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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

Assume that you are the owner of a small company that produces outdoor living furniture. Describe how you could use the B2C business model to sell your products to consumers.

Summary Introduction

To determine: The use of B2C business model to sell the products to the consumers.

Introduction: B2C or business-to-consumer is the form of trade exchange in which organizations sell goods or services to purchasers. Generally, this could allude to people looking for garments for themselves at the shopping malls, burger eatery, or buying in to pay per view television at home.

Explanation

The uses of B2C business model to sell the products to the consumers are as follows:

In a B2C circumstances, recognizing how purchasers conduct online is decisive to a company's prosperity. Regularly, a firm that uses a B2C show must answer the below question:

  • Whether customers utilize sites only to rearrange and accelerate contrast shopping?
  • Whether customers buy services and goods on the web or end up purchasing at a traditional retail location?
  • What kinds of goods and services are most appropriate for online consumer shopping?
  • Are customers eager to wait for buys to be conveyed, will they pay for next ...

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