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Many people use the word”online shopping” to reference any type of internet transaction between a sale online, but it is more commonly used to refer to sales on auction sites such as eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical illustration of purchasing products or services at a retail”store” or shopping center; the action of shopping here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and companies or between users and service suppliers (such as hotels, cab services, etc..)
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Most online shopping transactions involve consumers interacting with businesses through their computers. At this phase, both the consumers and the companies have entered into a contractual relationship called a hierarchical arrangement or agreement. Basically, when a consumer chooses to obtain a product or service from the vendor, the business owner must deliver the purchased item to the customer by a particular date or within a predetermined time period. If the business can’t deliver the product on the agreed date, or when the consumer insists on obtaining the item, the online shopping site provides a mechanism for your exchange or refund.
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Real-time internet shopping technology uses sophisticated electronic systems which enable the secure transmission of information and the transfer of payments 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 online shopping experience, since they can make changes or cancel transactions anytime they wish to do so.