Exclusive B2B, B2C, and C2C terms

Source: Internet
Author: User
The so-called B2B, B2C, and C2C are the categories for e-commerce according to the transaction objects.
B2B (Business To Business) is the e-commerce between enterprises;
B2C (Business To Customer) is the e-commerce between enterprises and consumers;
C2C (Customer To Customer) is the e-commerce between consumers and consumers.
 
Both B in B2B represent Business, and "2" is the homophone of English "two", representing "". Therefore, we generally refer to B2B as the English pronunciation "B-to-B", rather than "2" as the Chinese pronunciation. But now many people are used to pronunciation "B2B" according to Chinese pronunciation, and it will not cause misunderstanding when talking about e-commerce. Therefore, they can understand it in any way.
The B2B e-commerce model includes two basic modes: one is the direct e-commerce between enterprises (such as online procurement and online supply by manufacturers ); the other is a business activity through a third-party e-commerce website platform. For example, the famous Chinese e-commerce website china.alibaba.com is a B2B e-commerce platform. Enterprises of all kinds can use Alibaba to conduct e-commerce (B2B) between enterprises, such as publishing and querying supply and demand information, conducts online communication and business negotiation with potential customers/suppliers.
Abbreviations related to e-commerce include B2C (business-to-consumer), C2C (consumer-to-consumer), and G2B (government-to-Enterprise)
B2B (Business To Business) refers To the exchange of products, services and information between enterprises over the Internet. At present, Internet-based B2B is growing rapidly. According to the latest statistics, the transaction volume of B2B on the Internet at the beginning of this year has far exceeded that of B2C. In the next five years, b2B will reach an average annual growth rate of 41%. By 2004, B2B transactions around the world are expected to reach $7.29 trillion.
Transactions between traditional enterprises often consume a lot of resources and time, and both sales and distribution and procurement occupy product costs. Through B2B transactions, buyers and sellers can complete the entire business process on the Internet, from initial impressions, to three orders, to bargaining, signing and delivery, and finally to customer service. B2B allows transactions between enterprises to reduce a lot of transactional workflows and management costs, reducing the business costs. The convenience and extensiveness of the network allow enterprises to expand their scope of activities, making it easier for enterprises to develop cross-regional and cross-national boundaries, and reducing costs.
B2B not only establishes an online buyer group, but also provides a foundation for strategic cooperation between enterprises. Any enterprise, no matter how powerful it is, or how good its business strategy is, is impossible to achieve B2B independently. The era of standalone competition has passed, and the establishment of cooperation alliances among enterprises has gradually become a development trend. The network makes information accessible. Enterprises can establish mutually beneficial cooperation in the market, product, or operation through the network to form horizontal or vertical business integration, with a larger scale, stronger strength, and more economical operation, global operation management is truly achieved.

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