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B2C

B2C

B2C, or business-to-consumer, is a business model whereby a company sells a product directly to consumers.

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Also Known As
B2C
Business to consumer
business-to-consumer

Business-to-Consumer (B2C), is a business model popularized by E-Commerce in the 1990s, where a business is selling directly to its consumer, who is the final user of the business' product. There are several other business models, such as; B2B, B2B2C, etc.

B2C is the most commonly used business/ sales model, although it did not originate in the 90s. B2C was first coined by Michael Aldrich in 1979. In that era, it mostly referenced things like retail shopping, restaurant dining, television advertising, and more. Anywhere a company was directly providing its services or products directly-to-consumers became referred to as a B2C business.

Despite the B2C model's success, it is no simple endeavor to create a successful B2C business. This specific model requires businesses to maintain an impactful relationship with their clientele to ensure recurring business as well as referrals. B2C in brick and mortar establishments became much more difficult to maintain after the arrival of internet commerce, or E-commerce as it is more commonly referred to today. Many storefront businesses, employing B2C tactics, succumbed due to the disruptive nature of the e-commerce conception.

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Further Resources

Title
Author
Link
Type
Date

Business-to-Consumer: What You Need to Know

Will Kenton

https://www.investopedia.com/terms/b/btoc.asp

Web

September 22, 2019

What is B2C Marketing? - Definition and Guide

https://www.youtube.com/watch?v=ORMRVK2t1jY

Web

April 23, 2020

What is B2C?

Business News Daily Editor

https://www.businessnewsdaily.com/5085-what-is-b2c.html

Web

February 4, 2020

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