A business model is a strategic plan of how a company will make money. There are as many types of business models -
- B2B (Business-to-Business)
- B2C (Business-to-Consumer)
- C2C (Consumer-to-Consumer)
- 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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