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A lot of people use the term”online shopping” to reference any sort of internet transaction involving a sale online, however it is more commonly used to refer to sales on auction sites such as eBay or online shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the genuine physical illustration of shopping items or services in a retail”shop” or shopping center; the action 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 support suppliers (like hotels, taxi services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this stage, both the customers and the companies have entered into a contractual relationship known as a hierarchical arrangement or deal. In simple terms, when a consumer chooses to purchase a product or service from the seller, the business owner has to deliver the purchased item to the customer by a certain date or within a specified time period. If the company can’t deliver the item on the agreed date, or if the consumer insists on getting the item, the online shopping site provides a mechanism for the refund or exchange.
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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 suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their online shopping experience, as they can make changes or cancel transactions whenever they want to do so.