E-commerce Challenges, Solutions and Effectiveness Perspective Bangladesh

• Published in: International journal of computer applications 2013-01, Vol.70 (9), p.9-17
• Main Authors: Hasan, Mahmudul, Huda, Mohammad Nurul
• Format: Article
• Language: English
• Subjects: Business; Channels; Developing countries; Electronic commerce; Internet; Mathematical models; On-line systems; Online
• ISSN: 0975-8887; 0975-8887
• DOI: 10.5120/11989-7867

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 busi-ness refers to the E-commerce which is recently moved in to developing countries like Bangladesh (BD). This paper de-scribes 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 busi-ness. 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 infra-structure and its future organizational structure. Market mid-dlemen, and industry and firm value chain are the most in-volvement in traditional businesses. Online marketplace eli-minates 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.