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A lot of people use the word”online shopping” to refer to any sort of internet transaction involving a sale online, however it is more commonly used to refer to earnings on auction sites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the actual physical illustration of shopping products or services in a retail”store” or shopping center; the action of shopping here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and companies or between users and service providers (like resorts, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this phase, both the customers and the companies have entered into a contractual relationship called a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to purchase a service or product from the vendor, the business owner must provide the purchased item to the customer by a certain date or within a specified period of time. If the company cannot deliver the item on the agreed date, or when the consumer insists on getting 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 that allow the secure transmission of information along with the transfer of obligations in real time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their online shopping experience, as they can make changes or cancel transactions anytime they want to do so.