E-commerce Business Opportunities, Challenges and Future in Bangladesh

Abstract

At the moment, this E-Commerce website has ushered in a new age and layer in the development of Bangladeshi shopping patterns. It has paved the way for new opportunities for both buyers and sellers in our region. As a result, our country is being linked to a digital purchasing environment. In this research paper, I will primarily focus on the benefits and drawbacks of this country's E-commerce scheme, as well as opportunities and risks. Also, the history and development of the E-commerce industry in Bangladesh, goals, methodology, drawbacks, and a variety of other topics are illustrated at the beginning of this article. The current market conditions and opportunities in this sector have been briefly listed based on primary and secondary data. Furthermore, risks to this business sector have been established, as have significant strategic, legal, and regulatory facets of this specific business sector. This article concludes with a SWOT review to determine the system's strengths and weaknesses. Based on that, a few suggestions will be made to develop this E-commerce site in Bangladesh. I've also included some tips and tricks for improving the E-commerce site in Bangladesh.