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A lot of people use the word”online shopping” to reference any sort of online transaction involving a sale on the internet, but it is more commonly utilized to refer to earnings on auction sites like eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the actual physical illustration of shopping products or services in a retail”store” or shopping centre; the act of purchasing here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and companies between users and support suppliers (like hotels, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this stage, both the consumers and the companies have entered into a contractual relationship known as a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to obtain a service or product from the seller, the company owner has to deliver the purchased item to the consumer by a particular date or within a predetermined period of time. If the company cannot deliver the item on the agreed date, or when the customer insists on obtaining 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 that enable the secure transmission of information along with the transfer of obligations in real time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their internet shopping experience, since they can make changes or cancel transactions anytime they wish to do so.