Which e-commerce business model depicts demand driven by the consumer with supply driven by the business?

Question

Quizplus · Accepted Answer

B2C (Business-to-Consumer) is the e-commerce business model where the demand is driven by the consumer and the supply is driven by the business. This means that businesses target individual consumers and sell their products or services directly to them through various channels like websites, mobile apps, social media, etc. Hence, the B2C model fits the description given in the question.

Option B (C2B) is the reverse of B2C, where the demand is driven by the business and the supply is driven by the consumer. This model is used in situations like online marketplaces, where businesses can bid for projects or services offered by consumers.

Option C (E-CB) is not a recognized e-commerce business model.

Option D (I-BC) is not a recognized e-commerce business model either.

Which E-Commerce Business Model Depicts Demand Driven by the Consumer