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Many men and women use the word”online shopping” to refer to any type of internet transaction between a sale online, however it is more commonly utilized to refer to sales on auction sites such as eBay or internet 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 called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and companies or between users and service suppliers (like resorts, cab services, etc..)
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Most online shopping transactions demand consumers interacting with companies 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. In simple terms, when a consumer chooses to purchase a service or product from the seller, the company owner has to provide the purchased item to the consumer by a particular date or within a predetermined time period. If the company can’t deliver the item on the agreed date, or when the consumer insists on obtaining 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 which allow the secure transmission of data and the transfer of payments in real time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving up sales. Consumers love better control over their online shopping experience, since they can make changes or cancel transactions anytime they wish to do so.