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A lot of people use the term”online shopping” to reference any sort of internet transaction involving a sale on the internet, however it is more commonly utilized to refer to sales 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 illustration of purchasing products or services in a retail”store” or shopping centre; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies between users and support suppliers (such as hotels, cab services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship known as a hierarchical arrangement or agreement. Basically, when a consumer chooses to obtain a service or product from the vendor, the company owner must provide the purchased item to the consumer by a particular date or within a predetermined period of time. If the company cannot 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 internet shopping technology uses sophisticated electronic systems that allow the secure transmission of information along with the transfer of obligations in real time. This technology makes e-commerce more suitable for consumers, 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 anytime they wish to do so.