Bangladesh is quickly becoming an important hub for technology, with the country ranked as the seventh-largest location for information technology outsourcing in the world. This has brought new opportunities for skilled workers all over Bangladesh. With the country’s fast-paced growth, there are currently hundreds of job openings that are waiting to be filled., with a particular focus on back-end development. The wealth of diverse talent in Bangladesh’s pool of skilled workers has led many international businesses to establish their back-end development teams in Dhaka.
Bangladesh is home to a population of skilled workers that span across numerous industries. With an illiteracy rate of only 5%, Bangladesh has the potential to be one of the best locations for back-end development teams. The high quality and fast turnaround time make these skilled workers an attractive option for companies looking for cheaper labor costs.
With a growing number of tech entrepreneurs setting up shop in the region, it is no wonder that the IT industry has seen massively increased growth rates. It has been one of the fastest-growing economies in the world, with an average GDP growth rate of 7% per year from 2005 to 2016 and an 8.8% growth rate in 2017. Accordingly,There is a growing demand for IT firms and other related services such as marketing and advertising companies, which means that there are many employment opportunities in these industries.
Online marketing is the most popular and inexpensive form of promotion for a business when it comes to promoting its products and services. It is also one of the best ways to increase your customer base. You might be wondering how it can help your business grow. Businesses that start using online marketing will see an increase in their customer base and their conversion rate (i.e.- turning leads into paying customers). The most popular way to use online marketing is blogging, which is a strategy that helps you rank higher on search engines. You need to know how to optimize your blog posts by writing keyword-rich content, adding social proof (i.e.- testimonials), and having a website with good SEO for this strategy to work well for you. Marketing is the key to success in any industry, as it can provide a competitive edge and position a business for success.
In Bangladesh, the online marketing industry has been experiencing exponential growth in recent years. In this emerging sector, the internet is a critical tool for generating traffic to a website and increasing brand awareness. The digital age has ushered in a new era that is marked by the internet and digital marketing. Widely adopted by businesses, these channels have provided ample opportunities for growth and allowed brands to reach potential audiences across the world. Many Bangladeshi companies and brands are now using online channels such as social media or blogs, to market their products or services. This trend has also been adopted by international brands who see Bangladesh as an emerging market with huge potential. With around 29 million internet users, this country is experiencing a rapid growth in e-commerce and digital marketing. As the number of people using the internet has steadily increased, so too have the number of online commercial players who are using different ways to promote their products and services.
A key factor that helped Bangladesh to become a digital market was its gradual GDP growth. This has led to an increase in disposable income, which in turn has increased access to better online services. In just the span of 12 years, from 2003 to 2015, internet usage in Bangladesh tripled from 2% to 6%.
Moreover, other factors such as rapid population growth, increased investment in telecommunications infrastructure and the introduction of multiple mobile operators have also helped Bangladesh to become a flourishing digital market. Bangladesh is no longer an emerging market. The country has the potential to be the next frontier for digital innovation. With more than 50% of Bangladesh’s population under the age of 25, this country’s young population offers an enormous opportunity for digital entrepreneurs to disrupt industries in Bangladesh.
