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Many people use the word”online shopping” to refer to any type of internet transaction between a sale online, but it is more commonly utilized 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”store” or shopping center; the act of purchasing here is known as consumer-to-customer (C2C). In online 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 arrangements demand consumers interacting with companies through their computers. At this stage, both the consumers and the businesses have entered into a contractual relationship known as a hierarchical arrangement or deal. In simple terms, when a consumer chooses to purchase a service or product from the seller, the business owner has to provide 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 getting the item, 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 that allow the secure transmission of information and 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 enjoy better control over their online shopping experience, as they can make changes or cancel transactions anytime they want to do so.