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A lot of men and women use the term”online shopping” to refer to any type of internet transaction involving a sale online, however it is more commonly used to refer to sales on auction sites such as eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the genuine physical illustration of shopping items or services in a retail”shop” or shopping center; the act of shopping here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between consumers and businesses or between users and service providers (such as hotels, cab services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this phase, both the consumers and the businesses have entered into a contractual relationship called a transactional arrangement or agreement. Basically, when a consumer chooses to purchase a service or product from the seller, the company owner has to provide the purchased item to the consumer by a particular date or within a specified period of time. If the company can’t deliver the product on the agreed date, or if the consumer insists on getting the product, 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 that enable the secure transmission of information and the transfer of obligations in real time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving sales. Consumers enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions anytime they want to do so.