If your business is not on the internet, then your business will be out of the business.” – Bill Gates, Founder of Microsoft.
E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the internet. E-commerce is also known as electronic commerce or internet commerce. These services provided online over the internet network. Transaction of money, funds, and data are also considered as E-commerce. These business transactions can be done in four ways:
Business to Business (B2B), Business to C ustomer (B2C), Customer to Customer (C2C), Customer to Business (C2B). The standard definition of E-commerce is a commercial transaction which is happened over the internet. E-commerce is a huge industry. It had a global estimated sales of over 3.5 trillion dollars last year alone. The staggering data indicates the inclination of worldwide commerce towards e-commerce.

E-commerce is not a new concept for Nepal though. Nepal is an over populated and developing country. The future of e-commerce in Nepal is bright. Online business in Nepal has been running for more than 7 years. A developing country can be industrialized and modernized if it can extensively apply IT to enhance productivity and international competitiveness, develop e-commerce and e-governance applications. An information-based or knowledge based country is composed of IT products, IT applications in country and economy as a whole. Nepal is taking advantage of e-commerce through opening of economies. It is essential for promoting competition and diffusion of Internet technologies. There is an immense opportunity for e-commerce in Nepal and there have been some tangible progress too. A lot of e-commerce websites have mushroomed over the past few years. The market is getting more and more crowded every day, with the top few ecommerce shopping websites finding their pie being eaten into by smaller players joining the game every month. There are more than 20 e-commerce portals in Nepal till date. Some e-commerce business have been selling their products exclusively through the social media sites. Meanwhile in Eastern Nepal, Ecommerce is a new concept. During the development phase many companies started and failed to maintain the new change.

Past few years have been great for Ecommerce sector here. Crowded city like Birtamode has achieved a milestone with the introduction of new technologies, digital stores and interactive apps, there is a big boost in sector of ecommerce. Many online portals and shopping portals are being launched. They are doing good business along with providing the best services online. Greatest achievements of Jhapa Birtamod and Government as well in the past 20 years is Quality Computer https://qualitycomputer.com.np/ In 2000, Director of Quality Computer (the leading organization in eastern Nepal) founded this IT company at Jhapa, Birtamod which reached and has sellers and buyers all over Nepal. Before this company was offline based. Later in 2019 , Quality Computer; one of largest financial technology company of eastern Nepal operated its online business and managed to earn a decent trust & credibility in the Nepali market. It has been selling various products under different categories online with free delivery at your door step. And also, this online trade platform connects small and medium size manufacturers and wholesalers with online retailers and provide them logistics, payments and technology support. It is the only online shopping which is getting more popular. Quality Computer which is a tech giant in Nepal has stepped into E-commerce business in Nepal with this acquisition. By introducing the Nepali consumers to a global market, it has opened doors for international trade. Eastern Nepal is heading towards digital commercialization at a steady pace. "There is only one boss. The customer"-Sam Walton Quality Computer as the name itself describes; focusing on quality products and services, provide to ensure that you get products and services that you can be satisfied with. They also provide hardware and software with reasonably quality products and services with best warranty and support service. Importing various brands like; Apple and also they are distributor of several brands, with warranty and replacement services right in your town excellent customer service. Available all over Nepal as hardware and as well as Software selling company. Now Quality Computer have expanded themselves for multiple electronic devices from Computers to Printers, Surveillance security systems, Finger print devices, Laptop/Desktop Computers, Air Conditioner, Mobiles, Inverters, UPS, Batteries, RO, Lifestyle Products e.t.c. They deliver the Laptop accessories that will upgrade your entire life. They are a wellreckoned Importer and Supplier of Branded Laptop, Desktop Branded/Assembled, Desktop computer high end assemble or Customization in Eastern Nepal. 

