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Many people use the word”online shopping” to reference any type of online transaction involving a sale online, however it is more commonly used to refer to earnings on auction sites such as eBay or online shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the genuine physical example of shopping 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 companies or between users and support providers (like hotels, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with companies through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship called a hierarchical arrangement or deal. Basically, when a consumer chooses to obtain a product or service from the vendor, the company owner has to provide the purchased item to the consumer by a particular date or within a specified time period. If the company cannot deliver the product on the agreed date, or when the consumer insists on getting the product, the online shopping website provides a mechanism for your refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems which enable the secure transmission of data and the transfer of payments 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 internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.