Abstract:
During the past two decades, internet was growing its roles in affecting both the local and
international organization to achieve its business success. Internet was appeared as an
important tool for many purpose uses in this technology era. Business companies using
internet for internal communication among the colleagues to link each department to
optimize the efficiency and effectiveness for more quality works and also connect their
business partners around the globe. Government use internet to provide information and
services to the general public and internal communication between the government
departments. School or university use internet to search more teaching materials to
improve the studies among students while for general public, internet was used to search
information, social networking, education and now they can even use internet to purchase
goods. The main objective of this study is to know the attitudes of the students towards
online shopping behavior. The population of this research consists of people who have the
experience of online shopping. Responses have been gathered through a structured
questionnaire survey with five point likert scale. The findings reveal that people prefer
shopping online for convenience, time consciousness, trust, offers and variety of products.
Based on the findings of the empirical data and the comments of the respondents, some
recommendations have been given for the online stores.
Description:
During the past two decades, internet was growing its roles in affecting both the
local and international organization to achieve its business success. Internet was appeared
as an important tool for many purpose uses in this technology era. Business companies
using internet for internal communication among the colleagues to link each department to
optimize the efficiency and effectiveness for more quality works and also connect their
business partners around the globe. Government use internet to provide information and
services to the general public and internal communication between the government
departments. School or university use internet to search more teaching materials to
improve the studies among students while for general public, internet was used to search
information, social networking, education and now they can even use internet to purchase
goods.
Yet, the internet speeds in Bangladesh still need some improvement. According to
ISP (2017), Bangladesh ranked in the top 10 slowest internet speeds in the world.
Bangladesh itself has achieved rapid development in the adoption of broadband services
within a short time period with the household broadband penetration rate of 6 percent in
2006 to 18.7 percent in 2016 surpassing the target of 50 percent penetration rate set in 2010
(MCMC, 2012).
In this globalization era, e-commerce has potential growth in recent year and thus
many successful retailers are seeking for global penetration especially through e-
commerce. According to Hana, Mike and Parvaneh (2013), global online retail sales were
increased from US$236 billion in year 2007 to US$521 billion in year 2012 which
accounted for 17 percent annually from year 2007 to year 2012. It had slightly increased
compared to 13 percent annually from year 2006 to year 2011 (Hana, Mike & Parvaneh,
2012). E-commerce is the easier and faster ways to expand business in the low cost manner and it provided opportunities for global retailers to build their brands and learn about the
consumers in other countries before expanding their business or investing a company or
store in particular countries. According to ISP (2016), the population penetration rate of the
broadband subscriptions in Bangladesh is 38.1 percent. In order to promote Internet usage,
government should setup Internet Centre, mini community broadband Centre, Community
Broadband Library and Wireless Village to increase the use of internet among the citizens
which indirectly boost the online shopping rates.