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A lot of people use the word”online shopping” to refer to any sort of internet transaction involving a sale online, however it is more commonly used to refer to sales on auction sites like eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the actual physical example of shopping products or services in a retail”shop” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and companies or between users and support suppliers (like hotels, cab services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this phase, both the consumers and the companies have entered into a contractual relationship called a hierarchical arrangement or agreement. Basically, when a consumer chooses to obtain a service or product from the seller, the business owner has to deliver the purchased item to the consumer by a particular date or within a specified period of time. If the business cannot deliver the product on the agreed date, or when the customer insists on obtaining the item, the online shopping site provides a mechanism for your exchange or refund.
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Real-time internet shopping technology makes use of sophisticated electronic systems which allow the secure transmission of data along with the transfer of payments in real time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving up sales. Consumers love greater control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.