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IMPACT OF ONLINE TRADING
AND ECOMMERCE ON THE
ECONOMY OF BANGLADESH.
AUB CSE 46 (eCommerce Team)
Our Team
 201421112 - Md. Monir Hossain
 201420341 - Md. Abdus Salam
 201421070 - Md. Shakhawath Ullah
 201420157 - Md. Rasel
 201421041 - Tamanna Sultana
Introduction
Now-a-days e-commerce is growing popular in an emerging economy. Ecommerce
began in1995. It requires the digital goods for caring out their transactions. Digital goods
are goods that can be delivered over a digital network. E-commerce is rapidly
transforming the way in which enterprises are interacting among each other as well as
with consumers and Governments. As a result of changes in the landscape of ICTs, e-
commerce is now growing rapidly in several emerging markets and developing
economies. The technologies designed to improve commercial transactions using the
Internet have evolved as quickly. However, we have not yet achieved an ideal world of
painless and secure transactions utilizing the Internet, as unresolved privacy issues of
the purchaser have impeded the further development of the technologies. E-commerce
has been hailed by many as an opportunity for developing countries to gain a stronger
foothold in the multilateral trading system. E-commerce has the ability to play an
instrumental role in helping developing economics benefit more from trade. The growing
use of the Internet, tablet devices, and smart phones coupled with larger consumer
confidence will see that ecommerce will continue to evolve and expand. With social
media growing exponentially in recent years, the conversation between businesses and
consumers has become more engaging, making it easier for transactional exchanges to
happen online. Internet retailers continue to strive to create better content and a realistic
shopping experience with technologies like augmented reality. E-commerce could deliver
a significant benefit to businesses in developing countries by increasing their control
over its place in the supply chain, thus improving its market efficiency.
What is E-commerce?
Electronic commerce, or e-commerce, is the buying
and selling of goods and services on the Internet.
Other than buying and selling, many people use
Internet as a source of information to compare
prices or look at the latest products on offer before
making a purchase online or at a traditional store. E-
Business is sometimes used as another term for the
same process. More often, though, it is used to
define a broader process of how the Internet is
changing the way companies do business, of the
way they relate to their customers and suppliers,
and of the way they think about such functions as
marketing and logistics. For the purpose of this
study e-commerce is taken to mean doing business
electronically.
Why E-commerce?
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
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 and
get awareness about substitute products. Due to transparency
of the market, customer can compare the services of various e-
commerce sites easily. For instant, in case of e-commerce the
competitors are one click away from customer. If clients are not
happy with the products, prices or services offered by a
particular ecommerce site, they are able to change much more
easily than in the physical. From the Sellers’ point of view, they
don’t need to have physical existence of shop.
Major E-Commerce Segments in
Bangladesh
 Business to Business (B2B)-organizations selling
goods & services to other organizations
 Business to Consumer (B2C)-organizations
selling goods & services directly to consumers
 Consumer to Consumer (C2C)-consumers selling
goods & services (used or new) to other potential
consumers
 Business to Government (B2G)-private
organizations selling goods & services to the
government
 Business to Employee (B2E)- private
organizations selling various goods & services at
in individual level primarily targeting various
employees of different organizations
Overview the E-Commerce In
Bangladesh
E-Commerce in Different Sector in
Bangladesh
 Ready Made Garments (RMG).
 Banking sectors (Online Banking).
 Online Shopping.
 Web Hosting, Domain.
 Online cards, gifts.
 Online Transportation System.
 Hotel Management and Tourism etc.
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.
Key developments of Internet
service are
 The focus starts to build on the country developing into
„Digital Bangladesh‟ by 2021 with this
 strategy providing a boost to infrastructure.
 Mobile internet services have been giving a much
needed boost to internet access.
 Provide board band services, however, continue to
struggle.
 Rapid early growth in WiMAX services after operators
launch.
 BTRC issued 34 additional IIG licenses in 2012.
 Banglalion and Augere were permitted to upgrade their
networks to TD-LTE .etc.
Constraints to E-Commerce in
Bangladesh
 Poor telecommunication infrastructure.
 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 E-Commerce Websites in
Bangladesh
 www.bikroy.com
 www.akhoni.com
 www.ajkerdeal.com
 www.chaldal.com
 www.daraz.com.bd
 www.rokomari.com
Benefits of E-commerce
 Reduced transaction costs for participating exchange in a market.
 Increased comfort - transactions can be made 24 hours a day, without requiring the
physical interaction with the business organization.
 Time saving- Customer can buy or sell any product at any time with the help of
internet.
 Quick and continuous access to information Customer will have easier to access
information check on different websites at the click of a button.
 Convenience-All the purchases and sales can be performed from the comfort sitting
a home or working place or from the place a customer wants to.
 Switch to others companies-Customer can easily change the company at any time if
the service of a company is not satisfactory.
 Customer can buy a product which is not available in the local or national market,
which gives customer a wider range of access to product than before.
