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A lot of people use the term”online shopping” to reference any type of internet transaction between a sale on the internet, but it is more commonly used to refer to earnings on auction sites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the actual physical example of shopping items or services at a retail”store” or shopping centre; the act of shopping here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses between users and service suppliers (such as resorts, taxi services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this phase, both the consumers and the companies have entered into a contractual relationship known as a hierarchical arrangement or deal. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the business owner must deliver the purchased item to the customer by a particular date or within a predetermined time period. If the company can’t deliver the item on the agreed date, or when the customer insists on getting 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 allow the secure transmission of information and the transfer of payments in real time. This technology makes e-commerce more suitable 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 want to do so.