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A lot of people use the term”online shopping” to refer to any sort of online transaction between a sale on the internet, but it is more commonly used to refer to earnings on auction sites such as eBay or online shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the actual physical illustration of purchasing products or services in a retail”store” or shopping center; the action of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and businesses between users and service providers (such as resorts, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this stage, both the customers and the companies have entered into a contractual relationship known as a transactional arrangement or deal. Basically, when a consumer chooses to purchase a service or product from the vendor, the business owner has to deliver the purchased item to the consumer by a certain date or within a predetermined period of time. If the company can’t deliver the product on the agreed date, or if the consumer insists on getting the item, 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 which allow the secure transmission of data and the transfer of payments in real-time. This technology makes e-commerce more suitable for consumers, 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 want to do so.