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business
B2C (Business-to-Consumer)
Business model selling directly to individual consumers rather than businesses.
B2C (Business-to-Consumer) describes businesses that sell products or services directly to individual consumers. B2C companies typically have lower prices, higher volumes, shorter sales cycles, and different marketing strategies than B2B.
Tips
- B2C requires high volume for profitability
- Focus on viral growth and word-of-mouth
- Churn is typically higher than B2B
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