Question

Explain Consumer to Consumer (C2C), E-commerce business model. Also give the example.

Answer 1

In this model, consumers interact with one another.

Usually C2C transactions take place on an online platform, such as e-commerce site where people come together to buy, sell or trade various products or items.  

This way, consumers do not have to go out to buy stuff as they can do this from the comfort of their house.

For example: Web classified, Web auctions, etc.