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    Organizations

    conducting online

    business in Bangladesh

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    E-BUSINESSCourse code (MGT 3225)

    Section- B

    Term paper onOrganizations conducting online

    business in Bangladesh

    Submitted to Name: Rezwan ul Haque KhanDesignation: Assistant Professor,Marketing

    Submitted by Md. Jamal UddinID no: 111 081 111Mahanudul HasanID no: 111 071 209Muslima Akther ID no: 111 071 119Sharafat HussainID no: 111 061 153

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    Group-4

    United International University

    Date-13.12.2010

    13th December 2010

    To

    Rezwanul Haque Khan

    Assistant Professor,

    Marketing,

    United International University.

    Sub: Request to accept the term paper

    Dear Sir

    This is to inform you that we have finished our term paper for the course MGT (3225).

    We have chosen this topic for our term paper under your guidance. We wanted to find out

    that whether we are becoming materialistic and giving less important to our relation.

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    So, you would be kind enough to accept our term paper on the topic Organizations

    conducting online business in Bangladesh and oblige there by.

    Sincerely Yours,

    ----------------------

    On behalf of the group

    (Md. Jamal uddin)

    Methodology

    We have completed our term paper in the following procedures. We have collected data,

    and information, by the help of secondary source. Basically, we have tried to collect the

    real scenario of the present condition of Organizations online business in Bangladesh

    and oblige there by.

    Hypothesis

    At the time of our total working process it can be understood that online business in

    Bangladesh is the modern era for our country and it could be the highest source for

    generating revenue because all the developed nations in this world use this sector to

    generate large revenues. So from the side of Bangladesh it could be the good source

    because now its time for digital Bangladesh. It has huge sectors for investment. Our

    Government is also interested for helping this sector by seeing their interest, realizing our

    revenue and our great scope. Recently the Bangladesh Government has announced to

    create a digital Bangladesh new rules and technologies by the help of government.

    So, after building digital Bangladesh we can compete with other develop country.

    Limitation

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    We get very short time for our term paper. We have got only two weeks to prepare this

    report which is not enough time because we have other subjects exam and term paper.

    But we have tried our best to do this term paper.

    Executive Summary

    There are many companies in Bangladesh who conduct their business on online. It helps

    people to meet their domestic needs, foreign needs, foreign transactions, shopping etc.

    The companies we have selected for our term paper are Muktobazaar.com, Clickbd.

    Com and Aktelbd.com. We have tried to show how a company sells their product on

    online. The facilities they provide on online business are registration a new account, if

    anybody forgot Password, add items on shopping cart, remove items from shopping

    basket, finish shopping and place order, how to add a new shipping address, check order

    status and security policy. But peoples of our country are not interested to conduct online.

    So, we have to show interest in them by giving such facilities and up coming facilities.

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    1.0 Overview:

    Muktobazaar.com makes online shopping easy by allowing shoppers to shop across

    thousands of products from hundreds of stores and popular brands. Online shop for

    Bangladeshi gifts. Shop the latest in women, men, baby, kids, home, furniture, sports,

    toys, electronics, sharee, salwar kameez, shirts, pants, Panjabi and more. Send gifts to

    Bangladesh.

    Muktobazaar.com deliver Groceries, Flowers, Cakes, Chocolates, Sweets, Electronics,

    Handicrafts, Apparel, Religious Frames & statues, stuffed toys, kids crockery, household

    products, lifestyle products and much more. Muktobazaar delivery within 24 hours after

    an order given. Muktobazaar always open on Fridays for delivery.

    Min. Site Value : $11,520Max. Site Value : $23,375Domain Value : $10Daily Unique Visitors : 1,490Daily Ad Revenue : $32Alexa Rank : 102,400

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    Domain Age : 2 Years

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    Step 2. Choose your desired products and add to your basket.

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    Step 3. Provide your delivery date, time, location, and Gift Message.

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    Step 4. Pay in secure site (Paypal.com). It is 100% safe for your Credit Card and Bank Account.

