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Many men and women use the term”online shopping” to reference any type of internet transaction between a sale on the internet, but it is more commonly utilized to refer to earnings on auction websites like eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of shopping products or services in a retail”shop” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and businesses or between users and support providers (like hotels, cab services, etc..)
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Most online shopping transactions involve 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 hierarchical arrangement or agreement. Basically, when a consumer chooses to obtain a product or service from the vendor, the company owner has to provide the purchased item to the customer by a particular date or within a predetermined period of time. If the company can’t deliver the product on the agreed date, or when the consumer insists on getting the product, the online shopping website provides a mechanism for the refund or exchange.
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Real-time internet shopping technology makes use of sophisticated electronic systems that allow the secure transmission of data along with the transfer of obligations in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy better control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.