Question- Discuss C2C-e-commerce.

Ans.

C2C E-Commerce

Consumer-to-Consumer (C2C) e-commerce is an internet-facilitated form of commerce. It has existed for the span of history in the form of, flea markets, swap meets, yard sales barter etc. Most of the highly successful C2C examples. using the internet take advantage of some type of corporate intermediary and are thus not strictly good examples of C2C electronic commerce. Consumer-to- Consumer electronic commerce promotes the opportunity for consumers to transact goods or services with other consumers present on the internet. The C2C electronic commerce, in many a situations, models the exchange systems with a modified form of deal making. For deal making purposes a large virtual consumer trading community is developed. The customer operates by the rules of this community to complete, check, and decide his own basic selling and buying prices. In C2C electronic commerce, electronic tools and internet infrastructure are employed to support transactions between individuals. Traditional economic activities corresponding to classified advertisement and auctions of personal possessions form the basis for the category. Much of the transactions correspond to gift items, craft merchandise, and similar items that are normally sold through 'flea' markets, where individuals sell their goods to other individuals at a market determined prices.

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