    After payment, you will get an Order Confirmation Email, and after the delivery of your products to your recipient, you will also get

    another Delivery Confirmation Email.

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    3.0 Returns & Refunds Policy:

    3.1 Refunds Policy

    you are permitted to get a full refund for the products if they fail to deliver the product of

    your choice. No refund will be made for groceries, foods, flowers and perishables once

    received.

    3.2 Returns Policy

    we always try to maintain standard of quality. But incase of dissatisfaction of the

    recipient on our products or services, please inform our delivery persons at the time of

    delivery or in our office.

    - Perishable items such as meat, fish, sweets, cakes, flowers etc will not be changed or

    return on received.

    - Incase of gifts items or clothing please inform us within 2 working days by mail or

    phone. Please returned unworn, with tags attached.

    - Increase of electric and electronics products, warranty provided by the dealers.

    4.0 Privacy Policy:

    4.1 Security

    Our site has security measures in place to protect against the loss, misuse and alteration

    of the information under our control. We use SSL secure server with digital certificates

    (https ://) and all personal information is fully encrypted during all transactions.

    When they attempt to protect customer personal information, they cannot ensure or

    warrant the security of any information that provided to them and customer transmit such

    information to them at your own risk. Once they receive customer transmission they

    attempt to ensure the security of the customer personal information on their systems.

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    4.2 Password protected

    Customers are responsible for maintaining the confidentiality of their password and

    account and are fully responsible for all activities that occur using their own password

    Or account. Any unauthorized use of customer password or account or any other breaches

    of security notify them immediately. Keyword Spy will not be liable for any loss that

    customer may incur as a result of any third party's use of the password or account, either

    with or without customers knowledge. Customer may not use anyone else's password at

    any time.

    5.0 Delivery Policy :

    They provide nationwide delivery in Bangladesh. However, currently they deliver only

    selected products outside of Dhaka city. Design and color may vary depends on

    availability.

    5.1 SamedayDelivery

    same day delivery is available in Dhaka city only. Order must receive before 05:00 AM

    (Bangladeshi Time) for same day delivery. Cakes and Clothing is not applicable for same

    day delivery.

    5.2 Normal Delivery

    - Any one can select next 7 days as Delivery Date from the dropdown menu when

    checkout.

    - Minimum 2 days advance order required for cakes and flowers delivery.

    - Minimum 3-4 days advance order required for clothing.

    Detail delivery information is given below

    Bagerhat Tk. 990 Jessore Tk. 800Bandarban Tk. 1190 Jhalakati Tk. 850Barguna Tk. 900 Khulna Tk. 900Barisal Tk. 850 Kishoreganj Tk. 650Bhola Tk. 900 Munshiganj Tk. 500Bogra Tk. 750 Mymensingh Tk. 490

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    Chandpur Tk. 350 Narayanganj Tk. 350Chapai Nawabganj Tk. 990 Narsingdi Tk. 500Chittagong Tk. 800 Pabna Tk. 800Cox's Bazar Tk. 1190 Panchagarh Tk. 1150Dhaka Tk. 0 Rajshahi Tk. 800

    Dinajpur Tk. 1125 Rangpur Tk. 950Gazipur Tk. 100 Savar Tk. 150Gopalgonj Tk. 600 Sirajganj Tk. 650Gopalganj Tk. 650 Tangail Tk. 500

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    6.0 Overview

    ClickBD.com started its operations in April 14, 2005. ClickBD is Bangladesh's online

    marketplace where anyone can sell or buy almost anything. ClickBD has a strong and

    growing community of over 12,600 confirmed registered users who trade in a wide range

    of item categories including Electronics, Cameras, Phones, Computers, CDs, Mobiles,

    Fashion Accessories, Music, and Travel. Through a world-class technology infrastructure

    ClickBD enables & simplifies e-commerce for Bangladesh's expending online

    community. ClickBD aspires to continuously shape the Bangladeshi Internet revolution

    by building the largest person-to-person trading community in the country. Its mission is

    to provide an e-trading platform for Bangladesh where practically anyone can trade

    practically anything.

