Wednesday, November 15, 2023

Types of Business Model with example

A business model is a strategic plan of how a company will make money. There are as many types of business models -

  1. B2B (Business-to-Business)
  2. B2C (Business-to-Consumer)
  3. C2C (Consumer-to-Consumer)
  4. C2B (Consumer-to-Business)


1. B2B (Business-to-Business):


In B2B, businesses sell products/services to other businesses.

Example: IBM provides softwares to other companies.

2. B2C (Business-to-Consumer):


In B2C, businesses sell products /services directly to individual consumers/customers.

Example: Amazon

3. C2C (Consumer-to-Consumer):


In C2C, individual consumers/customers engage in transactions with other individual consumers.

Example: OLX, eBay

4. C2B (Consumer-to-Business):


In C2B, individual consumers offer products/services to businesses.

Example: Fiverr, Upwork

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