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There are various platforms that Consumer-to-consumer e-commerce is taking place on, such as social media (e.g. Products sold may often be used or second-hand, since consumer to consumer sales are often facilitated through auction or classified sites.Since products are usually second-hand, surplus, or used there is seldom a long development cycle associated with the products that are marketed via this method.A common example is the online auction, in which a consumer posts an item for sale and other consumers bid to purchase it; the third party generally charges a flat fee or commission.
They do not have to check quality of the products being offered.
Consumer to consumer (C2C) marketing is the creation of a product or service with the specific promotional strategy being for consumers to share that product or service with others as brand advocates based on the value of the product.
This facilitates easy exploration for buyers and enables the sellers to immediately list an item for sale within minutes of registering.
When an item is listed on a C2C site, a nonrefundable insertion fee is charged based on the seller's opening bid on the item.
After the C2C site sets up the system in which bids could be placed, items can be put up for sale, transactions can be completed, seller fees are charged, and feedback can be left, while the C2C site stays in the background.
For example, at the end of an auction, the C2C site notifies the buyer via e-mail that he or she has won.
Customer to customer (C2C) markets provide an innovative way to allow customers to interact with each other.
Traditional markets require business to customer relationships, in which a customer goes to the business in order to purchase a product or service.
Furthermore, as it becomes more economical for individuals to network on the internet via social websites and individual content creation, this marketing model has been greatly leveraged by businesses and individuals alike.
Newspapers and other similar publications were in frequent circulation and therefore were able to be used to facilitate a common need.
The most successful current form of auctions is based on the internet, such as e Bay.Tags: Adult Dating, affair dating, sex dating