What is B2B and B2C, difference between B2B and B2C
What is B2B and B2C, difference between B2B and B2C
Much is actually made of what a B2B and what a B2C are. A B2B, by basic or general definition, is the Business to Business dealings which result in business. A B2C, on the other hand, again by the same basic or general definition, is the Business to Consumer which results in a transaction and business.
It is said that a business dealing with the supplying of raw materials to another business that utilizes the raw material to produce goods can be called B2B transactions. The B2B transaction doesn't involve any transaction from the direct customer and hence, no direct persuasion of the consumers. A B2B business happens only behind the scenes like the involvement of a technical crew in a film.
This turns out to be a good example that watching a film or releasing them on theaters is a Business to Consumer (B2C) transaction and making the film means a Business to Business proposition as it involves the necessity of various other services and products and involves other businesses.
It differs from movies only by the fact that the services offered by many can be called profession and not business. The automobile industry involves a lot of Business transactions.Making a car involves the requirement of the purchase of a lot of raw materials. The one who supplies raw materials can be said to be involved in a B2B Business.