C2C

C2C (Consumer to Consumer): Definition and meaning

C2C is an abbreviation for “Consumer to Consumer” and refers to a form of electronic commerce in which products or services are exchanged directly between consumers. In other words, these are transactions in which private individuals sell or exchange products or services to other private individuals without a company acting as an intermediary.

Advantages of C2C:

The C2C form of trade offers a number of advantages for both buyers and sellers. For sellers, it allows direct access to the market without the need for an intermediary, which means potentially higher profit margins. For buyers, C2C offers a wide choice of products and often lower prices compared to traditional retail outlets.

Another advantage of C2C is the ability to find used or rare items that may not be available in regular stores. This creates a win-win situation where sellers can get rid of items they no longer need, while buyers gain access to products they might not otherwise find.

Examples of C2C platforms:

There are a variety of platforms that enable C2C commerce. One well-known example is eBay, an online auction platform where sellers can list their products and potential buyers can bid. Craigslist is another popular website for C2C transactions that focuses on local markets and allows users to buy and sell products in their area.

In addition, specialized C2C platforms have emerged in recent years that focus on specific product categories. Examples include Poshmark for fashion items or Etsy for handmade products and handicrafts.

Overall, C2C offers a convenient way for consumers to buy and sell products without having to rely on traditional retail stores. Through direct exchange between consumers, this form of commerce contributes to the diversity of the market and enables people to efficiently fulfill their needs.