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Banking Exam Quetion - What is E-Commerce Business? Explain Present Scenario & Challenges of E-Commerce Business in Nepal







Introduction - Present Scenario & Challenges of E-Commerce Business in Nepal
Any business and business through computer and internet can be shortly called e-commerce businesses. Usually the buyer's purchase of goods and services through the buyer and seller through the internet can be called e-commerce business. There is a lot of potential business in Nepal, e-commerce. However, e-commerce businessmen of foreign investment in Nepal are active now, while only a few indigenous stores have gone on a profit. Among those famous e-commerce companies are Amazon, e-bay, Alibaba, Snapdeal, Quikr etc. However, Nepal's indigenous e-commerce businesses, Bhatbhateni Online, Munchha, Kamyu, Daraz.com.np, Sastodeal etc.

While studying failed failures, many e-commerce trades in Nepal seem to be unsuccessful. Now many e-commerce are attracting to the business, because IT users are growing. But there are many people who do not understand the efficiency and use of the Nepali users. Using a high-tech smartphone, using high-tech Internet, it can not be said that our market is ready for e-commerce culture. They have not yet reached online banking access. This does not matter when online purchases and payments are available.

In Nepal still cache is being played more. Currently there are hundreds of e-commerce and Facebook stores in Nepal. But most of the beginnings are likely to start and the amount of operation will also be closed. This is not even a night-consumed businessman. It takes a lot of time and effort. Website traffic only increases when users are free, then their order should be careful to make Satisfy.

Some major problems and challenges of e-commerce businessmen are as follows:

  • Wrong Product Creation & Design
  • Wrong team
  • Weak management
  • Businesses and Officers should not be suitable
  • Source and scarcity
  • Weak business plan
  • Do not pay attention to quality, pay attention only to cheap,
  • Apart from cycle cycle of the Valley, there can be no delivery arrangements in other places
  • Modern banking services do not get all over and everyone does not know about it
  • Do not use digital wallet and e-wallet to run all

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