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Many people use the term”online shopping” to reference any type of online transaction involving a sale on the internet, however it is more commonly used to refer to sales on auction websites like eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the genuine physical example of shopping products or services at a retail”shop” 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 service suppliers (like hotels, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with companies through their computers. At this phase, both the customers and the companies have entered into a contractual relationship known as a transactional arrangement or agreement. In simple terms, when a consumer chooses to purchase a service or product from the seller, the company owner must provide the purchased item to the consumer by a particular date or within a predetermined time period. If the business can’t deliver the product on the agreed date, or if the consumer insists on getting the item, the online shopping site provides a mechanism for the refund or exchange.
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Real-time internet shopping technology uses 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 sales. Consumers enjoy greater control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.