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    7.0 Selling process

    The five steps of the expert sales process are these: prospect, rapport, qualify, present,

    and close.

    1. Prospect: Step is usually when marketing does its thing delivering lots of theright traffic. You attract potential customers' interest, and once you've brought

    them to your site, the very first thing you do is reinforce that they're in the right

    place by presenting your unique selling proposition (USP).

    2. Rapport : where you lack that nose-to-nose (N2N) element, is simple but not

    easy. You can develop rapport through things such as the speed of your download

    and the professional appearance of your site; through elements that promote trust;

    through ease of navigation, the power of your text, and the relevance of your

    images; through exceptional customer service. You can also understand that there

    are different personality types and people have their particular way of shopping.

    You use that information to adapt your sales process to the individual, and you

    sell to customers in the way they want to be sold to.

    3. Qualifying: After all, wouldn't you want to buy if you were shown exactly what

    you want? Yet discovering exactly what your prospect really wants is your

    biggest challenge. Generally there are three types of buyers those who know

    exactly want they want, those who know generally what they want, and those who

    are browsing and need some direction.

    4. Present : Answer the prospect's questions, resolve objections, encourage the

    close, detail service plans, offer payment options, and explain guarantees to him

    and communicate not just anyplace but specifically at the point of action where itmatters most to your prospect that you stand behind your products and care about

    his or her security and privacy.

    5. Close : Here where you have to close the sale.

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    Clickbd overall analysis

    8.0 Buying and bidding process

    There is a user agreement for buying and bidding process on click bd.

    8.1 Membership Eligibility : Our services are available only to be used by individuals

    who can form legally binding contracts under applicable law. Without limiting the

    foregoing, our services are not available to children (persons under the age of 18) or totemporarily or indefinitely suspended ClickBD members. If you are a under the age of

    18, you can use this service only in conjunction with, and under the supervision of your

    parents or guardians. If you are registering as a business entity, you represent that you

    have the authority to bind the entity to this Agreement.

    8.2 Fees and Services : Joining and bidding on items at ClickBD is free. They do not

    charge any fees for listing items for sale through Auction and Classified service. they

    may charge a small fee to listing items for sale through Fixed Price on our Site and when

    you list an item you have an opportunity to review and accept the fees that you will be

    charged.

    8.3 ClickBD is a Venue: ClickBD is not an Auctioneer. Although we may refer to as an

    online auction web site, it is important to realize that we are not a traditional "auctioneer."

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    Instead, the Site acts as a venue to allow anyone to offer, sell, and buy just about

    anything, at anytime, from anywhere, in a variety of pricing formats, including a fixed

    price format and an auction-style format commonly referred to as "online auctions" or

    "auctions." We are not involved in the actual transaction between buyers and sellers. As a

    result, we have no control over the quality, safety or legality of the items advertised the

    truth or accuracy of the listings, the ability of sellers to sell items or the ability of buyers

    to pay for items. We cannot ensure that a buyer or seller will actually complete a

    transaction.

    Fixed Price Marketplace: We offer you the availability to purchase items at a fixed price

    from a service on an area of the site. This area is a venue that allows users to find and

    purchase items from other users at a fixed price.

    8.4 Classified : We also offer you the ability to response to a classified ad. This area is a

    venue that allows users to find services or items from other users who are looking for a

    person-to-person negotiation before trading such service or item.

    8.5 Identity verification : We use many techniques to verify the accuracy of the

    information our users provide us when they register on the Site. However, because user verification on the Internet is difficult, ClickBD cannot and does not confirm each user's

    purported identity. Thus, we have established a user-initiated feedback system to help

    you evaluate with whom you are dealing. We also encourage you to communicate

    directly with potential trading partners through the tools available on the Site and off the

    Site.

    8.6 Information Control : We do not control the information provided by other users that

    is made available through our system. You may find other user's information to beoffensive, harmful, inaccurate, or deceptive. There may also be risks dealing with

    international trade and foreign nationals. By using this Site, you agree to accept such

    risks and ClickBD is not responsible for the acts or omissions of users on the Site.

