Prospects of Ecommerce in online market place of Bangladesh: Lessons from the operations of Kaymu.com.bd
- Assistant Professor Marketing, Department of Business Administration, Dhaka City College.
- Assistant Professor ,Department of Human Resource and Management, School of Business & Economics, United International University.
- Lecturer Finance , Department of Business Administration , Dhaka City College.
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Internet is a globally interconnected network that includes millions of people, corporate body and government. Online marketing has become the storefront process for many of the world’s largest companies. Online marketing is a part of ebusiness. It can be learned as digital marketing, web marketing. Emarketing or internet marketing is the marketing of products or services over the internet. The emarkets of tomorrow may have little resemblance to the markets of today. To evaluate the overall prospect of ecommerce in the online marketing business is the main goal of the study. Here, one of the biggest names of the online marketing arena is Kaymu.com.bd has been chosen for the case study. This case, mainly deductive approach of research is followed along with the appropriate combination of inductive method. The commercial feasibility often an online market place and acceptability of on consumers has been attempted deriving in this study with the help of financial results and other indices of its overall performance. The results and analyses indicates a potential growth in business through great success story of Kaymu.com.bd and at the same time, the regulatory and other strong challenges are still found to be threatening. Finally, the study illustrates the significance of setting booming and retaining online market place in Bangladesh from the experiences of Kaymu Bangladesh.
[Sayeda Ferdous Lusanta, Sabrina Hoque Chowdhury and Adiba Belayete (2015); Prospects of Ecommerce in online market place of Bangladesh: Lessons from the operations of Kaymu.com.bd Int. J. of Adv. Res. 3 (Dec). 358-368] (ISSN 2320-5407). www.journalijar.com