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Many people use the term”online shopping” to reference any type of internet transaction involving a sale online, but it is more commonly used to refer to earnings on auction sites like eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An internet 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 sites, online purchases are made between customers and companies or between users and service suppliers (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 customers and the businesses have entered into a contractual relationship called a hierarchical arrangement or agreement. Basically, 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 business can’t deliver the product on the agreed date, or when the consumer insists on obtaining the product, the online shopping website provides a mechanism for your refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems which allow the secure transmission of data and 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 greater control over their online shopping experience, since they can make changes or cancel transactions whenever they want to do so.