FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -What Is Business-to-Consumer (B2C)? The term business-to-consumer (B2C) refers to the process of selling products and services directly between a business and consumers who are the end-users of its products or services. Most companies that sell directly to consumers can be referred to as B2C companies.

Detailed explanation-2: -B2C business-to-consumer ecommerce, also called retail ecommerce, is a business model that involves sales between online businesses and consumers. B2C ecommerce is one of four major ecommerce business models, the other three being B2B (business-to-business), C2B (consumer-to-business), and C2C (consumer-to-consumer).

Detailed explanation-3: -B2C businesses sell goods and services directly to consumers. A consumer is an end user who buys a product or service for personal use. Though many businesses sell their own products, this is not a requirement for the B2C model; many B2C companies resell other businesses’ products.

Detailed explanation-4: -B2B stands for ‘business to business’ while B2C is ‘business to consumer’. B2B ecommerce utilises online platforms to sell products or services to other businesses. B2C ecommerce targets personal consumers.

Detailed explanation-5: -B2C, or “business-to-consumer” sales, is a retail method that involves businesses selling goods directly to individual consumers for personal use. B2C sales bypass third-party retailers or wholesalers and deliver their goods straight to the end consumer through online stores or physical locations.