What is meant by C2C?

C2C stands for Consumer-to-Consumer. This term describes a business model where consumers sell goods and services to each other, often facilitated by a third-party platform. Websites and apps such as eBay, Craigslist, and Facebook Marketplace exemplify C2C transactions, allowing individuals to list items for sale and connect directly with potential buyers. This model has grown significantly with the rise of internet access and online marketplaces, empowering consumers to act as both sellers and buyers.

In this context, the other options refer to different transaction models. Consumer-to-Customer generally does not represent a common business model, as it implies a direct consumer selling to another customer but isn't widely recognized or utilized. Customer-to-Company indicates a transaction from a consumer to a business, which portrays the more traditional retail model. Company-to-Company typically refers to transactions or interactions between businesses, often used in B2B (Business-to-Business) scenarios. Thus, the accuracy of Consumer-to-Consumer in defining C2C lies in its established recognition and application in online commerce.