Question

The revolution in cyberspace has created a situation in which consumers can sell to other consumers in communities like etsy. this is known as ________.

Answer 1

The cyberspace has brought in flexibility in the market for both the sellers and consumers and in addition to that brought in a case of consumers selling products to other consumers and this kind of community availability is called C2C e-commerce. This is one of the four categories of e-commerce. This category avoids the middle man which enables to bring profits to both parties.