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A lot of men and women use the term”online shopping” to refer to any sort of online transaction between a sale on the internet, but it is more commonly utilized to refer to sales on auction sites like eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the actual physical illustration of purchasing products or services in a retail”shop” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and companies or between users and support providers (like resorts, taxi services, etc..)
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Most online shopping arrangements involve 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 transactional arrangement or deal. Basically, when a consumer chooses to purchase a service or product from the vendor, the business owner has to provide the purchased item to the customer by a certain date or within a predetermined period of time. If the company cannot deliver the item on the agreed date, or if the customer insists on obtaining the item, the online shopping website provides a mechanism for the refund or exchange.
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Real-time online shopping technology makes use of sophisticated electronic systems which enable the secure transmission of information along with the transfer of payments in real-time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving sales. Consumers love greater control over their online shopping experience, since they can make changes or cancel transactions anytime they wish to do so.