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A lot of men and women use the term”online shopping” to reference any type of online transaction between a sale online, but it is more commonly used to refer to sales on auction sites such as eBay or online shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the actual physical example of purchasing items or services in a retail”shop” or shopping center; the action of shopping here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between consumers and businesses between users and support suppliers (such as hotels, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship called a hierarchical arrangement or agreement. Basically, when a consumer chooses to purchase a service or product from the seller, the company owner has to deliver the purchased item to the consumer by a certain date or within a specified period of time. If the business can’t deliver the product on the agreed date, or if the customer insists on obtaining the product, the online shopping site provides a mechanism for the refund or exchange.
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Real-time internet shopping technology makes use of sophisticated electronic systems which enable the secure transmission of data and the transfer of obligations in real-time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy greater control over their online shopping experience, as they can make changes or cancel transactions whenever they wish to do so.