E-commerce Challenges, Solutions and Effectiveness Perspective Bangladesh

Abstract

Due to increasing the Information Technology around the world have a strong role in business sector that have already turned into online business many year past. This online business refers to the E-commerce which is recently moved in to developing countries like Bangladesh (BD). This paper describes the present challenges of E-commerce and it's solution in BD. It also discusses the effectiveness of E-commerce in financial sector of BD .Proper Ecommerce sites like Brand E-commerce play a vital role in employment generation as well as increasing the internet utilization .This research mainly describes the present status of BD's E-commerce sites as well as study of traditional commerce for developing online business. By surveying fruitful questionnaire from consumer site, E-commerce services provider related parties, banking sector give a perfect assessment of BD's present E-commerce infrastructure and its future organizational structure. Market mid-dlemen, and industry and firm value chain are the most involvement in traditional businesses. Online marketplace eliminates that involvement by creating an alternative channel from producer or manufacturer to consumers or audiences via Web [10]. As a developing country BD is not well known about IT sector. As a result this paper also shows how to reach digital Bangladesh. The comparative analysis of different E-commerce sites represents an analytical initiative. This research compares the local E-commerce sites with worldwide brand E-commerce sites to make an effective solution of BD's E-commerce.