Answer:
C2C means consumer to consumer transactions while B2C is a business to consumer transaction and represents a transaction between a business and consumers.
Explanation:
In Business, e-commerce can be defined as a business model which involves the buying and selling of goods or products over the internet.
Generally, e-commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Business to Consumer (B2C).
3. Business to Government (B2G).
4. Consumer to Consumer (C2C).
The difference between a C2C and a B2C is given below;
C2C is an acronym for consumer to consumer in e-commerce and it is a business model that involves the trading of goods specifically between consumers. This simply means that, in C2C both the buyer and seller is a consumer.
On the other hand, a B2C is a business model which means business to consumer and it is typically a market which involves businesses selling their goods and services directly to the end consumers for their personal use.