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A lot of people use the word”online shopping” to refer to any type of internet transaction between a sale online, but it is more commonly used to refer to sales on auction sites such as eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the genuine physical illustration of shopping products or services in a retail”shop” or shopping centre; the act of shopping here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between consumers and businesses or between users and support providers (like hotels, cab services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this stage, both the customers and the companies have entered into a contractual relationship known as a transactional arrangement or deal. Basically, when a consumer chooses to purchase a product or service from the seller, the company owner has to deliver the purchased item to the customer by a particular date or within a specified period of time. If the company cannot deliver the product on the agreed date, or if the consumer insists on getting the item, the online shopping website provides a mechanism for your refund or exchange.
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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 consumers, 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 whenever they want to do so.