Question 9: Digital Commerce

Digital Commerce:

1. Business-to-Business (B2B) model: 

Business-to-business (B2B) refers to a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process.

2. Business-to-Consumer (B2C) model: 

Business to consumer (B2C) is business or transactions conducted directly between a company and the consumers who are the end-users of its products or services. 

3. Consumer-to-Consumer (C2C) model: 

Customer-to-customer, or consumer-to-consumer, is a business model that facilitates the transaction of products or services between customers.

4. Customer-to-Business (C2B) model: 

Sometimes known as Consumer to Business, is the most recent E-Commerce business model. In this model, individual customers offer to sell products and services to companies who are prepared to purchase them. This business model is the opposite of the traditional B2C model.