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All You Need to Know About Bangladesh's Top 10 Online Marketplaces - 2023
All You Need to Know About Bangladesh's Top 10 Online Marketplaces
Introduction
Online marketplaces have become an essential part of Bangladesh's e-commerce industry, connecting sellers and buyers on a single platform. This article will provide an overview of the top 10 online marketplaces in Bangladesh and their key features.
According to recent statistics, the e-commerce market in Bangladesh is growing at a staggering rate. The industry is expected to reach $5 billion by 2023, with an annual growth rate of 40%. This growth is attributed to the adoption of technology, rising internet penetration, and the growing middle class.
1.Daraz
History and background
Daraz is one of Bangladesh's leading online marketplaces, founded in 2012. It has operations in Pakistan, Sri Lanka, Myanmar, Nepal, and Bangladesh. In 2018, Alibaba Group acquired Daraz, making it a part of its global e-commerce network.
Products and services offered
Daraz offers a wide range of products, including electronics, fashion, home appliances, beauty products, and more. It also offers various services, such as express delivery, easy returns, and cash-on-delivery (COD) options.
Payment and delivery options
Daraz offers multiple payment options, including COD, debit/credit cards, and digital wallets. It has partnered with various logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Large product selection, express delivery, various payment options, easy returns.
Disadvantages: High shipping charges, frequent stock-outs, unreliable customer service.
2.Ajkerdeal
History and background
Ajkerdeal was launched in 2011 and is a leading online marketplace in Bangladesh. It offers various products across different categories such as electronics, fashion, beauty, and books.
Products and services offered
Ajkerdeal offers a wide range of products, including clothing, gadgets, accessories, and home appliances. It also offers services such as COD, easy returns, and same-day delivery in Dhaka.
Payment and delivery options
Ajkerdeal offers various payment options, including COD, debit/credit cards, and mobile banking. It has partnered with multiple logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Wide range of local products, easy returns, same-day delivery, various payment options.
Disadvantages: Low quality of some products, limited international brands, occasional shipping delays.
3.Bagdoom
History and background
Bagdoom is an online marketplace in Bangladesh that was founded in 2012. It offers various products, including fashion, accessories, and beauty.
Products and services offered
Bagdoom offers a range of local and international products, including clothing, accessories, gadgets, and books. It also offers free delivery and easy returns.
Payment and delivery options
Bagdoom accepts COD, credit/debit cards, and digital wallets as payment options. It has partnered with multiple logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Free delivery, various payment options, easy returns, wide range of local products.
Disadvantages: Limited international brands, occasional shipping delays, poor customer service.
4.Pickaboo
History and background
Pickaboo is a Bangladeshi e-commerce platform founded in 2016, offering online shopping services for electronics, gadgets, and home appliances.
Products and services offered
Pickaboo offers products ranging from electronics, gadgets, and home appliances to fashion, beauty, and home services. It also offers various services including free delivery and easy returns.
Payment and delivery options
Pickaboo accepts COD, credit/debit cards, and mobile banking as payment options. It has partnered with various logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Wide range of products, easy returns, various payment options, free delivery.
Disadvantages: Occasional stock-outs, inadequate packaging, inconsistent pricing.
5.Chaldal
History and background
Chaldal is an online grocery shopping platform that was launched in 2013. It has since expanded to become one of Bangladesh's leading online grocery stores.
Products and services offered
Chaldal offers a wide range of groceries, including fresh produce, meat, dairy, and beverages. It also provides delivery within 1 hour in Dhaka.
Payment and delivery options
Chaldal accepts cash-on-delivery and mobile banking as payment options. It has its delivery fleet and operates accordingly.
Advantages and disadvantages
Advantages: Fast delivery, large selection of groceries, money-back guarantee, user-friendly website
Disadvantages: Limited service areas, occasional out of stock items, high delivery charges for low-value orders
6.Evaly
History and background
Evaly is an online marketplace in Bangladesh launched in 2018. The platform is one of the fastest-growing e-commerce sites in the nation.
Products and services offered
Evaly offers products ranging from tech gadgets, home appliances, fashion and accessories. It provide various services including 24/7 customer support and free delivery.
Payment and delivery options
Evaly accepts COD, credit/debit cards, and mobile banking as payment options. It has partnered with various logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Wide range of products, 24/7 customer support, free delivery.
