Online Shopping In Bangladesh

Online Shopping In Bangladesh

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Literature review

 

A marketer has to look for different approaches to sell their products and in the current scenario, e-commerce has become the popular way of selling the goods. Whether it is durable or non-durable, everything is available from A to Z on websites. Some websites are specifically designed for specific product categories only, and some are selling everything.

 

The prominent factors like detailed information, comfort and relaxed shopping, less time consumption and easy price comparison influence consumers towards online shopping Online Shopping in Bangladesh. Furthermore, factors like variety, quick service and discounted prices, feedback from previous customers make customers prefer online shopping over traditional shopping Online Shopping in Bangladesh. It is more preferred by youth, as during festival and holiday season online retailers give ample offers and discounts, which increases the online traffic to a great extent Online Shopping in Bangladesh. Moreover, services like free shipping, cash on delivery, exchange and returns are also luring customers towards online purchases.

 

More and more people are preferring online shopping over traditional shopping because of their ease and comfort. A customer may have both positive and negative experiences while using an online medium for their purchase. Some of the past studies have shown that although there are so many benefits still some customers do not prefer online as their basic medium of shopping.

 

While making online purchase, customers cannot see, touch, feel, smell or try the products that they want to purchase Online Shopping in Bangladesh, due to which product is difficult to examine, and it becomes hard for customers to make purchase decision. In addition, some products are required to be tried like apparels and shoes, but in case of online shopping, it is not possible to examine and feel the goods and assess its quality before making a purchase due to which customers are hesitant to buy Online Shopping in Bangladesh in their study found product quality is the main factor, which worries consumer to make online purchase. Moreover, some customers have reported fake products and imitated items in their delivered orders Online Shopping In Bangladesh. A low quality of merchandise never generates consumer trust on online vendor. A consumer’s lack of trust on the online vendor is the most common reason to avoid e-commerce transactions Online Shopping in Bangladesh. Fear of online theft and non-reliability is another reason to escape from online shopping Online Shopping in Bangladesh. Likewise, there is a risk of incorrect information on the website, which may lead to a wrong purchase, or in some cases, the information is incomplete for the customer to make a purchase decision Online Shopping in Bangladesh. Moreover, in some cases, the return and exchange policies are also not clear on the website. According to Online Shopping in Bangladesh, the reliability and credibility of e-retailer have direct impact on consumer decision with regards to online shopping.

 

Online Shopping in Bangladesh revealed that when it comes to online retailers, some websites provide very little information about their companies and sellers, due to which consumers feel insecure to purchase from these sites. According to other research, consumers are hesitant, due to scams and feel anxious to share their personal information with online vendors Online Shopping in Bangladesh . Online buyers expect websites to provide secure payment and maintain privacy. Consumers avoid online purchases because of the various risks involved with it and do not find internet shopping secured Online Shopping in Bangladesh . Consumers perceive the internet as an unsecured channel to share their personal information like emails, phone and mailing address, debit card or credit card numbers, etc. because of the possibility of misuse of that information by other vendors or any other person Online Shopping in Bangladesh . Some sites make it vital and important to share personal details of shoppers before shopping, due to which people abandon their shopping carts (Yazdanifard and Godwin, 2011). About 75% of online shoppers leave their shopping carts before they make their final decision to purchase or sometimes just before making the payments Online Shopping in Bangladesh.

 

Moreover, some of the customers who have used online shopping confronted with issues like damaged products and fake deliveries, delivery problems or products not received Online Shopping in Bangladesh. Sometimes consumers face problems while making the return or exchange the product that they have purchased from online vendors Online Shopping in Bangladesh, as some sites gave an option of picking from where it was delivered, but some online retailers do not give such services to consumer and consumer him/herself has to courier the product for return or exchange, which becomes inopportune. Furthermore, shoppers had also faced issues with unnecessary delays Online Shopping in Bangladesh. Sometimes, slow websites, improper navigations or fear of viruses may drop the customer’s willingness to purchase from online stores Online Shopping in Bangladesh. As per an empirical study done by Online Shopping in Bangladesh, design of the e-store or website navigation has an impact on the purchase decision of the consumer. An online shopping experience that a consumer may have and consumer skills that consumers may use while purchasing such as website knowledge, product knowledge or functioning of online shopping influences consumer behaviour Online Shopping in Bangladesh.

 

From the various findings and viewpoints of the previous researchers, the present study identifies the complications online shoppers face during online transactions, as shown in Online Shopping in Bangladesh. Consumers do not have faith, and there is lack of confidence on online retailers due to incomplete information on website related to product and service, which they wish to purchase. Buyers are hesitant due to fear of online theft of their personal and financial information, which makes them feel there will be insecure transaction and uncertain errors may occur while making online payment. Some shoppers are reluctant due to the little internet knowledge. Furthermore, as per the study done by Nikhashem et al. (2011), consumers unwilling to use internet for their shopping prefer traditional mode of shopping, as it gives roaming experience and involves outgoing activity.

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