C2C stands for “consumer-to-consumer” or “customer-to-customer”. It is a business model in which individuals trade goods or services with each other, typically in an online environment. C2C businesses act as intermediaries to facilitate these transactions, providing a platform for buyers and sellers to connect and complete transactions.

Some examples of C2C businesses include:

• eBay: An online auction marketplace where buyers and sellers can bid on and purchase a wide variety of goods.
• Craigslist: A classified ads website where users can post free listings for goods and services.
• Etsy: An online marketplace for handmade and vintage goods.
• Gumtree: A classified ads website similar to Craigslist.

C2C businesses have a number of advantages over traditional brick-and-mortar businesses, including:

• Lower overhead costs: C2C businesses do not need to maintain physical stores, which can save them a significant amount of money.
• Increased reach: C2C businesses can reach a global audience through online platforms, which can help them to grow their business more quickly.
• Greater flexibility: C2C businesses can be operated from anywhere, which gives entrepreneurs more freedom and flexibility.

However, C2C businesses also have some disadvantages, including:

• Increased risk: C2C businesses are more vulnerable to fraud and scams than traditional businesses.
• Lack of customer service: C2C businesses often do not offer the same level of customer service as traditional businesses.
• Difficulty in enforcing contracts: It can be difficult to enforce contracts in C2C transactions, as there is no central authority to mediate disputes.

Overall, C2C businesses can be a viable and profitable business model for entrepreneurs who are looking to start a business with low overhead costs and a global reach. However, it is important to be aware of the risks involved before starting a C2C business.