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A lot of people use the word”online shopping” to refer to any sort of online transaction between a sale online, however it is more commonly utilized to refer to sales on auction websites such as eBay or online shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the genuine physical example of purchasing items or services in a retail”shop” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and businesses or between users and service suppliers (such as resorts, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this stage, both the consumers and the businesses have entered into a contractual relationship known as a transactional arrangement or deal. Basically, when a consumer chooses to obtain a service or product from the vendor, the business owner has to provide the purchased item to the customer by a certain date or within a predetermined period of time. If the company cannot deliver the item on the agreed date, or if the consumer insists on getting the product, the online shopping website provides a mechanism for the exchange or refund.
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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 suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their online shopping experience, as they can make changes or cancel transactions anytime they want to do so.