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Many men and women use the word”online shopping” to reference any type of internet transaction between a sale on the internet, but it is more commonly utilized to refer to earnings on auction sites such as eBay or online shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the actual physical example of shopping items or services at a retail”store” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between consumers and companies or between users and service suppliers (like resorts, cab services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses 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 seller, the business owner has to deliver the purchased item to the consumer by a particular date or within a predetermined period of time. If the business cannot deliver the product on the agreed date, or if the consumer insists on obtaining the product, the online shopping site provides a mechanism for your refund or exchange.
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Real-time internet shopping technology makes use of sophisticated electronic systems that allow 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 up sales. Consumers enjoy better control over their online shopping experience, as they can make changes or cancel transactions anytime they want to do so.