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    8.7 Bidding and Buying: As a buyer, you are obligated to complete the transaction

    with the seller:

    o if you purchase an item through one of our fixed price formats; or

    o if you are the highest bidder at the end of an auction (meeting the

    applicable minimum bid or reserve requirements) and your bid is accepted

    by the seller.

    9.0 Listing and Selling

    9.1 Listing Description : You must be legally able to sell the item(s) you list for sale on

    the Site. You must describe your item and all terms of sale on the listing page of the Site.

    Your listings may only include text descriptions, graphics, pictures and other content

    relevant to the sale of that item. All listed items must be listed in an appropriate category.

    9.2 Market Price : You must not put too high Reserve Price or unreal Market Price on

    your listing.

    9.3 Binding Bids: Except for items listed in a category under the Non-binding Bid

    Policy, if you receive at least one bid at or above your stated minimum price you are

    obligated as the seller to complete the transaction with the highest bidder upon the

    auction's completion, unless there is an exceptional circumstance, such as: (a) the buyer

    fails to meet the terms of your listing (such as payment method), or (b) you cannot

    authenticate the buyer's identity.

    9.4 Fraud : Without limiting any other remedies, ClickBD may suspend or terminate your

    account if we suspect that you have engaged in fraudulent activity in connection with the

    Site.

    9.5 Manipulation : Neither you, bidders nor sellers may manipulate the price of any itemnor may you interfere with other user's listings or transactions.

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    10.00 Youre Information

    10.01 Restricted Activities : Your Information and your activities on the Site shall not:

    (a) be false, inaccurate or misleading; (b) be fraudulent or involve the sale of counterfeit

    or stolen items; (c) infringe any third party's copyright, patent, trademark, trade secret or

    other proprietary rights or rights of publicity or privacy; (d) violate any law, statute,

    ordinance or regulation (including, but not limited to, those governing export control,

    consumer protection, unfair competition, antidiscrimination or false advertising); (e) be

    defamatory, trade libelous, unlawfully threatening or unlawfully harassing; (f) be obscene

    or contain child pornography or, if otherwise adult in nature or harmful to minors, shall

    be posted only in the Mature Audiences section and shall be distributed only to people

    legally permitted to receive such content; (g) contain any viruses, Trojan horses, worms,time bombs or other computer programming routines that may damage, detrimentally

    interfere with, surreptitiously intercept or expropriate any system, data or personal

    information; (h) create liability for us or cause us to lose (in whole or in part) the services

    of our ISPs or other suppliers; and (i) link directly or indirectly to or include descriptions

    of goods or services that: (aa) are prohibited under this Agreement; (bb) are identical to

    other items you have up for auction but are priced lower than your item's reserve or

    minimum bid amount; (cc) are concurrently listed for sale on a web site other than

    ClickBD's (this does not prevent linking to or advertising an ClickBD item from another

    web site); or (dd) you do not have a right to link to or include. Furthermore, you may not

    list any item on the Site (or consummate any transaction that was initiated using our

    service) that, by paying to us the listing fee or the final value fee.

    10.02 License: Solely to enable ClickBD to use the information you supply us with, so

    that we are not violating any rights you might have in that information, you agree to grant

    us a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sublicensable(through multiple tiers) right to exercise the copyright, publicity, and database rights (but

    no other rights) you have in Your Information, in any media now known or not currently

    known.

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    10.03 Access and Interference : Much of the information on the Site is updated on a real

    time basis and is proprietary or is licensed to ClickBD by our users or third parties. You

    agree that you will not use any robot, spider, scraper or other automated means to access

    the Site for any purpose without our express written permission. Additionally, you agree

    that you will not: (i) take any action that imposes, or may impose in our sole discretion an

    unreasonable or disproportionately large load on our infrastructure; (ii) copy, reproduce,

    modify, create derivative works from, distribute or publicly display any content (except

    for Your Information) from the Site without the prior expressed written permission of

    ClickBD and the appropriate third party, as applicable; (iii) interfere or attempt to

    interfere with the proper working of the Site or any activities conducted on the Site; or

    (iv) bypass our robot exclusion or other measures we may use to prevent.

