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Nov 25, 2011

Glossary - Blog


A Blog, or Weblog, is a hierarchy of text, images, media objects and data, arranged cronologically, that can be viewed using a web browser.

"A Blog is an online personal diary. A daily pulpit. A collaborative space. A political soapbox. A breaking news outlet. A collections of links. Your own private thoughts. Memos to the world." 

an anonymous writer 

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Glossary - Cusomer-to-Consumer (C2C)


Cusomer-to-Consumer (C2C) is transaction between a consumer and othr consumers, mostly through online auction.

A good example is eBay, which is an American online consumer-to-consumer corporation that manages an online auction and shopping site.

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Glossary - Consumer-to-Business (C2B)

Consumer-to-Business (C2B) is a means through which consumers decide what they want to pay, and the vendor decides whether or not to accept. This is also called reverse auction.

An example of C2B is where consumers form groups to strengthen their bargain, and the vendor gives in to the large number of purchases.

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