Do you know the difference between B2C and B2B? No, these aren’t text message abbreviations like LOL (laugh out loud) and BRB (be right back). Instead, they’re business terms that are of particular importance for marketers.
B2C stands for “business to consumer,” and B2B stands for “business to business.” These abbreviations are most commonly used in reference to marketing strategies.
B2C and B2B strategies have many crucial differences. Think about it: you wouldn’t sell a set of home kitchenware in the same way you’d sell an array of industrial ovens. Likewise, everyday consumers and businesses have different wants and needs. In this post, you’ll learn all about the B2C world; lookout for a future post explaining B2B.
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