B2C e-commerce

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B2C E-Commerce

A transaction conducted over the Internet between a business and a consumer. For example, an online publisher may sell a book to a customer, ship it to him/her, and receive payment, all without ever meeting the customer. B2C e-commerce first became common in the 1990s with the popularization of the Internet. See also: dot-com bubble, B2B.

B2C e-commerce

The conducting of commerce by companies, government agencies, and institutions with consumers over the Internet. Amazon.com is typical of a company engaged in B2C e-commerce.
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Citing public domain data, Mr Alashraaf said the global value of business to business eCommerce is currently estimated at $22.4 trillion, whereas the value of business to consumer eCommerce is about $2.9trn.
Especially, business to consumer ecommerce model has proved itself very helpful for businesses in improving return on investments and increasing customer traffics during lean period as well as for consumers in grabbing bargains (special prices).
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