These acronyms are really important in the E-commerce world.
E-commerce is an electronically exchanging of products or services.
B2B:
Business-to-Business:
Used for describing business activities in which companies sell products and services to other companies rather than directly to the public.
B2C
Business-to-Consumer:
Used for describing business activities in which companies sell products and services directly to the public rather than to other companies.
C2B:
Consumer-to Business:
Used for describing a type of business activity in which a customer deals with a company
C2C:
Consumer-to consumer:
Used for describing a type of business activity in which a customer deals with another customer.
Pics taken from: https://www.builderfly.com
What kind of business do you have?
What kind of business are you part of?
Want to practice even more?…
Let’s practice… Join our FREE Speaking Club!