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Many people use the term”online shopping” to refer to any sort of internet transaction involving a sale on the internet, but it is more commonly used to refer to sales on auction sites like eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An internet store evokes the actual physical example of purchasing products or services at a retail”shop” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and companies between users and service providers (such as hotels, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this phase, both the consumers and the companies 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 seller, the company owner has to deliver the purchased item to the customer by a certain date or within a specified period of time. If the business can’t deliver the item on the agreed date, or if the customer insists on getting the product, the online shopping site provides a mechanism for the exchange or refund.
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Real-time internet shopping technology makes use of 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 suitable for consumers, thereby increasing customer satisfaction and driving up sales. Consumers love greater control over their online shopping experience, as they can make changes or cancel transactions anytime they want to do so.