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A lot of men and women use the word”online shopping” to refer to any sort of online transaction between a sale on the internet, but it is more commonly utilized to refer to sales on auction websites like eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical example of shopping products or services at a retail”shop” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between consumers and companies or between users and service suppliers (such as hotels, taxi services, etc..)
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Most online shopping transactions involve 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 deal. Basically, when a consumer chooses to obtain a service or product from the vendor, the business owner must provide the purchased item to the consumer by a certain date or within a predetermined time period. If the company cannot deliver the product on the agreed date, or when the consumer insists on obtaining the product, the online shopping website provides a mechanism for the exchange or refund.
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Real-time online shopping technology uses sophisticated electronic systems that enable the secure transmission of data along with the transfer of obligations 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 anytime they wish to do so.