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A lot of men and women use the word”online shopping” to refer to any type of internet transaction between a sale on the internet, but it is more commonly utilized to refer to earnings on auction sites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical illustration of purchasing items or services in a retail”shop” or shopping center; the action of shopping here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between consumers and businesses or between users and service providers (such as resorts, cab services, etc..)
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Most online shopping arrangements involve consumers interacting with companies through their computers. At this stage, both the consumers and the companies have entered into a contractual relationship called a hierarchical arrangement or agreement. Basically, when a consumer chooses to purchase a service or product from the seller, the company owner must provide the purchased item to the customer by a particular date or within a predetermined time period. If the business can’t 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 exchange or refund.
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Real-time online 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 convenient for customers, 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 wish to do so.