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Many people use the word”online shopping” to refer to any sort of internet transaction involving a sale on the internet, but it is more commonly utilized to refer to earnings on auction sites like eBay or online shopping portals. “Web store”, on the flip side, redirects here. An internet store evokes the actual physical example of purchasing products or services in a retail”shop” or shopping center; the act of shopping here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses or between users and service providers (such as hotels, cab services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this phase, both the customers and the companies have entered into a contractual relationship known as a transactional arrangement or agreement. Basically, when a consumer chooses to purchase a service or product from the vendor, the company owner must deliver the purchased item to the customer by a certain date or within a predetermined period of time. If the company cannot deliver the item on the agreed date, or when the consumer insists on obtaining the product, the online shopping website provides a mechanism for the exchange or refund.
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Real-time internet shopping technology makes use of sophisticated electronic systems that enable the secure transmission of data along with the transfer of payments in real time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their internet shopping experience, as they can make changes or cancel transactions whenever they want to do so.