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Many men and women use the word”online shopping” to reference any type of internet transaction involving a sale online, however it is more commonly utilized to refer to earnings on auction sites like eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of shopping products or services in a retail”store” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and businesses between users and service 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 companies have entered into a contractual relationship known as a transactional arrangement or agreement. In simple terms, when a consumer chooses to purchase a product or service from the vendor, the company owner must deliver the purchased item to the consumer by a particular date or within a specified time period. If the business can’t deliver the item on the agreed date, or if the customer insists on getting 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 that allow the secure transmission of data along with the transfer of obligations in real time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving up sales. Consumers love greater control over their online shopping experience, since they can make changes or cancel transactions whenever they want to do so.