Both buyers and sellers are customers under_______ type of e-business transactiona)B2B Commerceb)C2C Commercec)C2B Commerced)B2C CommerceCorrect answer is option 'B'. Can you explain this answer?

Question

Answer

Correct answer is B : C2c business because the mea

ning of c2c business is

Answer

Ans: Option 'B' is correct because----~ CUSTOMER TO CUSTOMER (C2C), E-COMMERCE is a type of trade relation where both SELLERS and BUYERS are CONSUMERS, not businesses. ~Its a kind of INTERACTION between PARTIES through a THIRD one, mostly an ONLINE auction or trade WEBSITE. ... Various INTERNET resources help SELLERS and BUYERS to find each other by charging a small fee or commission.

Answer

Yes bcoz in this both are customer therefore the answer is C2C means customer 2 customer

Answer

Because both of them are customers at a

Answer

Asin c2c commerce both the persons are having tr

ansaction for egyou want to sell a

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In C2C commerce the business is also

Answer

B2C

Answer

In e-business transactions, there are different types of commerce models that define the relationship between buyers and sellers. One such model is C2C commerce, which stands for consumer-to-consumer commerce. In this type of transaction, both buyers and sellers are considered customers.

Explanation:

C2C Commerce:
C2C commerce involves transactions that take place between individual consumers. It typically occurs on online platforms or marketplaces where individuals can buy and sell goods or services directly to each other. Examples of C2C commerce platforms include eBay, Etsy, and Craigslist. In this model, buyers and sellers are both considered customers because they are individuals who engage in transactions with each other.

Importance of Both Buyers and Sellers as Customers:
In C2C commerce, both buyers and sellers play crucial roles in the transaction process. Here's why both parties are considered customers:

1. Buyers as Customers:
- Buyers are individuals who purchase goods or services from sellers.
- They are customers because they engage in transactions and provide payment for the products or services they want to acquire.
- Buyers have specific needs and preferences, and sellers must cater to these demands to ensure customer satisfaction.

2. Sellers as Customers:
- Sellers are individuals who offer goods or services for sale to buyers.
- They are customers because they rely on buyers to generate revenue and sustain their business.
- Sellers must understand the needs and preferences of buyers to effectively market and sell their products or services.

The Role of E-Business Transactions:
E-business transactions refer to any business activity conducted online. They have become increasingly popular due to the convenience and accessibility of the internet. In the context of C2C commerce, e-business transactions enable individuals to buy and sell products or services electronically.

Conclusion:
In C2C commerce, both buyers and sellers are considered customers because they engage in transactions with each other. Buyers provide payment for the goods or services they want to acquire, while sellers rely on buyers to generate revenue and sustain their business. E-business transactions facilitate these interactions by providing a platform for individuals to engage in online buying and selling.

Answer

B2C stands for Business-to-Customer, referring to transactions where businesses sell products or services directly to consumers online.

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