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Many people use the word”online shopping” to refer to any type of online transaction involving a sale online, however it is more commonly utilized to refer to sales on auction sites such as eBay or online shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the genuine physical example of purchasing products or services in a retail”store” or shopping center; the action of purchasing here is known as consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and businesses between users and service suppliers (such as resorts, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this phase, both the consumers and the companies have entered into a contractual relationship known as a hierarchical arrangement or deal. Basically, when a consumer chooses to purchase a product or service from the seller, the business owner has to deliver the purchased item to the consumer by a certain date or within a predetermined time period. If the company cannot deliver the item on the agreed date, or when the customer insists on obtaining the item, the online shopping website provides a mechanism for the refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems that enable the secure transmission of data along with 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 online shopping experience, as they can make changes or cancel transactions anytime they want to do so.