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A lot of people use the term”online shopping” to reference any sort of internet transaction between a sale online, but it is more commonly utilized 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 genuine physical illustration of purchasing products or services at a retail”shop” or shopping centre; the action of shopping here is called consumer-to-customer (C2C). In internet shopping sites, online purchases are made between customers and companies or between users and service providers (such as resorts, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with companies through their computers. At this phase, both the consumers and the companies have entered into a contractual relationship called a transactional arrangement or deal. In simple terms, when a consumer chooses to purchase a product or service from the seller, the company owner must deliver the purchased item to the customer by a certain 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 product, the online shopping site provides a mechanism for your exchange or refund.
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Real-time online shopping technology makes use of sophisticated electronic systems which allow the secure transmission of information along with the transfer of obligations in real-time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.