C2B MODEL

MY BLOG IS ABOUT C2B MODEL:

THE C2B MODEL INVOLVES A TRANSACTION THAT IS CONDUCTED BETWEEN A CONSUMER AND A BUSINESS ORGANIZATION WHEREBY THE TRANSACTION ORIGINATED  BY THE CUSTOMER HAS A SET OF REQUIREMENT SPECIFICATION AS A SPECIFIED PRICE  FOR A COMMODITY OR SERVICE AND IT BECOMES THE RESPONSIBILITY OF ELECTRONICS COMMERCE  BUSINESS  ENTITY TO MATCH THE REQUIREMENT OF THE CONSUMERS TO THE  EXTENT BEST POSSIBLE. IT IS THE SIMILAR TO B2C MODEL WITH THE ONLY DIFFERENCE THAT IN  THIS CASE . THE CONSUMER IS THE SELLER AND THE BUSINESS ORGANISATION IS THE BUYER . IN THIS KIND OF A TRANSACTION  THE CONSUMERS DECIDE THE PRICE OF PARTICULAR PRODUCTS RATHER  THAN SUPPLER.THE CATEGORY INCLUDES INDIVIDUALS WHO SELL PRODUCTS AND SERVICES TO ORGANISATIONS.Image result for c2b model