Advantages and disadvantages of B2B (business to business), B2C (business to consumer), and C2C (consumer to consumer):
ADVANTAGES:
- less staff, therefore not as many wages to pay
- less advertising costs
- no shop front to maintain
- if business is successful, sales increase
- easy for consumers to use
- less running costs
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DISADVANTAGES:
- cost cutting due to not having the shop front, staff, equipment etc..
- competition will force your prices down
- lose alot of existing customers to competition
- use of stolen credit cards
- competition with other similar companies on the web
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