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A lot of men and women use the word”online shopping” to refer to any sort of internet transaction between a sale on the internet, but it is more commonly used to refer to sales on auction websites such as eBay or online shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the genuine physical illustration of purchasing products or services in a retail”store” or shopping centre; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies between users and service suppliers (like hotels, cab services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this phase, both the consumers and the businesses have entered into a contractual relationship known as a transactional arrangement or deal. Basically, when a consumer chooses to purchase a service or product from the vendor, the business owner has to provide the purchased item to the customer by a particular date or within a predetermined time period. If the company can’t deliver the item on the agreed date, or if the consumer insists on obtaining the item, the online shopping website provides a mechanism for the 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 obligations in real-time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers love greater control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.