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Many men and women use the word”online shopping” to refer to any sort of online transaction between a sale on the internet, but it is more commonly used to refer to earnings on auction websites like eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the actual physical example of shopping items or services in a retail”store” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and companies or between users and service suppliers (like 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 customers and the companies have entered into a contractual relationship called a hierarchical arrangement or agreement. Basically, when a consumer chooses to purchase a service or product from the seller, the company owner must provide the purchased item to the customer by a certain date or within a predetermined period of time. If the company can’t deliver the item on the agreed date, or if the customer insists on obtaining the item, the online shopping site 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 along with the transfer of payments in real-time. This technology makes e-commerce more convenient for customers, 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 wish to do so.