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A lot of people use the term”online shopping” to refer to any sort of online transaction between a sale on the internet, however it is more commonly used to refer to earnings on auction sites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the actual physical example of shopping products or services at a retail”store” or shopping center; the action of shopping here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses between users and service providers (such as hotels, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this phase, 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 business owner has to provide the purchased item to the customer by a certain date or within a predetermined time period. If the company cannot deliver the product on the agreed date, or when the customer insists on obtaining the item, the online shopping site provides a mechanism for the refund or exchange.
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Real-time internet shopping technology uses 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 customers, thereby increasing customer satisfaction and driving up sales. Consumers love better control over their online shopping experience, as they can make changes or cancel transactions whenever they want to do so.