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A lot of people use the word”online shopping” to reference any type of internet transaction between a sale on the internet, but it is more commonly used to refer to earnings on auction websites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the genuine physical example of purchasing products or services in a retail”store” or shopping centre; the action of shopping here is known as consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and companies or between users and support providers (such as hotels, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship known as a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the seller, the business owner must provide the purchased item to the consumer by a particular date or within a predetermined time period. If the business can’t deliver the product on the agreed date, or if the customer insists on obtaining the item, the online shopping website provides a mechanism for the exchange or refund.
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Real-time online shopping technology makes use of sophisticated electronic systems which allow the secure transmission of information along with the transfer of obligations in real-time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving sales. Consumers love greater control over their online shopping experience, since they can make changes or cancel transactions anytime they wish to do so.