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Questions and Answers
What is C2C ecommerce?
What is C2C ecommerce?
- Businesses selling products to consumers through a platform
- Consumers selling products to businesses through a platform
- Businesses selling products to other businesses through a platform
- Consumers selling products to other consumers through a platform (correct)
Which of the following is NOT an example of C2C ecommerce platform?
Which of the following is NOT an example of C2C ecommerce platform?
- Amazon (correct)
- Airbnb
- Uber
- eBay
What is m-commerce?
What is m-commerce?
- The use of desktop computers for online transactions
- The use of wireless handheld devices for online transactions (correct)
- The use of landline phones for online transactions
- The use of fax machines for online transactions
Which of the following statements is true about m-commerce?
Which of the following statements is true about m-commerce?
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What percentage of global ecommerce was generated via m-commerce in 2021?
What percentage of global ecommerce was generated via m-commerce in 2021?
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What percentage of global ecommerce was generated via m-commerce in 2021?
What percentage of global ecommerce was generated via m-commerce in 2021?
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Study Notes
- C2C ecommerce involves consumers selling products to other consumers through a platform.
- Examples of C2C ecommerce platforms include Uber, eBay, Airbnb, Gumtree, and Craigslist.
- Consumers either pay a fee or the platform takes a percentage of transactions processed.
- C2B ecommerce involves consumers selling products or services to businesses, who pay them.
- eCommerce refers to electronic business transactions across the entire internet.
- Mobile commerce (m-commerce) is the use of wireless handheld devices for online transactions.
- In 2021, more than 70% of global ecommerce was generated via m-commerce.
- Consumers use mobile devices for a variety of transactions, including payments, banking, and shopping.
- M-commerce is driven by mobile-first economies and emerging ecommerce markets.
- A PwC survey found that 41% of respondents shop via mobile or smartphone daily or weekly.
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