 A customer can put review comments about a product
 Increases revenue. Reduces operation and maintenance costs. Reduces purchase
and procurement costs. Raises customer loyalty and retention. Reduces
transportation costs. Develops customer and supplier relationships. Improves speed
of the process of selling. Improves internal and external communicate.
Challenges in E-commerce
 There is a lack of system security, reliability, standards, and some communication
protocol.
 Trust is the most important factor for the use of the electronic settlements
 Lack of education
 Cultural tradition
 Poor concept of online marketing
 Political problem
 High cost of products/services comparing traditional market
 Internet coverage arena is limited
 Communication is haphazard over the country
 Lack of trustable business and enterprise and
 Lack of experience of meeting directly with merchant and customer.
 INFRASTRUCTURE PROBLEMS
 ABSENCE OF CYBER LAWS
 PRIVACY AND SECURITY CONCERN
 DIGITAL ILLITERACY AND CONSUMER PSYCHE
Impact of eCommerce
 Impact on costs related to logistics
 Changing Cost Structure of the Value Added
Chain
 Direct Communication with Customers
 Greater choice, Lower prices & availability of
new products
 Global markets & Greater competition
 Organization, Finance, Education & Business.
 Marketing, Manufacturing & transport.
E‐Commerce Success and
Failure
The Internet has completely changed the way most
businesses operate. Ecommerce uses inter-
networked computers to create and transform
business relationships. Web applications provide
business solutions that improve the quality of goods
and services, increase the speed of service delivery,
and reduce the cost of business operations.
However, many ventures into web application
development fail because the systems are very
complex and the user requirements are continuously
hanging. Inefficient communication between the end
user and the developer is another contributing
factor. To successfully accomplish the development
of a web application, one needs to visually model
the system’s architecture.
Key Feature’s
 Admin Dashboard
 Category
 Sub-Category
 Child-Category
 Product Management
 Website Setting
 Payment Setting
 Menu Setting
 ORDERS Management
 Frontend
 User Panel
Development Tools
 Sublime text editor
 Visual studio Code
 Photoshop
 illustrator
Development languages
 HTML
 CSS
 PHP
 MySQL
 JavaScript
HTML Code (Header)
HTML Code (Footer)
CSS Code
JavaScript
File structure with function.php
index.php
Index.php
DB: SQL.sql
Installation: Login cPanel
Installation: Go File Manager
Installation: Upload all file into
publichtml
Installation: Config function.php
Installation: Create Database and insert
*.sql
User Details & Project URL
 Site Url:
http://www.anneshabd.com/aub/
 Admin Url:
http://www.anneshabd.com/aub/admin/
User id: admin
Password: admin
Home & Category Pages
Product Details and Cart pages
Reg. & Sign in page
My Account & Checkout pages
Admin Login Page
Dashboard
THANKS

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Impact of online trading and e-commerce on the economy of Bangladesh

  • 1. IMPACT OF ONLINE TRADING AND ECOMMERCE ON THE ECONOMY OF BANGLADESH. AUB CSE 46 (eCommerce Team)
  • 2. Our Team  201421112 - Md. Monir Hossain  201420341 - Md. Abdus Salam  201421070 - Md. Shakhawath Ullah  201420157 - Md. Rasel  201421041 - Tamanna Sultana
  • 3. Introduction Now-a-days e-commerce is growing popular in an emerging economy. Ecommerce began in1995. It requires the digital goods for caring out their transactions. Digital goods are goods that can be delivered over a digital network. E-commerce is rapidly transforming the way in which enterprises are interacting among each other as well as with consumers and Governments. As a result of changes in the landscape of ICTs, e- commerce is now growing rapidly in several emerging markets and developing economies. The technologies designed to improve commercial transactions using the Internet have evolved as quickly. However, we have not yet achieved an ideal world of painless and secure transactions utilizing the Internet, as unresolved privacy issues of the purchaser have impeded the further development of the technologies. E-commerce has been hailed by many as an opportunity for developing countries to gain a stronger foothold in the multilateral trading system. E-commerce has the ability to play an instrumental role in helping developing economics benefit more from trade. The growing use of the Internet, tablet devices, and smart phones coupled with larger consumer confidence will see that ecommerce will continue to evolve and expand. With social media growing exponentially in recent years, the conversation between businesses and consumers has become more engaging, making it easier for transactional exchanges to happen online. Internet retailers continue to strive to create better content and a realistic shopping experience with technologies like augmented reality. E-commerce could deliver a significant benefit to businesses in developing countries by increasing their control over its place in the supply chain, thus improving its market efficiency.
  • 4. What is E-commerce? Electronic commerce, or e-commerce, is the buying and selling of goods and services on the Internet. Other than buying and selling, many people use Internet as a source of information to compare prices or look at the latest products on offer before making a purchase online or at a traditional store. E- Business is sometimes used as another term for the same process. More often, though, it is used to define a broader process of how the Internet is changing the way companies do business, of the way they relate to their customers and suppliers, and of the way they think about such functions as marketing and logistics. For the purpose of this study e-commerce is taken to mean doing business electronically.
