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Many people use the word”online shopping” to refer to any sort of online transaction between a sale online, however it is more commonly used 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 illustration of shopping products or services at a retail”shop” or shopping center; the action of shopping here is known as consumer-to-customer (C2C). In internet shopping sites, online purchases are made between customers and businesses between users and service providers (like 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 vendor, the company owner has to deliver the purchased item to the consumer by a particular date or within a predetermined time period. If the company cannot deliver the product on the agreed date, or if the consumer insists on obtaining the product, the online shopping website provides a mechanism for your refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems which 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 enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions anytime they want to do so.