Categories

B2C (Business to Consumer)

Definition:

It is a commercial entity that retails commodities to end-user customers.

Information:

Business-to-consumer actions occur both online and offline, whereas online variability is defined fundamentally by the acronym B2C.

B2C companies portray a significant role in the swift expansion of the commercial internet in the 1990s. Customers acquire large sums of venture capital through free online facilities and discounted shopping. It also catalyzed the acceptance of the newly adopted way. When capitalist industries ran dry, B2C business fell first and quickly among the many. Various firms with the guidance of the investors develop their businesses from a B2C to a B2B.

Sometime after the .com bubble, B2C was seldom utilized until it was trailed by “…is dead.” With increasing internet-traffic, new technologies, and innovative online revenue models continue to arise, though various B2C firms are becoming successful online.

Related Terms

B2B

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