Question

There is a system of selling where consumers directly interact with the other consumers through electronic mode. Identify and explain this system.

How in your opinion is this system beneficial to consumers? State any one limitation of such system.

Answer 1

This system is called C2C commerce. It provides a market for those consumers who want to deal in goods for which there is no established market. This is a system of selling where consumers directly interact with other consumers through electronic mode. This system is beneficial to those consumers who are looking for niche product from very trustworthy source like rented furniture. One limitation of this system is increased risk due to anonymity and the nontrace ability of parties.