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E-commerce in Bangladesh

| 19/05/2011 | 0 Comments

 

E-commerce (Electronic Commerce) is the buying and selling of products and services by businesses and consumers over the Internet. e-commerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Recently, e-commerce has become popular in the Bangladesh. It creates new market, reduces transaction costs and saves time.

A well-functioning e-commerce sys­tem also creates market for online security system, soft­ware, IT technician etc. We know it very well that science based job field is very small in our country. If e-commerce becomes popular, a good num­ber of jobs will be created.

At the same time proper rules and regulations must be formed to monitor and control e-commerce. We hope entrepre­neurs will come forward to make e- commerce popular and successful.click here to visit bangladeshi online market.

Benefits of E-Commerce:

  • Improve relationships with customers. Improved communication between partners leads to enhanced long-term relationships.
  • More reach to customers, there is no theoretical geographic limitations.
  • Most transactions are handled by software processes.  never requiring a real person until the item is ready to be packed and shipped. So e-commerce reduced product costs by reducing labour, reduced errors in keying in data, reduced paper work, reduce post costs etc.,
  • Shorter lead times for payment and return on investment in advertising, faster delivery of product.
  • Small and large firms alike have the opportunity to set-up and conduct business on the internet. The barriers to entry to the e-commerce are miniscule.
  • Buying/selling 24/7.
  • Customers can easily select products from different providers without moving around physically.
  • Early e-commerce was stunted by security fears, but improved technology has made millions of people worldwide feel comfortable buying online.

Finally, e-commerce can be a very rewarding venture, but you cannot make money overnight. It is important to do a lot of research, ask questions, work hard and make on business decisions on facts learned from researching e-commerce.

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Category: E-commerce, Internet Marketing, Sell And Earn

About the Author ()

Shah Sultan Rony is the founder and editor of earningfair.com. He is a Professional Blogger, SEO Consultant & Web Developer, running a number of sites from the BD. He is on a mission to help you grow your online business. He teach people how to make money online & created this blog to share his experience about internet marketing, search engine optimization, social networking to help part time and full time bloggers in increasing traffic with earnings. Catch more of his posts at <a href='htt

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