The internet has brought together many people from around the world to connect through virtual means – and this very connection has been making significant business development opportunities for nations in economic distress.
B2B eCommerce is a business process that involves selling and buying goods and services from companies to other businesses or consumers through a virtual medium. In a broader sense, B2B eCommerce can be classified into four types: business to consumer (B2C), business to business (B2B), business to government (B2G), and consumer to consumer (C2C)
B2C involves business dealings between a business and companies. Some common examples can include various consumer goods like software, games, songs, e-books, etc. In B2B eCommerce, there are agreements made between a business and other companies. Its applications are involved in various areas like inventory management, distribution management, supplier management, channel management, and payment management. C2C involves several transactions between every individual customer.
B2G is different from all three as it deals with a lot of public purchasing, license processing, and various other government operations focused on becoming the ideal driving force that runs the public sector, also known as e-governance.
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The Importance of B2B eCommerce in Bangladesh
To bring about a promising development in worldwide economies, the key development factors that need to be focused on are knowledge and details. As such, technological and innovative changes have been making a significant contribution to current economic development. Electronic commerce has become essential to every business. It ensures access to new markets, improves business growth rates, more versatility in trade policies, and reduces advertisement and sales costs.
Many B2B eCommerce businesses have been established in underdeveloped countries like Bangladesh. Instead of focusing on B2B eCommerce in developed states, developing countries show a much higher potential for enhancing their business structure and raise their productivity via B2B eCommerce as a medium.
To bring further light onto that statement, a report by the BTRC officials has stated that the internet subscribers in Bangladesh had crossed over 80 million in 2017. Plus, there are currently about 2,000 B2B e-commerce sites and around 50,000 Facebook-based outlets that have been delivering 30,000 products each day. As a result, 80% of online sales are taking place in Gazipur, Chattogram, and Dhaka.
With B2B eCommerce becoming more popular, Bangladesh has been witnessing increased online transactions over the years. There have been improvements in the standard of living that have been coupled with advancements in their livelihood, and the shopping experience has also witnessed a significant shift.
Although the B2B eCommerce industry in Bangladesh had been set in the late 90s, it was not until in the past couple of years that it began to expand gradually. open Banking, payment methods, logistics communication have improved in creating opportunities that can help the B2B eCommerce sector develop.
As a result of these economic developments, many established B2B eCommerce companies have been experiencing a boost in their business and have significantly grown into larger and influential companies. To look deep into their business and find out how they have made it so far, here are some of the top ten most popular B2B eCommerce websites in Bangladesh.
1. eWorldTrade
eWorldTrade is a leading business-to-business platform that links international buyers and sellers. Additionally, the B2B platform offers a variety of digital branding and lead generation services to producers, suppliers, wholesalers, and distributors worldwide.
The digital trading platform has been thoughtfully created and developed to help businesses compete more effectively by providing a secure, rapid, reliable, and legitimate medium of trading. eWorldTrade incorporates all new advanced features and functionalities that no other B2B platform has ever offered. To compete with competitive marketing trends and brand growth, eWorldTrade is the only B2B marketplace that enables millions of traders to have a global presence.
eWorldtrade is designed to be the most transparent worldwide B2B platform, bringing together millions of potential wholesalers, buyers, and sellers under one roof. We are committed to providing authentic, rapid, and inventive trading solutions that incorporate all new and revolutionary features that enhance trade effectiveness. eWorldTrade is a well-known business-to-business portal that connects buyers with effective digital solutions and services for brand growth.
2. Evaly
One of the biggest B2B eCommerce websites in Bangladesh is Evaly – an online platform capable of providing all kinds of products and services at every customer’s doorstep.
Established in 2018, Evaly has allowed customers to easily gain access to their marketplace through almost any technological device. The website consists of a wide and diverse range of products that can come in use for anyone, whether it’s just a pencil, a car, or even a piece of land – everything is available through this website.
The team behind Evaly are dedicated developers who have been dedicated to ensuring that their website provides a secure B2B eCommerce space for their consumers. The high-quality security and the diversity of its product range are some of the many things that make them so unique from other B2B eCommerce-based websites.
They have been pulling off their service through their state-of-the-art mindset and cutting-edge technology that has helped them gain their customers’ trust since the moment they began their launch. As such, customer satisfaction is critical to them, and they take their customer feedback very seriously.
Moreover, they also have an easy payment method system where you can either use your balance at Evaly to pay for your purchase, or you can use debit/credit card or bKash as an alternative. To ensure that customer satisfaction remains till the end, their product delivery has been known to only take 7 to 45 days to reach customers’ doorsteps.
3. Daraz
Another popular runner-up after Evaly is Daraz, serving as one of Bangladesh’s most popular online shopping businesses.
Right after its launch in 2015, it went through a massive boost in sales from a wide variety of customers from all over the country. From day one, it has been promising quick delivery services and offering detailed information about products, their processing information, and additional details, which has made it easier for customers to make their purchases. As a result, Daraz has gained a lot of credibility over the years and won the hearts of people for providing them with exceptional customer service.
