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A lot of men and women use the word”online shopping” to reference any sort of internet transaction involving a sale on the internet, but it is more commonly utilized to refer to earnings on auction websites such as eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An online store evokes the actual physical example of purchasing items or services in a retail”store” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and companies between users and support providers (like resorts, taxi services, etc..)
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Most online shopping transactions involve 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 transactional arrangement or deal. Basically, when a consumer chooses to obtain a product or service from the vendor, the company owner has to deliver the purchased item to the customer by a certain date or within a predetermined time period. If the company can’t deliver the item on the agreed date, or when the customer insists on getting the product, the online shopping site provides a mechanism for the refund or exchange.
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Real-time online shopping technology makes use of sophisticated electronic systems which enable the secure transmission of information and the transfer of payments in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their online shopping experience, since they can make changes or cancel transactions anytime they want to do so.