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Many people use the word”online shopping” to refer to any type of online transaction between a sale online, but it is more commonly utilized to refer to earnings on auction websites such as eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the actual physical example of purchasing items or services at a retail”shop” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and companies between users and service providers (such as resorts, cab services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship called a hierarchical arrangement or deal. In simple terms, when a consumer chooses to purchase a product or service from the seller, the company owner has to deliver the purchased item to the consumer by a certain date or within a predetermined time period. If the business cannot deliver the item on the agreed date, or if the customer insists on getting the item, 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 data along with the transfer of obligations in real time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy better control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.