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Tamim Ahmed 19 Dec 2021 (1 year ago) Araihazar, Narayanganj, Dhaka, Bangladesh

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There is no substitute for trade in a country’s development and employment. The development of digital technology, the invention and development of the Internet and the introduction of electronic exchange systems beyond paper currency have also brought about a significant change in trade. Now trading can also be done electronically, which is popularly called e-commerce or e-commerce.

Any trade in goods or services has certain conditions. First is to have the product with the seller. Second, the buyer. to pay its exchange value by Its main method is direct communication between seller and buyer.

But in the age of internet, a seller can open his ‘shop’ on the internet with pictures, videos of his products. For this, his organization has to launch a website. The customer chooses the product of his choice online and pays the price. Currently, there are various debit or credit card payment options available in the country. Besides, payment can also be made through mobile banking. Thirdly, after receiving the price, the seller sends his product to the buyer’s address himself or through the company that supplies the product (courier service).

Apart from mobile or card, there is another bill payment method in e-commerce. This is called cash on delivery (COD). In this method, the buyer sits on the seller’s website and orders the desired product. The seller then ships the product to the buyer. Buyer receives the product and pays the bill.

Since 2011-12, E-commerce is slowly expanding in Bangladesh. Currently, everything from books to clothes, clothes, food, hobbies, etc. are being sold through e-commerce. As in conventional trade.

Two types of organizations can be observed in e-commerce. One type of firm sells only its own products. And some companies sell the products of many other companies. You have already seen many advertisements of such websites on websites, TV or newspapers.