Illustrate the term b2c-b2b and b2g

Question

Briefly illustrate the term b2c, b2b and b2g?

Answer 1

B2B signifies for business-to-business which illustrates marketable transactions among businesses like between a web development reseller and a firm. These transactions are huge in volume and therefore b2b is prosperous these days the most. B2C signifies for business-to-consumer and illustrates transaction among consumer and business. It can be better explained through defining retail in which touchable goods are sold from stores or set location directly to the consumer. B2G signifies for business-to-government and is a copied of B2B and is illustrated as transaction among business and government in which a business entity supplies goods or services to a government division or firm and can be stated as public sector marketing.