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Many men and women use the term”online shopping” to reference any type of online transaction involving a sale online, however it is more commonly utilized to refer to earnings on auction sites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the genuine physical example of shopping items or services at a retail”store” or shopping center; the action 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 involve consumers interacting with businesses through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship known as a hierarchical arrangement or deal. Basically, when a consumer chooses to obtain a product or service from the vendor, the business owner has to provide the purchased item to the customer by a certain date or within a predetermined time period. If the company can’t deliver the product on the agreed date, or when the consumer insists on getting the product, the online shopping website provides a mechanism for the exchange or refund.
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Real-time internet shopping technology makes use of sophisticated electronic systems that allow 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 up sales. Consumers love greater control over their internet shopping experience, as they can make changes or cancel transactions anytime they wish to do so.