  • 5. Why E-commerce? 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 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 and get awareness about substitute products. Due to transparency of the market, customer can compare the services of various e- commerce sites easily. For instant, in case of e-commerce the competitors are one click away from customer. If clients are not happy with the products, prices or services offered by a particular ecommerce site, they are able to change much more easily than in the physical. From the Sellers’ point of view, they don’t need to have physical existence of shop.
  • 6. Major E-Commerce Segments in Bangladesh  Business to Business (B2B)-organizations selling goods & services to other organizations  Business to Consumer (B2C)-organizations selling goods & services directly to consumers  Consumer to Consumer (C2C)-consumers selling goods & services (used or new) to other potential consumers  Business to Government (B2G)-private organizations selling goods & services to the government  Business to Employee (B2E)- private organizations selling various goods & services at in individual level primarily targeting various employees of different organizations
  • 7. Overview the E-Commerce In Bangladesh
  • 8. E-Commerce in Different Sector in Bangladesh  Ready Made Garments (RMG).  Banking sectors (Online Banking).  Online Shopping.  Web Hosting, Domain.  Online cards, gifts.  Online Transportation System.  Hotel Management and Tourism etc.
  • 9. 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.
  • 10. Key developments of Internet service are  The focus starts to build on the country developing into „Digital Bangladesh‟ by 2021 with this  strategy providing a boost to infrastructure.  Mobile internet services have been giving a much needed boost to internet access.  Provide board band services, however, continue to struggle.  Rapid early growth in WiMAX services after operators launch.  BTRC issued 34 additional IIG licenses in 2012.  Banglalion and Augere were permitted to upgrade their networks to TD-LTE .etc.
  • 11. Constraints to E-Commerce in Bangladesh  Poor telecommunication infrastructure.  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.
  • 12. Major E-Commerce Websites in Bangladesh  www.bikroy.com  www.akhoni.com  www.ajkerdeal.com  www.chaldal.com  www.daraz.com.bd  www.rokomari.com
  • 13. Benefits of E-commerce  Reduced transaction costs for participating exchange in a market.  Increased comfort - transactions can be made 24 hours a day, without requiring the physical interaction with the business organization.  Time saving- Customer can buy or sell any product at any time with the help of internet.  Quick and continuous access to information Customer will have easier to access information check on different websites at the click of a button.  Convenience-All the purchases and sales can be performed from the comfort sitting a home or working place or from the place a customer wants to.  Switch to others companies-Customer can easily change the company at any time if the service of a company is not satisfactory.  Customer can buy a product which is not available in the local or national market, which gives customer a wider range of access to product than before.  A customer can put review comments about a product  Increases revenue. Reduces operation and maintenance costs. Reduces purchase and procurement costs. Raises customer loyalty and retention. Reduces transportation costs. Develops customer and supplier relationships. Improves speed of the process of selling. Improves internal and external communicate.
  • 14. Challenges in E-commerce  There is a lack of system security, reliability, standards, and some communication protocol.  Trust is the most important factor for the use of the electronic settlements  Lack of education  Cultural tradition  Poor concept of online marketing  Political problem  High cost of products/services comparing traditional market  Internet coverage arena is limited  Communication is haphazard over the country  Lack of trustable business and enterprise and  Lack of experience of meeting directly with merchant and customer.  INFRASTRUCTURE PROBLEMS  ABSENCE OF CYBER LAWS  PRIVACY AND SECURITY CONCERN  DIGITAL ILLITERACY AND CONSUMER PSYCHE
  • 15. Impact of eCommerce  Impact on costs related to logistics  Changing Cost Structure of the Value Added Chain  Direct Communication with Customers  Greater choice, Lower prices & availability of new products  Global markets & Greater competition  Organization, Finance, Education & Business.  Marketing, Manufacturing & transport.
  • 16. E‐Commerce Success and Failure The Internet has completely changed the way most businesses operate. Ecommerce uses inter- networked computers to create and transform business relationships. Web applications provide business solutions that improve the quality of goods and services, increase the speed of service delivery, and reduce the cost of business operations. However, many ventures into web application development fail because the systems are very complex and the user requirements are continuously hanging. Inefficient communication between the end user and the developer is another contributing factor. To successfully accomplish the development of a web application, one needs to visually model the system’s architecture.
  • 17. Key Feature’s  Admin Dashboard  Category  Sub-Category  Child-Category  Product Management  Website Setting  Payment Setting  Menu Setting  ORDERS Management  Frontend  User Panel
  • 18. Development Tools  Sublime text editor  Visual studio Code  Photoshop  illustrator
  • 19. Development languages  HTML  CSS  PHP  MySQL  JavaScript
  • 24. File structure with function.php
  • 30. Installation: Upload all file into publichtml
  • 32. Installation: Create Database and insert *.sql
  • 33. User Details & Project URL  Site Url: http://www.anneshabd.com/aub/  Admin Url: http://www.anneshabd.com/aub/admin/ User id: admin Password: admin
  • 35. Product Details and Cart pages
  • 36. Reg. & Sign in page
  • 37. My Account & Checkout pages