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Many people use the term”online shopping” to reference any type of internet transaction involving a sale online, but it is more commonly used to refer to earnings on auction websites like eBay or online shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the genuine physical illustration of purchasing products or services at a retail”store” 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 suppliers (such as hotels, cab 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 businesses have entered into a contractual relationship called a transactional arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the business owner has to deliver the purchased item to the consumer by a certain date or within a specified time period. If the company cannot deliver the item on the agreed date, or if the consumer insists on obtaining the product, the online shopping website provides a mechanism for the exchange or refund.
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Real-time online shopping technology makes use of sophisticated electronic systems that enable the secure transmission of data and 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 better control over their online shopping experience, as they can make changes or cancel transactions anytime they want to do so.