B2C, C2B and other types of business are popular.

Do you know the differences between the different types of business models?

Imagine the interaction between a manufacturer and a retailer as an example of a B2B model.Business to business (B2B or B to B) refers to a business that is conducted between companies, rather than between a company and consumers.

The Business-to-Consumer business model is one of the most common types of business models where a business sells its products directly to the consumer and there is no third party involved in this type of interaction.

Take the example of a company that sells mobile phones.If you look at the same example as a B2B model, you can see that companies involved in selling some hardware components or software to SAMSUNG will also be benefited.

The majority of businesses have that type of business model where they sell directly to their consumers.

The third type or Consumer-to-Consumer business model is when a consumer makes a product and sells it to another consumer.

People post their items for sale on the popular website, and others can buy them.There is a deal and money transaction.

In this type of business model, the consumer or end user sells or provides their services to the business.The C2B model is different from the B2C model in that businesses produce services and products for consumers.

In order to describe this business model, we will use an example.Money transactions occur from business to consumer when popular YouTubers sell their ad spaces to advertisers.

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