Customers’ Expectation towards Online Marketing: A Study on Some Economic Zone in Bangladesh

Authors

  • Md. Shariful Alam Khandakar University of Dhaka
  • Md. Rakib Uddin Bhuiyan University of Dhaka
  • Humaira Siddika Dhaka City College

DOI:

https://doi.org/10.18034/ajtp.v5i1.428

Keywords:

Internet, E-Business, E-Commerce, B2C, C2B, C2C, E-marketing, Online marketing strategy

Abstract

This paper attempts to analysis the customers’ expectation towards online marketing in Bangladesh. First, it evaluates the impact of independent variables (factors of online marketing) on dependent variable (customers’ satisfaction). In order to do so a survey was conducted through questionnaire and data collected from 200 respondents’. Samples (Individuals and corporate firms) were selected from three economic zones and multiple regression analysis was conducted for the study. It also evaluates customers’ expectation from online marketers. Moreover the study highlights the online marketing strategies. Next, the study focuses on the benefits from online marketing. It also identifies the problems and challenges to develop online marketing strategies. Online marketing opens huge opportunities for marketer and customer where the ratio of benefit is higher than the ratio of costs. Finally, the study provides specific ways to solve the problems emphasizing on online marketing principles and to avail the opportunity to cope with the today’s competitive market. The strategies require continuous improvement and it is expected to be more dynamic in future.

 

Downloads

Download data is not yet available.

Author Biographies

  • Md. Shariful Alam Khandakar, University of Dhaka

    Assistant Professor, Department of Tourism and Hospitality Management, University of Dhaka, BANGLADESH

  • Md. Rakib Uddin Bhuiyan, University of Dhaka

    Assistant Professor, Department of International Business, University of Dhaka, BANGLADESH

  • Humaira Siddika, Dhaka City College

    Lecturer, Department of Business Administration, Dhaka City College, BANGLADESH

References

Ahmed S.F. and Bhuiyan M.B., 2006. “E-Marketing strategies in global context: the impact of country level effects”, Journal of Business studies, vol.11, No-2.

Azad, A.S.M. Sohel, (2001), “E-Commerce as an emerging issue: relevant risks and security measures”, The Cost & Management, Journal of the Institute of Cost and Management Accounts of Bangladesh, Vol.-XXIX, No-5, September-October.

Bala, S.K., (2001), “E-Commerce in Bangladesh: Some lessons for the cost and management accounting profession”, The Cost & Management, Journal of the Institute of Cost and Management Accounts of Bangladesh, Vol.-XXIX, No-5, September-October.

Black A., (2004), “A strong net game”, Wall Street Journal, ISBN: 0-07-059855-X, Vol.-26(1), PP: R6-8.

Ching H.L.; Ellis P. (2004) Marketing in Cyberspace: What Factors Drive E-Commerce Adoption? Journal of Marketing Management, Volume 20, Numbers 3-4, pp. 409-429(21). DOI: https://doi.org/10.1362/026725704323080470

Danny S., (June 14, 2004). "Who Invented the Term "Search Engine Optimization"?", Journal of Journal of Marketing, American marketing association, Vol.28, pp: 25-34.

Ferdausi F., (2003), “Electronic Commerce in Bangladesh; An analysis of Hindrances and prospects”, Journal of business studies, Vo.l- XXIV, No-1, June, PP: 213-219.

Ferdausi F., 2003. “Electronic Commerce in Bangladesh; An analysis of Hindrances and prospects”, Journal of business studies, Vo.l- XXIV, No-1, June, PP: 213-219.

Ferrell O.C., 2009”, Business: A changing world”, 7th edition, Mc-Graw Hill Book Company, Newyork.

Garish W., 2011, “What is Affiliate Marketing and How to start with it?” October 04, (http://www.vast9.com/blogging/affiliate-marketing-start/)

Habib K., (2006), “E-commerce and internet service provider”, Journal of Marketing Science, Volume 17, Number 2, pp. 29-32.

Habib, S. Ahsan., (2000), “E-Commerce Hype: Do we have the legal framework?” The Daily Star, July 18.

Ho, S. Y. (2006) “The Attraction of Internet Personalization to Web Users Electronic Markets”, The Journal of Brand Management, Volume 16, Number 1, Number 1 pp. 41-50(10). DOI: https://doi.org/10.1080/10196780500491162

Kotler P, Armstrong G, 2010.”Priciples of Marketing”, 13th edition, Prentice Hall, New Jersey.

Kotler P, Bowen J.T. and Makens J.C., 2010: “Marketing for hospitality and Tourism’ 5th edition, Pearson Education Inc. New Jersey.

Malhotra Naresh K., 2006, “Marketing Research”, 4th edition, Pearson Education, p: 326.

Paul J., Lisa H. and Peter M. E. (2003) “e-Business Fundamentals” ISBN 0-203-40246-4 Master e-book ISBN, Taylor & Francis Group, New York.

Philipp S., Bernd S. and Christophe V. B, (2010), “Referral Programs and Customer Value”, Online Information Review, vol-35, No. 2, pp: 33-39.

Rahman, M. Lutfar, (2002), “E-Commerce and Bangladesh, Observer Magazine, May 10, PP: 3.

Rastogi, p. and Smith, S. M, (2004), Segmenting Internet shoppers based on their Web-usage-related lifestyle: A cross-cultural validation, Journal of Business Research, Vol. 28, pp: 49-58.

Richard Hoy, (2006), “What Is Online Marketing?” writers Weekly (April), part-1.

Robert, Mary, Lou. (2003), “Internet marketing: Integrating online and offline strategies”, Mc-Graw Hill Book Company, Newyork.

Strauss J, El-Ansary A. and Frost R., 2006. “E-marketing” 4th edition, Prentice Hall of India, New Delhi.

Strauss J. and Frost R., 2009. “E-marketing” 5th edition, Prentice Hall of India Learning Private Limited, New Delhi.

Trattner, C., (2011), “Social Stream Marketing on Facebook: A Case Study”, International Journal of Social and Humanistic Computing, Vol. 10, No.10 (20) CIA World Fact book, 2011

Twangcafe, (2010), Affiliate Marketing Networks Buyer's Guide (2006), Page 6, retrieved June.

Watson R.P., Leyland p., Berthon P. and Zinkham G., (2002), “U-commerce: expanding the universe of marketing”, Journal of the Academy of Marketing Science, ISBN: 0-211-23432-2, Vol.-30(4), P: 333-47.

White, Jay D. (2007) Managing Information in the Public Sector. M.E. Sharpe. New York.

Yeasmin, I. and Siddika, H., (2011), “Consumers ‘attitudes toward online purchasing in Dhaka city”, Journal of Marketing.

Websites

http://www.coursework4you.co.uk/sprtmrk8.htm, (2006), "Internet marketing: problems and prospects".

http://www.ciprianginghina.com, (2010), the-advantages-and-disadvantages-of-online-marketing

http://ezinearticles.com, (2010), the-advantages-and-disadvantages-of-online-marketing.

http://www.iabuk.net/en/1/newsprocessor.qxml, Industry news processor, 19 April, 2011.

--0--

Downloads

Published

2018-04-30

Issue

Section

Research Articles

How to Cite

Khandakar, M. S. A. ., Bhuiyan, M. R. U. ., & Siddika, H. . (2018). Customers’ Expectation towards Online Marketing: A Study on Some Economic Zone in Bangladesh. American Journal of Trade and Policy, 5(1), 7-14. https://doi.org/10.18034/ajtp.v5i1.428