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Many men and women use the term”online shopping” to reference any type of online transaction between a sale on the internet, however it is more commonly used to refer to earnings on auction sites such as eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the genuine physical example of purchasing products or services in a retail”shop” or shopping centre; the action of shopping here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and companies between users and support providers (like resorts, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this phase, both the consumers and the companies have entered into a contractual relationship known as a transactional arrangement or deal. In simple terms, when a consumer chooses to obtain a service or product from the vendor, the business owner has to provide the purchased item to the consumer by a particular date or within a specified period of time. If the company can’t deliver the item on the agreed date, or when the consumer insists on getting the item, 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 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 want to do so.