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A lot of people use the term”online shopping” to reference any type of online transaction involving a sale on the internet, but it is more commonly utilized to refer to sales on auction websites like eBay or online shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the actual physical example of purchasing items or services in a retail”shop” or shopping centre; the action of shopping here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and companies between users and support suppliers (like hotels, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship called a transactional arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the business owner has to deliver the purchased item to the customer by a particular date or within a predetermined time period. If the business cannot deliver the product on the agreed date, or when the consumer insists on getting the item, the online shopping website provides a mechanism for your exchange or refund.
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Real-time online shopping technology uses sophisticated electronic systems which allow the secure transmission of information and the transfer of payments in real time. This technology makes e-commerce more suitable 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 want to do so.