What does 'B2C' denote in e-commerce? 🔊
'B2C' denotes Business-to-Consumer in e-commerce, describing transactions where businesses sell products or services directly to individual consumers. This model contrasts with B2B (Business-to-Business) transactions, focusing on marketing strategies, user experience, and consumer behavior. Understanding the B2C landscape enables businesses to tailor their offerings to meet consumer needs, build brand loyalty, and enhance customer engagement through targeted marketing efforts and personalized experiences.
Equestions.com Team – Verified by subject-matter experts