Business to Business (B2B)
In internet world today, B2B (business to business), also called ebiz, is the exchange of products, services or ecommerce between companies, rather than between companies and consumers. Business to business advertising (B2B advertising) involves the sale of one company’s product or service to another company. B2B buyers make decisions on cost and profit possibility while consumers select products based on price instead of popularity, status, and other emotional causes. Finding new ways to cultivate relationships is now a popular topic in the b2b world. Based on our social media survey, businesses are more likely to purchase from companies.
Business to Consumer (B2C)
Company to consumer (B2C) is business conducted directly between a business and consumers who are the end users of its services or products. The business to consumer as a business model differs from your business to business model, which refers to trade between several companies. While business to consumer activiy exists both offline and online, the acronym B2C has mainly been used to describe by online world. B2C businesses played a significant part in the accelerated development of the commercial Internet in the 1990s. Housecleaning services, retail stores and eateries are the type of B2C businesses. Websites offering consumer products are B2C. The B2C sales cycle is not simple and faster. The consumer is encouraged to purchase the products instantly.
A startup is a business that’s just starting to develop. Startups are often not large and initially funded and managed by creative founders or someone. A startup company is working to solve an issue where the success is not assured and the solution isn’t found. These companies are typically involved in execution and the design of the revolutionary procedures of validation, the development and research for target markets. In the initial phases, startup companies’ expenses often exceed their sales as they work on testing, developing and marketing their thought. Therefore, they generally need funding. Startups may be funded by conventional small business loans from credit unions or banks, by government-sponsored Small Business Administration loans or by grants from state governments and nonprofit organizations. Incubators can provide both guidance and capital to startups, while family and friends may provide help . A startup that can demonstrate its possibility may have the ability to bring venture capital funding in exchange for giving up a percentage of business ownership and some control.