    11.00 Feed back :

    11.01 Integrity : You may not take any actions that may undermine the integrity of the

    feedback system. We may limit the number of bids and listings you may place on the Site

    based upon the level of your feedback. If you earn a net feedback rating of -4 your

    membership may be suspended, and you may be unable to list or bid.

    11.02 Export: You acknowledge that your feedback consists of comments left by other users and a composite feedback number compiled by ClickBD, and that the composite

    number without the comments does not convey your full user profile. Because feedback

    ratings are not designed for any purpose other than for facilitating trading between

    ClickBD users, you agree that you shall not market or export your ClickBD feedback

    rating in any venue other than an ClickBD.

    11.03 Import : We do not provide you the technical ability to import feedback from other

    (non-ClickBD operated) websites to ClickBD because a composite number, without the

    corresponding feedback does not reflect your true online reputation within our

    community.

    11.04 Privacy: We do not sell or rent your personal information such as your name,

    credit card information, and billing address to third parties for their marketing purposes

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    without your explicit consent and we only use your information as described in the

    Privacy Policy. We view protection of users' privacy as a very important community

    principle. We understand clearly that you and your information is one of our most

    important assets. We store and process your information on computers located in the

    United States that are protected by physical as well as technological security devices. We

    use third parties to verify and certify our privacy principles.

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    Overview :

    Aktel is mainly a telecommunication industry in Bangladesh. But it has launched an

    online buy and sell store named robi.com. This web site has many varieties of products to

    buy and sell. Interested users have to register and then they can buy or sell their products.

    Its offers jobs, tutors, wholesale, retail, pet, industry, real estate, services, to-let etc. Robi

    Bazar is a service where mobile phone can be used as a 24-hours electronic market place.

    In Robi Bazaar, Sellers can post their products information to sell and buyers can search

    for their desired products to buy, using their mobile phone. In connection with it, buyers

    can reach to sellers, negotiate or start buying.

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    How to open an account

    Registration through WEB & WAP:

    Log in to http://robibazar.com

    click on the Click Here to Sign up Now Fill up Mobile Number using the format 88018xxxxxxxx

    Set your password in the Password field. Fill up the Full Name field.

    Choose your district and area from the District and Area drop down box respectively.

    Put your email address in the Email field e.g. [email protected]

    finally click on the Signup Now button

    you will get an SMS from 8484 and type y reply to 8484 for successful registration.

    Registration and Post via SMS:

    Handset operation

    Type regpasswordid / od

    Send to 8484

    To post an item Type postitem descriptions e.g. post i want to sell my handset

    Send to 8484

    Buy and Sell through WEB & WAP:

    To Post an item

    click on the Sell menu.

    Then click Post Item under My Item List.

    Add New Item List Form will appear and fill up all the necessary information fields for

    your selling item and finally click on Add Now

    To Buy an item click on the Buy menu.

    And choose your desire location item list with the help of Search Information Panel

    finally view the desire items and respective item's seller information.

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    Advertising & Items Alert:

    To get alert on your Mobile Handset for your preferable items you can set alert from

    Home page by clicking Click here to get Alert . Or

    You can set for individual items by going to My Bazaar tab and click on Alert from your

    desire item list.

    After that Alert Form will appear. Choose your desire item from the Category list.

    Fill up all the info. And click on Alert Me .

    Buying process:

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    First you have to click on the buy menu then the product appears and selects the item you

    want or you can go for search information for specific product.

    Selling process:

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    For selling the product you must have to register. Without registration one cannot sell the

    product.

    Conclusion:

    Online business in Bangladesh is growing rapidly. Through out this term paper we know

    about online stores in Bangladesh and their business on online. Almost all developed

    countries uses online shopping to save their time.

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