The Internet Dictionary - to understand the Internet Today is: 03.12.2008
 

The online dictionary » category: marketing & business

What Legacy business is


Slang for a traditional brick-and-mortar firm. Accurate or not, anything characterized as "legacy" is perceived to be old or outdated (as opposed to a new economy company, for example).


The meaning of B2C (Business-to-Consumer)


An acronym that describes the thousands of e-commerce Web sites which sell products directly to the public (the consumer market). B2C is different from the B2B sector, and this distinction is important when comparing Web sites. Each approach has its own business model, strategy, execution, and fulfillment. NetLingo.com has a B2C component that includes selling books (including NetLingo: The Internet Dictionary) and smiley merchandise.
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