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Many men and women use the term”online shopping” to reference any type of internet transaction between a sale on the internet, but it is more commonly utilized to refer to sales on auction websites such as eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the actual physical illustration of shopping products or services in a retail”store” or shopping center; the act of purchasing here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and companies or between users and service suppliers (such as resorts, cab services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this stage, both the consumers and the companies have entered into a contractual relationship called a transactional arrangement or deal. Basically, when a consumer chooses to obtain a service or product from the vendor, the business owner has to deliver the purchased item to the customer by a particular date or within a specified period of time. If the company can’t deliver the product on the agreed date, or when the customer insists on getting the item, the online shopping site provides a mechanism for your exchange or refund.
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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 enjoy better control over their online shopping experience, since they can make changes or cancel transactions anytime they wish to do so.