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Many people use the word”online shopping” to refer to any type of online transaction involving 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 online store evokes the actual physical illustration of purchasing items or services in a retail”shop” or shopping centre; the action of shopping here is known as consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and businesses between users and service providers (like resorts, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this stage, both the customers and the companies have entered into a contractual relationship known as a hierarchical arrangement or agreement. Basically, when a consumer chooses to obtain a service or product from the vendor, the business owner must provide the purchased item to the customer by a certain date or within a specified time period. If the business can’t deliver the product on the agreed date, or if 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 online shopping technology uses sophisticated electronic systems which allow the secure transmission of data along with the transfer of obligations 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 internet shopping experience, as they can make changes or cancel transactions whenever they want to do so.