B2C e-commerce

(redirected from Business-to-Consumer E-Commerce)

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.
References in periodicals archive ?
The B2B market will generate 10 to 20 times greater revenues than business-to-consumer e-commerce," he predicts.
A survey from the Electronic Commerce Promotion Council and Japan and Anderson Consulting has found that the market for business-to-consumer e-commerce grew by four times to JPY248bn in 1999 compared to 1998.
That's ten times larger than business-to-consumer e-commerce.
Turning to online e-commerce transactions, he said by 2003 business-to-business e-commerce in the Asia Pacific will be worth $280bn, or 35% of the world total, while business-to-consumer e-commerce in the region will be worth $43bn representing 25% of the worldwide total.
accounts for about two-thirds of the world's business-to-consumer e-commerce, which the GartnerGroup's Dataquest division says was worth more than $31 billion in 1999, up from $11 billion the year before.
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