Direct sale of goods and services between businesses

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Ecommerce operates in all four of the following major market segments. These are:

Business to business (B2B), which is the direct sale of goods and services between businesses

Business to consumer (B2C), which involves sales between businesses and their customers

Consumer to consumer, which allows individuals to sell to one another, usually through a third-party site like eBay

Consumer to business, which lets individuals sell to businesses, such as an artist selling or licensing their artwork for use by a corporation1

Providing goods and services isn't as easy as it may seem. It requires a lot of research about the products and services you wish to sell, the market, audience, competition, as well as expected business costs.

Reference no: EM133187804

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