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Many men and women use the term”online shopping” to reference any type of internet transaction between a sale online, however it is more commonly used to refer to earnings on auction sites like eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the genuine physical illustration of purchasing items or services in a retail”shop” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In internet shopping sites, online purchases are made between customers and businesses between users and support suppliers (like hotels, taxi 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 companies have entered into a contractual relationship called 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 provide the purchased item to the customer by a particular date or within a predetermined period of time. If the company cannot deliver the item on the agreed date, or if the consumer insists on obtaining the product, the online shopping site provides a mechanism for the refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems that allow the secure transmission of data and the transfer of payments in real-time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving up sales. Consumers love better control over their online shopping experience, since they can make changes or cancel transactions whenever they want to do so.