return policy etc. Are the major return and delivery problems in bangladesh.