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This study outlines the importance of digital marketing for Bangladeshi women
entrepreneurs. It develops a thorough grasp of why female entrepreneurs trail behind
their male counterparts and why digital marketing is essential for them from the outset.
Next, we discussed the needs in the industry, the challenges they had, their experiences,
and how digital marketing helped them. We also discussed the advancement of women's
business and the difficulties faced by Bangladeshi working women. We've offered a few
ideas for digital marketing strategies. Finally, we discussed the fundamental problems
that need to be overcome in order to encourage women to launch enterprises.
Women are frequently viewed as the family's homemakers in the majority of developing
nations. But as time goes on, the nation's leaders are increasingly investing a growing
portion of their riches on the advancement of women's healthcare and education. As
both men and women play an equal role in a country's economic success. Unfortunately,
not all women have had equal access to educational possibilities. According to the
World Bank collection of development indicators (2022 as suggested in Trading
Economics), 72% of the data gathered in 2020 shows that females in Bangladesh have
basic reading and writing skills. A glaring example of how women's educational
constraints have made it difficult for them to obtain greater pay. The Covid 19 epidemic
and this wage disparity have both had a large disruptive impact on the working
environment. Hence, becoming an entrepreneur is one of the methods for a woman to
achieve financial independence and contribute to the nation's economic progress. (Al-
Qahtani et al.,2022).Al-Qahtani et al. (2022) discovered that business owners are the
ones who generate new ideas and are the most important investments in society since
they use their businesses to provide job chances. By creating more sources of revenue,
this will subsequently benefit the economy and the country as a whole. These
employment chances also broaden diversity in the workplace and revive local small
businesses. thus significantly affecting the ecosystem.
Objective
The purpose of this term paper is to gain an understanding of the ways in which the
government of Bangladesh is assisting the digital marketing industry, as well as the ways
in which this industry is currently being utilised in Bangladeshi small businesses that are
owned and operated by women business owners. Women company owners in the
modern day are increasingly turning to digital marketing methods in order to expand
their companies and interact with a greater number of clients utilising their digital devices
and internet connections. My advice to female business owners in Bangladesh is that
they may successfully advertise their wares and attract clients on a national and
worldwide scale by using a strategic approach to digital marketing that is both precise
and accurate. If female company owners in Bangladesh followed my advice and
promoted their wares using appropriate pricing strategies on digital marketing platforms,
they would undoubtedly see significant increases in both their profits and their level of
professional achievement in their respective enterprises. The use of digital marketing by
female company owners is an excellent technique for them to rapidly expand their
consumer base and connect with a huge number of prospective buyers.
Method
In order to provide a solution to the issue that we have selected for this term paper, we
have mostly relied on two different ways. The initial approach that we used was to seek
assistance from a number of publications and research papers. by reading through the
many articles and other research papers that are classified as secondary resources. We
investigated how women company owners use digital marketing to grow their companies
and connect with a wider audience of prospective clients on both the domestic and the
international market. In addition to this, we discovered the sorts of methods they are
using as well as the ways in which these strategies are beneficial to female
entrepreneurs.
3. What are the core reasons for picking that particular digital marketing tool?
4. In what ways are they using major social media sites to advertise their wares?
5. To what extent will they use digital marketing methods to expand their company?
6. To what end will they use social media to promote their company?
9. So, how exactly are they planning on charging for their wares?
10. What are their long-term goals for expanding their company's presence online?
13. When comparing the results of digital and conventional marketing, how many more
consumers did they gain with digital?
14. What were their sales after they promoted their products on the big social media
platforms?
15. How much money did they make from online product promotion?
These questions helped us get relevant information on how they were growing their
business through these digital marketing strategies.We got a deeper understanding on
how digital marketing strategies are working for these leading women entrepreneur’s
businesses in Bangladesh.By the end of the term paper we can clearly see that how
digital marketing has transformed women entrepreneur’s businesses in Bangladesh
compare to the traditional marketing strategies.
Literature Review (Nishat Nawal)
Meenakshi (2015) states that the government is crucial in inspiring women to start their
own businesses. The government's assistance encourages women to have an
entrepreneurial mindset, which motivates them to start business. Mat and Razak (2011)
also support these stating that a number of factors, including education, expertise level
and skills, being career focused and ambitious etc. affect women's entrepreneurial
activities. It has been discovered that the primary factor impacting women's
entrepreneurial growth is education. (Mat and Razak, 2011). (1)
Digital Marketing
Bangladesh is not an exception to the world's
extraordinary evolution of digital marketing.
Because more people are using internet services on
their mobile phones, digital marketing has become
much more significant in recent years. However,
increasing customer use of social media sites like
Facebook, Twitter, YouTube, and other apps has
made it easier for business owners to market
various services and goods to clients. Customers
can now obtain worldwide information from a single
spot thanks to the introduction of multiple digital
channels.(2)
Different aspects of digital marketing have helped to promote the company in the
Bangladesh market.