Disadvantages: Occasionally difficult to find products, average customer service, reliability issues.
7.Othoba
History and background
Othoba is a general-purpose online marketplace in Bangladesh launched in 2015. Since 2017, Pran-RFL Group acquired 90% of the shares of the e-commerce business.
Products and services offered
Othoba offers a range of products, including fashion, electronics, gadgets, beauty, and home appliances. It also offers various services such as free delivery and easy returns.
Payment and delivery options
Othoba accepts COD, debit/credit cards, and mobile banking as payment options. It has partnered with various logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Large selection of products, free delivery, multiple payment options.
Disadvantages: Relatively small selection of international products, occasional shipping delays, low-quality packaging.
8.Robishop
History and background
Robishop is a Bangladeshi e-commerce platform founded in 2018, offering online shopping for electronics, gadgets, and home appliances.
Products and services offered
Robishop offers a wide array of electronics, gadgets, and home appliances, ranging from smartphones to televisions and refrigerators. It also offers various services, including free delivery and easy returns.
Payment and delivery options
Robishop accepts COD, credit/debit cards, and mobile banking as payment options. It has partnered with various logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Wide range of electronics and home appliances, free delivery, easy returns.
Disadvantages: Occasional poor product quality, lack of transparency regarding product origin, subpar customer service.
9.ClickBD
History and background
ClickBD is one of the oldest online marketplaces in Bangladesh, founded in 2005. It has a large presence in Bangladesh's electronics market.
Products and services offered
ClickBD offers various electronics, ranging from smartphones to laptops and televisions. It also offers services such as free delivery and easy returns.
Payment and delivery options
ClickBD accepts COD, credit/debit cards, and digital wallets as payment options. It has partnered with various logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Large selection of electronics, free delivery, easy returns.
Disadvantages: Limited selection of other products, occasional stock-outs, slow customer support.
10.Wmela
History and background
Wmela is a relatively new marketplace, founded in 2019. It has recently gained considerable popularity.
Products and services offered
Wmela offers a range of products from electronics, fashion, accessories, and home appliances. They offer services like free delivery and easy returns for customer convenience.
Payment and delivery options
Wmela accepts COD, credit/debit cards, and digital wallets as payment options. It has partnered with various logistics providers to ensure timely delivery of products.
Advantages and disadvantages
Advantages: Fast site performance, strong mobile app, free delivery
Disadvantages: Fewer reviews, less extensive selection of goods, limited payment options
Comparison of Top 10 Online Marketplaces in Bangladesh
When comparing the top marketplaces in Bangladesh, we identified several features crucial for customers, such as ease of use, delivery time, prices, and customer service. Daraz, Pickaboo, and Ajkerdeal stand out with their variety, payment and shipping options, and user-friendly websites.
Key Factors to Consider When Choosing an Online Marketplace
Availability of products, prices and discounts, user experience, delivery and return policies, and customer service should be part of the decision-making process when choosing an online marketplace.
Benefits of Shopping on Online Marketplaces in Bangladesh
Shopping online in Bangladesh's marketplaces is highly convenient and offers a wide range of products. With deep discounts and promotions, it can be cost-effective too. Transactions on well-known online marketplaces are also safe and secure.
Challenges of Online Marketplaces in Bangladesh
Some of the challenges facing online marketplaces in Bangladesh are the same as in other developing countries, including difficulties in logistics and payment processing. Security concerns and low levels of trust among customers can pose threats.
Future of Online Marketplaces in Bangladesh
As Bangladesh continues to embrace technology, we can expect significant growth in the e-commerce industry. The future of online marketplaces in Bangladesh is promising, and emerging technologies, such as artificial intelligence, will improve the user experience.
FAQs
Q: What is the best online marketplace in Bangladesh? A: The best online marketplace in Bangladesh depends on the user's requirement. However, Daraz, Ajkerdeal, and Pickaboo are among the top 3 e-commerce marketplace sites in Bangladesh.
Q: What are the delivery charges? A: The delivery charges vary depending on the marketplace, location, and size of the order. Some online marketplaces offer free delivery.
Conclusion
The online marketplace industry in Bangladesh has grown exponentially and will continue to do so in the future. With several international and local players, customers will have various options while shopping. Consider the benefits and challenges that come alongside online marketplaces while making decision