E-Commerce has changed dramatically the way of business in Eastern Nepal. Business organizations and consumers are both realizing that future business will be heavily dependent on the Internet. And with the development of more IT companies like Quality Computer the future looks bright. There are several key reasons that Ecommerce appeals to the population: Most convenient way to shop. Ecommerce offers the ability to shop 24 hours a day Most ecommerce stores offer bigger discounts and savings on their products. Comparison-shopping is simple because of the vast selection. Large profit to the manufacturer: More production for more demand and Reducing price unemployment solution increasing standard of living Creates skillful worker Expands the marketplace Nepal requires lot of development in IT sector to implement ecommerce successfully. For a bright future in e-commerce, many things should be accomplished at an emergency basis. Steps should be taken by the pioneer business organization of doing business through ecommerce. Firstly, Improvement of Infrastructure: The main infrastructures of e-commerce are telecommunication and internet. Present scenario of them are very worst. So, they require extra care to develop infrastructure. “In developing country like Nepal where telephone density is only 5 per 10000people, other options like mobile phones, wireless communication, nationwide IP backbone, etc. must be seriously considered for growth of this sector. During the period while the infrastructure is being built cyber cafes, can be set up all over the country to provide some access to this technology at a reasonable cost. Social media shopping is gaining popularity among online consumers. In Nepal, businesses have limited social media marketing to only advertising. It is high time they took advantage of this trend to start multiplying social media followers and improve the customer base. Businesses can also introduce discount coupons in exchange for social media following or referral to engage consumer activity in their social media pages. Nobody is going to visit your business ever if you fool them with poor product quality. It is therefore always important to maintain a standard quality of the product if you’re based online. Price is the first thing that people see with the product image. So, it is important to keep a competitive pricing with the market. 

On the other hand, E-commerce is facing challenges. Various frauds and scams are hampering the growth of e-commerce in Nepal. The other problem is with the logistics and payment. The huge majority of Nepalese do not have access to electricity, let along the internet. Most of those who do have access to these utilities probably do not have an idea of what e-commerce is all about, and not having an idea would equate to not willing to take a risk. And as the internet has extended to all the major cities but still the connection is not so good. Many places still don’t have good telephone and cellular service . Only a handful of e-commerce websites have warehouses. Majority of the transaction is COD (Cash on Delivery is still primarily being used to pay for products, inc. large ones). which is again risky. And major players of e-commerce in Nepal are providing just a marketplace for buyers and sellers which is why they can’t really do anything about the prices of the products. With e-commerce, the sense of touch and the pleasure of bargaining is lost. People don’t easily trust the websites. Some small e-commerce sites failed to maintain the ethics of business by delivering different products than the one ordered by the customers. They want to physically visit the shop, build a relationship with it, and enjoy small discounts as frequent shoppers. Not many see online shopping as a “quick and easy” solution because of the lack of professionality in service. Most Nepalese are skeptic. Let’s say, I want to buy a Laptop. I look for the Size & Form-Factor. Then I look for a screen quality and see keyboard quality. I will see the Ram, storage, battery life and Biometric security. Then I need to feel for it. I need to see if it fits me and my budget. People have a hard time trusting these e-commerce portals because they’ve heard if not experienced horror stories of how they were taken for a ride. People in Nepal still prefer to see and touch goods before buying them. Another challenge is we are not heavily brand conscious. In case I need a smart watch, I don’t look for Apple, Samsung or Garmin . They are not affordable for me, and watches with similar designs are available at affordable price. 

E-commerce is generally based on brands and branded products are always more expensive. Their durability might make the branded products more economic but we ordinary buyers look at the money we have in our pockets. There are administrative complications, but overcoming them can help Nepali businesses compete on the global front. And also People need to experience the process and be acquainted with such facilities. They need to know that it’s safe and convenient to buy goods online. So, if the major issues are solved, target the market with proper understanding of consumers what they want and what they expect, new innovative and easy access system and also understand the model and have concrete plans, have consistency and also achieve milestones accordingly then definitely this industry will have a bright future. Internet enhances the market integration in developing countries. In fact as the internet evolves and consumer behavior patterns change, the demand for ecommerce is only going to increase further. The current growth in Internet sales is only the foundation for more glorious days in future. In a nutshell, E-commerce is a global phenomenon and revolution in the field of trade and commerce. The rising of ecommerce has added a new dimension in the total scheme of business ensuring smarter and faster service in concerned sectors. E-commerce Business in Nepal has been taking a right turn in the recent past and one can imagine the future with these acquisitions. Hence, a careful analysis and perseverance will surely pay off as the country is finally over its transition phase. Many countries in Asia are taking advantage of e-commerce through opening of economies, which is essential for promoting competition and diffusion of Internet technologies. Technology enabled innovations like digital payments, hyper-local logistics, analytics driven customer engagement and digital advertisements will likely support the growth in the sector. The growth in Ecommerce sector will also boost employment, increase revenues from export, increase tax collection by ex-chequers, and provide better products and services to customers in the long-term. Commerce is a practice which no one can escape and avoid. It will be either today or tomorrow we must adapt to it. With the growing generation every business will have to adapt and think about their online existence in future depending on the nature of business