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A lot of people use the word”online shopping” to refer to any sort of online transaction between a sale on the internet, however it is more commonly used to refer to sales on auction websites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical illustration of shopping items or services in a retail”store” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and companies 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 stage, both the customers and the companies have entered into a contractual relationship called a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to purchase a service or product from the vendor, the company owner must provide the purchased item to the customer by a particular date or within a predetermined time period. If the company cannot deliver the item on the agreed date, or when the consumer insists on getting the product, the online shopping site provides a mechanism for your refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems that enable the secure transmission of information 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, since they can make changes or cancel transactions whenever they want to do so.