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Many men and women use the term”online shopping” to refer to any type of internet transaction involving a sale on the internet, however it is more commonly utilized to refer to sales on auction websites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of purchasing items or services at a retail”store” or shopping centre; 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 service providers (like hotels, cab services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this stage, both the consumers and the companies have entered into a contractual relationship known as a transactional arrangement or deal. Basically, when a consumer chooses to purchase a product or service from the vendor, the business owner has to deliver the purchased item to the consumer by a particular date or within a specified time period. If the company cannot deliver the product on the agreed date, or when the customer insists on obtaining the item, the online shopping website 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 along with the transfer of obligations in real-time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.