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A lot of men and women use the term”online shopping” to reference any type of online transaction involving a sale on the internet, however it is more commonly used to refer to sales on auction websites like eBay or online shopping portals. “Internet 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 centre; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and businesses or between users and support providers (such as resorts, 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 seller, the company owner has to deliver the purchased item to the consumer by a certain date or within a specified time period. If the business can’t deliver the item on the agreed date, or if the consumer insists on getting the product, the online shopping website provides a mechanism for the refund or exchange.
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Real-time internet shopping technology makes use of sophisticated electronic systems that 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 love better control over their online shopping experience, as they can make changes or cancel transactions whenever they want to do so.