📅 Day 9 of De-coding Start up terminologies.
Are you also confused between B2B, B2C and D2C business models ?
Have you also heard B2B, B2C and D2C business models in Shark Tank India, but not sure what they exactly mean?
Then read below ⬇️
➡️ B2B (Business to Business) is a business model when a business offers its product or services to other businesses. This means when the end consumer of the product is a business itself. Like TCS which is a software company and make softwares for other companies.
➡️ B2C (Business to Consumer) is a business model when a business offers its product or services to end consumers, may be via some distributors and retailers. Like we all use Dabur, Patanjali products which can be bought from retails stores.
➡️ D2C (Direct to Consumer) is a business model when a business offers its product or services directly to end consumers may be through their stores, website or marketplaces. Like Lenskart sells its products through their own stores and website.
If you need any further information on these topics, do comment and also subscribe @fintalkswithtarun
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