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A lot of people use the term”online shopping” to reference any sort of internet 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. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical illustration of shopping items or services in a retail”store” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses or between users and support providers (like hotels, cab 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 transactional arrangement or agreement. In simple terms, when a consumer chooses to obtain a service or product from the vendor, the business owner must deliver the purchased item to the customer by a particular date or within a predetermined period of time. If the business cannot deliver the product on the agreed date, or when the customer insists on getting the product, the online shopping site provides a mechanism for your exchange or refund.
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Real-time online shopping technology uses sophisticated electronic systems which enable the secure transmission of data and the transfer of payments in real time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their online shopping experience, as they can make changes or cancel transactions anytime they wish to do so.