This model will brings individual buyers and sellers together in an online marketspace, generates revenue in several ways, including transaction fees, sales commission, subscriptions, or membership fees and personal ad fees.
C2C businesses, such as eBay, offer the auction services and generate revenue from listing fees, sales commissions and advertising.
Typically C2C transactions are carried out via intermediary web sites set up to facilities this.
C2C transactions can also take pace via craft marketplaces like etsy and via social media and personal web pages.
In C2C business model, although there may be no financial transaction, there is still an exchange of value and these are economic activities and could be referred to as peer-to-peer.
Blogs for example have led to the development of news C2B and C2C application by presenting the opportunity and tools for virtually anyone to express their views easily and to communicate these globally and inexpensively.
What is C2C business model?