Development dimensions of E-Commerce in Bangladesh: Scope, challenges and threats
Development dimensions of E-Commerce in Bangladesh: Scope, challenges and threats
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Date
2018-08
Authors
Adasa Nkrumah Kofi Frimpong
Md Nazirul Islam Sarker
Md Altab Hossin
Yin Xiaohua
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Abstract
The main purpose of the study is to explore the scope, challenges
and threats of e-commerce as well as its development dimensions
in Bangladesh. The study uses survey findings, SWOT analysis
approach and case study of two top ranking e-commerce business
institutions in Bangladesh. The study also uses secondary data
through extensive literature review. It reveals that there is a great
prospect of e-commerce in Bangladesh with growing trust, e commerce facilities, security, people’s awareness and
transformation from traditional shopping to online shopping. It
also explores that people like online shopping due to its
convenience, security and time saving nature. The study further
reveals that quality of the product, consumer dishonesty, lack of
proper cyber security in some e-commerce site, unavailable
banking facility, product availability and mandatory credit card
requirement are the major challenges to the development of e commerce in Bangladesh. The article suggests that a proper
initiative should be taken by the government to implement ICT
policy properly for smooth running e-commerce business in
Bangladesh and achieving goals of digital Bangladesh.
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Citation
Hossin, M. A., Sarker, M. N. I., Xiaohua, Y., & Frimpong, A. N. K. (2018, August). Development dimensions of e-commerce in Bangladesh: scope, challenges and threats. In Proceedings of the 1st International Conference on Information Management and Management Science (pp. 42-47).