Business-to-Consumer

What is Business-to-Consumer (B2C)?

Definition and meaning of Business-to-Consumer

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.

What does B2C stand for?

When we refer to B2C as an acronym of Business-to-Consumer, we mean that B2C is formed by taking the initial letters of each significant word in Business-to-Consumer. This process condenses the original phrase into a shorter, more manageable form while retaining its essential meaning. According to this definition, B2C stands for Business-to-Consumer.

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