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Abdul Samad Nadeem Malik
by Abdul Samad Nadeem Malik , Business Support Officer , Thimar Al Jazirah - 3M ESPE

Overall volume of B2B (Business-to-Business) transactions is much higher than the volume of B2C transactions. The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw meterials, and only one B2C transaction, specifically sale of the finished product to the end customer. For example, an automobile manufacturer makes several B2B transactions such as buying tires, glass for windscreens, and rubber hoses for its vehicles. The final transaction, a finished vehicle sold to the consumer, is a single (b2C)  transaction.

Khatim Abbas Seed
by Khatim Abbas Seed , BUSINESS CONSULTANT , Google

B2B = Business to Business (Business Customers)

B2C = Business to Consumer (Private Customers)

 

While in both cases the receiving end is a customer, the term/abbreviation aims to simplify the distinction. Business are hardly described as "consumers", rather in most cases "producers", "providers" or "facilitators" etc.

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