Asked by Raytchelle Miranda on May 31, 2024

verifed

Verified

Social marketplaces are an example of C2C commerce.

Social Marketplaces

Websites that act as online intermediaries that harness the power of social networks for introducing, buying, and selling products and services.

C2C Commerce

Consumer-to-Consumer commerce, a business model where consumers trade with each other, typically facilitated by a third-party platform.

  • Grasp the essentials of social marketplaces and their function in e-commerce.
verifed

Verified Answer

JL
Jennifer LodewykJun 02, 2024
Final Answer :
True
Explanation :
Social marketplaces, where consumers sell directly to other consumers, exemplify C2C (Consumer-to-Consumer) commerce.