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A lot of people use the term”online shopping” to reference any sort of online transaction involving a sale on the internet, however it is more commonly utilized to refer to earnings on auction sites like eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of shopping products or services at a retail”shop” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses between users and support suppliers (like hotels, cab services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this phase, both the consumers and the businesses have entered into a contractual relationship called a transactional arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the company owner must provide the purchased item to the customer by a certain date or within a specified time period. If the business cannot deliver the product on the agreed date, or when the customer insists on obtaining the product, the online shopping site provides a mechanism for your refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems that enable the secure transmission of data along with 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 better control over their online shopping experience, since they can make changes or cancel transactions anytime they want to do so.