Social media platforms are becoming more and more popular today among people of all
ages. Platforms for social media are effective tools for communication. The businesses
can advertise their goods and services that are exposed to Facebook users through
various social media channels. However, it can be stated that these platforms have
improved interpersonal communication (Yasmin, Tasneem & Fatema, 2015). As a result,
social media platform advertisements for the products have the potential to improve their
popularity and, consequently, their sales.
Few factors were cited by Mellita and Cholil (2012) as helpful success motivators for
female entrepreneurs in developing countries. (1)
- Family support,
Bibi Russell can easily claim the title of most successful woman. She is the founder of
Bibi productions and the queen of khadi clothing. She was a former catwalk model. It is
an elite, well-known fashion house that collaborates with local
artisans around Bangladesh. (3)
Rubaba Dowla the founder of Pulse Healthcare Service, which was founded in 2017.
She keeps an effective journal of managing her brand name, developing new products,
and communicating with her employers. She has spent
almost fifteen years working in the communications
industry.
Basic support to
businesses prevailing in
the country
It should be noted that the frameworks should be fine tuned to the business propositions
and ideals. Backup plans and frameworks should be prepared at hand in case of failure
to incorporate framework.
Theoretical Empliment
The purpose of this term paper is to get insight into the government's support for the
digital marketing sector and the sector's present usage in small enterprises owned and
operated by women in Bangladesh. Women company owners in the modern day use
digital marketing methods to expand their businesses and interact with a global audience
through their computers and mobile devices. In my opinion, women business owners in
Bangladesh would be well served to adopt a targeted and effective digital marketing
approach to raise awareness of their wares and attract buyers from across the country
and the globe. To maximise profits, I advise female company owners in Bangladesh to
use digital marketing channels to advertise their wares at the appropriate price points.
Women company owners may quickly and easily expand their consumer base and
revenue using digital marketing strategies.
This term paper uses two major strategies to respond to the research subject we've set
out to explore. We started with a literature study as our primary source of information.
Using secondary sources like a literature study, we were able to learn how digital
marketing is assisting women company owners in gaining access to a larger client base,
both domestically and abroad. Second, we have spoken with numerous prominent
women business owners in Bangladesh to see how they are using sites like Facebook,
Instagram, YouTube, and others to expand their operations.
Nowadays, women are essential cogs in the wheels of business, startups, digital
marketing, e-commerce, etc. Many other types of enterprises, including those centred on
social media, blogging, fashion, home decor, furniture, jewellery, handiwork, cuisine, and
more, are owned and operated by women. Women are often regarded to have adapted
more easily to the current service society than they did to the earlier industrial society
because of the novel ideas and innovations they bring to their chosen areas of work.
The phenomenal growth of digital marketing around the globe has also affected
Bangladesh. The proliferation of smartphones has boosted the importance of digital
marketing in recent years. However, with more and more people using social media
platforms like Facebook, Twitter, YouTube, and other applications, it's simpler than ever
for entrepreneurs to promote their wares. Thanks to the proliferation of digital platforms,
consumers may now access data from all over the globe in one convenient location.
Final Recommendation
Bangladesh. Discrimination against women may have its roots in cultural and societal
conventions about the appropriate roles of men and women. Due to this, it's possible that
women's rates of entrepreneurship and earnings from such endeavours have dropped.
The non-financial benefits they may have reaped from becoming an entrepreneur may
have diminished as well. Bangladesh's social and economic development is largely due
to the contributions of its women. Women company entrepreneurs have the potential to
make a global impact if given the opportunity. As a development instrument, female
entrepreneurship can only reach its full potential if women have won the struggle for
equality and justice. Building a solid foundation is also helpful for digital marketing. The
internet acts as a mediator between the supply of goods and services offered by
businesses and the demand from consumers, and this is accomplished via a variety of
social media and independently managed marketing platforms. For the sake of the
country's growth and development, it is crucial to provide women business owners with a
simple proposal that is easily adaptable in the current social climate. Even if the business
owner has access to prebuilt social media analytics, including data analytics into the
process may still be the best bet for gaining valuable digital insights that can be included
into the marketing strategy. It is extremely true that to build a quality nation, family,
society, or even a single life, women need to be good entrepreneurs. Why not without
both good leadership and entrepreneurship our society, life, country even family is a
unusable loss project.
References:
Al-Qahtani, M.; Fekih Zguir, M.; Al-Fagih, L.; Koç, M. (2022). Women Entrepreneurship for
Sustainability: Investigations on Status, Challenges, Drivers, and Potentials in Qatar. Sustainability
2022, 14, 4091.
https://doi.org/10.3390/su14074091