When it comes to their product range, they offer a large selection of diverse products such as electronics, home appliances, books, fashion, health, sports, toys, and so much more. Aside from providing high-quality products, an additional bonus is that all their products come with a warranty.
Daraz also offers several discount coupons, including installment facilities that become available based on different purchases. Should you find a product that does not suit your tastes, or looks different in person than how it did on the website, they have a return policy where you can return the product back within seven days from its delivery date. And to further provide more ease for their customers, they have added several payment options to their websites like Bkash payment, cash on delivery, credit/ debit card, etc.
4. Bikroy.com
Even though most B2B eCommerce websites have similar aspects in their business processes that have helped them gain popularity, Bikroy.com has been hyping their customers for not only being one of the best B2B eCommerce website in Bangladesh but also for having some of the most unique services that make them slightly different from most of their business competitors.
As a huge platform that has grown over the years, Bikroy.com has been providing customers a space where they can simultaneously sell and buy all kinds of products. Whether if it’s just a phone or even a car, you can easily find a wide range of brands that can be found within seconds of choosing your item selection.
At Bikroy.com, you can find some of the most diverse range of second-hand products with some of the best deals you can find in your local region. All it takes is to post an ad on their website, which only takes a matter of minutes. Additionally, the website also offers free advertisement services for your business goods in about 50 different regions across the country. The authorities at Bikroy.com carefully take the time to verify every product to ensure that only the best quality products are available to their customers.
5. Chaldal
Chaldal is a revered online grocery store in Bangladesh where customers can easily get all of their food necessities delivered to them daily.
The goal behind Chaldal’s business is that they wish to make Bangladesh efficient enough so that people do not have to step out of their house to buy groceries every single day. Plus, not only do they provide fruits, rice, vegetable, etc., but they also offer additional product ranges such as home appliances, health and beauty products for its consumers.
As such, they have been successfully saving valuable time for their customers while simultaneously providing them with the comfort of being able to buy their daily necessities at home. Moreover, Chaldal.com has always been very active in organizing promotional activities for sales and creating captivating discounts for its customers via several different social media platforms.
6. Rokomari.com
This one is for the bookworms who are desperately searching for a place that can fulfill all of their requirements. Rokomari.com is currently one of the number one authentic online bookstores in Bangladesh.
Established in 2012, Rokomari started small but has never stopped in its pursuit to become a bigger business. Since the beginning, they have made sure that all of their books have a reasonable price range so that they are affordable to a wide range of customers while also offering them 50% discounts on their total purchased amount.
The website has also ensured that they have a wide selection of books meant for all age groups. Be it literature novels, science-fiction, health, art, fairytale, art, etc., are all available to the public. Aside from books, they also sell various other products such as accessories and electronics.
7. Clickbd
Clickbd is Bangladesh’s fastest growing online community for electronics as you can buy new items from prestigious brands and even sell some of your own various products at the best possible prices.
What makes this website different from its competitors is that this is the only website where trading is conducted in terms of real estate. Its audience is mainly targeted towards youth who are easily able to earn and can make a decent amount of pocket money by selling various products through their online platform. They also have an easy payment system where you can make your purchases via MasterCard, visa card, or cash on delivery.
8. Foodpanda
If you are feeling hungry but are too lazy to make the journey to a restaurant, you will find that the services from Foodpanda might just be what you are looking for.
Foodpanda is one of the most popular and ideal places for you to satisfy your food cravings. The company focuses on providing the best online food service experience ever by bringing your choice of meals to your doorsteps. It is also connected to many restaurants in your area so you have a wide selection of restaurants to choose your meals from.
In Dhaka, Sylhet, and Chittagong, more than 2,000 restaurants are available for food delivery services on their app. The process of ordering food is also pretty simple and fast, so customers do not have to spend a lot of time selecting their choice of food. Once you have selected your meal, you will simply need to either pay online through debit cards, or you can even opt for cash on delivery.
9. Priyoshop
Priyoshop is a highly acclaimed website that provides users a secure and hassle-free way of having an ideal online experience for its customers. They have a wide selection of products from some of the most prestigious brands on their webpage and have even been known for keeping up with the latest trends in fashion exclusively for fulfilling their customer’s requirements.
Hence, they are constantly uploading their new products and services and introducing special offers from time to time to make the shopping experience even better than the last. They also have a reliable and efficient delivery system which only takes 2-3 days to deliver their products to your doorsteps.
10. Bagdoom.com
Initially known as Akhoni, Bagdoom.com is one of the first B2B e-commerce platforms that got rebranded in Bangladesh and entered the market in 2010.
The prime focus of this company is to ensure that they keep up to the latest fashion trends that are preferred by the younger generation of Bangladesh. The website also has a section for their blogs that publish lifestyle-based articles targeted towards the youth.
So if you are in the mood to dress up fancy or just want to find something comfortable to wear, Bagdoom.com can provide you with many exciting discounts to keep their customers occupied with their best products at affordable prices.
