What is Business-to-Consumer (B2C)?

What does B2C stand for?

Business-to-customer (B2C) is an Internet and Digital Commerce (e-trade) Model that denotes a financial Transaction or on-line sale among a enterprise and customer. B2C entails a service or product excHange from a enterprise to a purchaser, whereby merchants sell merchandise to purchasers.

B2C is also known as business-to-consumer (B2C).

What Does Business-to-Consumer Mean?

A business that sells on line products to person customers is categorised B2C. Experts have recommended that on-line B2C activities perFormed a critical role in shaPing the Internet, notwithstanding the dotcom bubble Burst within the late Nineties. While many Online B2C commercial enterprise web sites close down at that point, an Digital customer surge passed off shortly thereafter, which helped catapult e-commerce activities. Companies took advantage of this through developing digital storefronts after coming across they could sell large Volumes of products via B2C fashions.