A computer system comprises hardware and software components, aiming to offer a powerful computational tool. These systems play a crucial role across diverse domains, aiding us in numerous tasks. The prevalence of the internet has significantly bolstered the utilization of computers for information sharing and communication. Computer systems empower us to store, process, display, and transmit information. Even in a basic modern computer system, multiple programs are typically required to carry out various functions effectively.

Wednesday, February 26, 2014

E-commerce: Consumer to Consumer or C2C

The consumer to consumer (C2C) –sometimes referred to as the person-to-person or P2P – model almost solely consists of online consumer auction sites in which consumers sell products to other consumers. It is typically facilitated by a third party.

In this type of e-commerce the seller may sell his service or his good by providing information on the internet. The buyer may evaluate this information in order to carry out the transaction.

The huge success of online auctions like eBay, where consumers can buy and sell with each other in an auction process at an auction website, make this E-commerce model one of the largest C2C e-commerce businesses today.

People and organizations buy and sell millions of appliances, automobiles, collectibles, equipment, furniture and other items on a daily basis.

eBay has established localized web sites in more than two dozen other countries in addition to United States.

Other examples of C2C sites include Bidzcom, Craiglist, eBid, ePier, Ibidfree, Kijiji, Ubid and Tradus.
E-commerce: Consumer to Consumer or C2C

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