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A lot of people use the term”online shopping” to refer to any type of internet transaction involving a sale on the internet, but it is more commonly utilized to refer to sales on auction websites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An online store evokes the genuine physical example of shopping products or services in a retail”shop” or shopping center; the action of shopping here is known as consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies or between users and support suppliers (like hotels, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this stage, both the customers and the companies have entered into a contractual relationship called a transactional arrangement or deal. In simple terms, when a consumer chooses to purchase a product or service from the vendor, the company owner must provide the purchased item to the consumer by a particular date or within a specified time period. If the company can’t deliver the item on the agreed date, or if the customer insists on getting the product, the online shopping site provides a mechanism for your exchange or refund.
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Real-time internet shopping technology uses sophisticated electronic systems which allow the secure transmission of information along with the transfer of payments in real time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers love greater control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.