Future of E-Commerce in Bangladesh

E-commerce stands for Electronic Commerce. Trades that take place electronically/ virtually can be called e-commerce. But in real terms, e-commerce is more than just purchasing and offering things over the internet like through Bikroy & OLXbd. It is a wider term encompassing electronic trade of business and information between computers of two or more organizations.

The vast majority of the e-commerce businesses within Bangladesh is consumer to consumer. But some business to business and business to consumer trades have shown exponential growth prospects in recent times. Some online sites are working behind this. Buying and purchasing is now a matter of just one click. If you want to sell your articles, just take a picture of it and upload it onto the renowned site. It is not impossible that it will take some few moments to be sold. There are some very popular online sites that make possible doing online business. Clickbd is an online commercial center where anybody can offer or purchase anything. Second in the queue is Bikroy.com, a site where consumers can purchase and offer everything. They deliberately audit all advertisements that are, to verify that the quality conforms to the standard norms. OLX is the name of the upcoming free online class fields. On it, users can post advertisements with pictures with less hassle. Unlike other sites, it shows consumers advertisements on their long range interpersonal social networking profile such as facebook.

Akhoni.com was established with a mission to create online market and increasing sales of their merchants and create wonderful buying experience for their customers. Akhoni.com is the leading business to consumer e-commerce site. It is an online retail that empowers anybody from anyplace in Bangladesh to buy diverse items through on web. To buy on the web, anybody can use debit card, credit card, and mobile payments or even pay money when accepting commodities.

But there are some challenges lie in this sector. E-commerce companies are constrained within Dhaka and Chittagong. Although rural customers are more likely to order quality goods online, the delivery process is particularly troublesome outside these two cities. So the concerned authorities should initiate new paths to provide ordered good within the shortest possible time.