Vendor Selection: How SMEs Can Dodge Techies Who Want to Rip You Off

Let me tell you something nobody wants to admit about Vendor Selection. Most Bangladeshi business owners get played when they buy software. It happens every day. You’re sitting across from some slick vendor who’s flashing charts and promising the moon. You sign on the dotted line. Then reality hits. The software doesn’t work. The support vanishes. Your team hates it. And you’re stuck. This isn’t just bad luck. This is vendor selection gone horribly wrong.
Vendor Selection has transformed 9 out of 10 Bangladeshi SMEs, boosting implementation success by a significant margin while reducing technology failures by a considerable amount. But here’s the kicker. Most business owners don’t even know they’re being set up for failure until it’s too late.
The Vendor Selection Nightmare That Keeps Business Owners Awake
Picture this. You’re a garment factory owner in Gazipur. You’ve just spent your hard earned savings on a fancy new inventory system. The sales pitch was perfect. The demo looked amazing. But now your workers can’t use it. The support team never answers. And your inventory counts are more chaotic than ever. Sound familiar? This isn’t an isolated incident. It’s the norm for Bangladeshi SMEs who skip proper vendor selection.
According to Biznify’s analysis, a staggering 70 percent of software implementations fail due to poor vendor selection. That’s not a statistic. That’s a bloodbath. And it’s happening right now in offices across Dhaka, Chittagong, and Sylhet.
I’ve watched too many business owners get played. They fall for the glossy brochures and the smooth talk. They ignore the warning signs until it’s too late. But the smart ones? They ask the right questions. They don’t just take vendors at their word. They dig deep. And they walk away from deals that smell fishy.
The Five Questions That Separate Winners from Losers
Let me give you the questions that actually matter. Forget the technical jargon. Forget the feature checklists. Ask these five questions and you’ll separate the real vendors from the wolves in sheep’s clothing.
First question. Where’s your support team located? If they tell you it’s in India or the Philippines, run. Fast. Bangladeshi business owners need support in Bengali. They need someone who understands local business hours. They need someone who gets Bangladesh’s regulatory environment. Anything less is a ticking time bomb.
Second question. Show me a case study from a Bangladeshi business like mine. Not some multinational corporation. Not some company in Singapore. A real Bangladeshi SME. If they can’t produce one within 24 hours, they’re not ready for your business.
Third question. What happens when the internet goes down? In Bangladesh, this isn’t a hypothetical question. It happens every week. Your vendor better have an offline solution. Otherwise you’re going to be sitting there with nothing to do when the connection drops.
Fourth question. How much will customization really cost? Vendors love to lowball this number. They’ll tell you it’s included. Then the bills start rolling in. Get the real number upfront. In writing. Or you’ll be surprised by costs that could bankrupt your project.
Fifth question. Can I talk to your current customers? Not the ones they handpick. Random ones. Call them. Ask about the bad times. Because every implementation has bad times. If they won’t let you talk to real customers, something’s rotten in Denmark.
The Truth About Pricing That Vendors Don’t Want You to Know
Here’s what vendors won’t tell you. The price on the quote isn’t the real price. Never is. There are always hidden costs. Training costs. Customization costs. Integration costs. Maintenance costs. The real price is usually two to three times what they quote.
Monitask’s research shows Bangladesh has over 2,000 IT companies. But quality varies wildly. The cheapest vendor often ends up being the most expensive choice. Because when things go wrong, you pay. Big time.
The smartest business owners I’ve met don’t go for the lowest price. They go for the clearest pricing. They want every cost laid out in black and white. No surprises. No hidden fees. Just a clean, transparent deal.
The Support Trap That Catches 9 Out of 10 Business Owners
Let me tell you about the support trap. Vendors promise 24/7 support. They promise quick response times. They promise everything you want to hear. But when you actually need help? Crickets.
BDTask’s analysis reveals the truth. Most Bangladeshi SMEs choose vendors without testing their support. Big mistake. The real test comes after you sign. That’s when you find out if they really care about you or just your money.
Here’s what I tell business owners. Before you sign anything, call their support line. Pretend you’re a customer with a problem. See how long it takes to get help. See if they speak your language. See if they actually know what they’re talking about. If they fail this test, walk away. No second chances.
The Training Disaster Waiting to Happen
You think your team will magically know how to use the new software? Dream on. Most implementations fail because of poor training. Not because the software is bad. Because nobody knows how to use it.
Implevista’s research shows Bangladeshi businesses need more than just English manuals. They need training in Bengali. They need hands on sessions. They need follow up support. Anything less is setting yourself up for failure.
The best vendors don’t just provide training. They make sure it sticks. They check in after the training. They answer questions. They adapt to your team’s learning pace. The vendors who just dump a manual on your desk? They’re not partners. They’re predators.
The Data Security Lie That Could Destroy Your Business
Let’s talk about data security. Vendors will tell you their system is secure. They’ll throw around terms like “encryption” and “firewalls.” But do they really protect your data?
Most Bangladeshi business owners don’t ask the right questions. They don’t ask where their data is stored. They don’t ask about backup procedures. They don’t ask what happens during a cyber attack.
The truth? Many vendors store Bangladeshi business data overseas. In countries with different privacy laws. If something goes wrong, good luck getting your data back. Or worse, your customer data could end up in the wrong hands.
Ask vendors exactly where your data lives. Get it in writing. If they can’t give you a clear answer, run. Fast.
The Implementation Plan That Actually Works
Here’s how the smartest Bangladeshi business owners handle implementations. They don’t go all in at once. They start small. They pick one department. One process. They test the waters.
Then they expand. Slowly. Carefully. They don’t rush. They fix problems as they come up. They make sure each step works before moving to the next.
This approach might take longer. But it works. Every time. The businesses that try to do everything at once? They’re the ones calling me at 2 a.m. wondering why their system crashed.
The Vendor Selection Secret Nobody Talks About
Let me share a secret. The best vendors don’t just sell software. They become partners. They care about your success. They want you to win. Because when you win, they win.
The worst vendors see you as a one time customer. They’ll do whatever it takes to get your money. Then they disappear. No follow up. No real support. Just empty promises.
How do you tell the difference? Look at their attitude. Do they ask questions about your business? Do they care about your challenges? Or are they just pushing their product?
The good vendors treat you like a partner from day one. The bad ones treat you like a wallet with legs.
The Future of Vendor Selection in Bangladesh
Here’s what’s coming. In the next few years, Bangladeshi business owners will get smarter about vendor selection. They’ll stop falling for the sales pitches. They’ll start asking the hard questions. They’ll demand better service.
The vendors who adapt will thrive. The ones who don’t? They’ll disappear. It’s that simple.
The businesses that survive will be the ones who treat vendor selection like the life or death decision it really is. Not just another purchase order.
The Bottom Line
Vendor Selection isn’t about digital dashboards or instant notifications. It’s about the quiet moment when a business owner finally understands that choosing the right technology partner isn’t about the lowest price. It’s about finding someone who will help you succeed.
In Bangladesh’s business landscape, Vendor Selection isn’t just changing how we operate, it’s transforming who can compete; and how deeply we can grow.