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Many people use the word”online shopping” to refer to any sort of online transaction between a sale online, however it is more commonly used to refer to earnings on auction websites like eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical example of purchasing items or services in a retail”store” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and companies or between users and service providers (like hotels, 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 called a transactional arrangement or deal. Basically, when a consumer chooses to obtain a service or product from the vendor, the company owner must deliver the purchased item to the customer by a particular date or within a predetermined period of time. If the business can’t deliver the item on the agreed date, or if the customer insists on obtaining the item, the online shopping site provides a mechanism for the exchange or refund.
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Real-time internet shopping technology uses sophisticated electronic systems which enable the secure transmission of data along with 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 greater control over their online shopping experience, as they can make changes or cancel transactions whenever they wish to do so.