Post on 18-Jul-2015
Group Members Name :
Rubina Nazneen RothiID NO.11.01.02.013
Abdulla Al MahmudID NO.11.01.02.046
MD. Sifullah IslamID NO.11.01.02.009
Avijit KunduID NO.11.01.02.007
Mostafizur RahmanID NO.11.01.02.037
E-BUSINESS
SOME OPERATING SECTORS OF
E-COMMERCE IN BANGLADESH
1. PAY BILL
2. HOTEL BOOKING
3. ONLINE SHOPPING
4. RMG SECTOR
5. ONLINE BANKING
6. EDUCATION
E-BUSINESS
SOME E-COMMERCE WEBSITES OF
BANGLADESH:
1. Akhoni.com
2. Bikroy.com
3. Ekhanei.com
4. Cellbazar.com
5. E.t.c
STATUS OF E-COMMERCE IN
BANGLADESH
Emergence of E-Commerce in Bangladesh: with the increasing diffusion
of ICTs, more specifically the internet, the global business community is
rapidly moving towards Business-to-Business (B2B) e-commerce. The
buyers or importers gain a clear advantage when the Internet gives them
access to the global market, by which they can compare prices across
regions, find out whether prices vary by order fragmentation, get awareness
about alternative products. Consequently, the sellers or exporters make sure
that they are well portrayed in the cyber world through websites and
portals. Like buyers, sellers also benefit from increased and more efficient
access to the global market through the internet.
E-BUSINESS
E-BUSINESSThese positive indicators are favoring the
prospects of e-commerce in Bangladesh.
RMG Sector
Banking on the Web (Online Banking)
Online Shopping
Online cards, gifts
ADVANTAGES OF E-COMMERCE IN THE
PERSPECTIVE OF BANGLADESH
Expansion of the era of Business.
Reducing of unemployment problems.
Reducing of communication difficulties.
Access to the international market.
Competition against exporting in other countries.
Business in round the clock.
Helps to enhance the knowledge about business.etc.
E-BUSINESS
E-BUSINESS
Potentialities of E-commerce in Bangladesh
• Internet services are presently
available in Bangladesh. Its usage for
e-commerce by the Bangladeshi
producers to export as well as to
imports activities from abroad.
E-BUSINESS
• Increasing Number of MobileSubscribersThe telecommunication infrastructure any countryaffect the Internet services directly, cause it islargely depended on it and now a days more peopleare close to using e-commerce or participate in e-commerce activities.
• Increased number of Internet users
The number of internet users is increasing inBangladesh. In 2000, the number of internet userswas close to 30000, which is now (as of 2010) closeto 995,560.
E-BUSINESS
Business-to-Consumer (B2C) Scenarios
• Business-to-Consumer (B2C) e-commerce is
unlikely to be of much use in the foreseeable
future in Bangladesh.
• Non-availability of international credit cards,
foreign currency remittance restrictions and
informal payments at customs clearance will
discourage B2C in Bangladesh.
E-BUSINESSBusiness-to-Business (B2B) Scenarios
• Business to Business (B2B) scenario prevails in
Bangladesh to a very limited extent. The B2B
scenario exists mostly in the export sector, especially
in the Ready Made Garments (RMG) industry.
• E-commerce through the Internet is an effective
business tool for the RMG exporters. The Internet
would enable them to seek information about
potential buyers as well as raw material suppliers.
• The effective use of e-commerce both for placing
orders, purchasing raw materials and for quick and
efficient payment for any organization to enhance its
ability.
E-BUSINESS
Business-to-Government (B2G) Scenarios
• The government is a major buyer of goodsand services from the private sector byinviting tenders.
• Bangladesh Telegraph and Telephone Board(BTTB) initiated publishing those tendernotices of selected projects in its website.
• It reducing the extra administrative burden ofBTTB, it also enabled BTTB to close thosebids within a reasonable timeframe.
Lack of Education :
Large Number Of people are illiterate
Don’t know how to use internet
Also don’t understand effectiveness of
e-commerce.
E-BUSINESS
Fragile Economy :
Fragile Economy status in our country
When we convert traditional commerce
into e-commerce transformational
requirement which are subject to
investment
E-BUSINESS
Power Shortage :
Power Problem is one of the burning problem
in our country.
Without power facility we can access internet
In Bangladesh large position of rural areas
are far away from the electricity.
E-BUSINESS
Unavailable Internet Facility
Lack of internet facility is major barrier in
implementing e-commerce.
Cost of internet packages is high.
Wi-Fi facility is not available in many
organization or areas.
E-BUSINESS
Lack of Standardized Bengali software:
For this problem the conveyed information is not understanding to all
people
Somehow it seems meaningless to that people who have not better
knowledge about English.
E-BUSINESS
Discontinuous Human Resource Support :
We have enough talented people in our
country but the scope of showing that talent
is limited.
Most of organization like to serve in
traditional way that’s why scope is limited
for showing talent.
E-BUSINESS
E-BUSINESS
Major Constraints to E-Commerce:
There are various constraints to commerce and trade in general
and e-commerce in particular:
• Too few telephone connections
• Absence of a strong independent regulatory body for the telecommunication sector
• Absence of encryption law that precludes acceptance of digital signature.
• Strong dependence on Letter of Credit (L/C) to conduct international transactions.
• Non-issuance of international credit cards for cross border transactions.
E-BUSINESS
• Interest rate ceiling on export loans.
• High price of computer and hardware
• Lack of technically efficient personnel
• Lack of investment in hardware and software.
• Online banking connectivity is poor.
• Absence of sufficient cyber law
• Very slow & expensive Internet services.
• Lack of initiatives in taking e-commerce.
• Bureaucratic complexities
• Lack of awareness at government level of e-commerce issues
Major Constraints
E-BUSINESS
Recommendation:
To make ecommerce successful in our country we need the help of all aspect of people as well as govt. and business industry to cope up or overcome the following limitations
• Access to computer of household should be increased.
• User of software should be more simple for the easier use.The cost of using internet should be affordable to general people
• Its use should be made as easy as TV and newspaper so that it require unsophisticated skill.