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Many men and women use the word”online shopping” to reference any type of online transaction involving a sale online, but it is more commonly used to refer to sales on auction sites like eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of shopping products or services in a retail”store” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and companies between users and support suppliers (like resorts, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this stage, 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 service or product from the seller, the company owner must provide the purchased item to the consumer by a certain date or within a predetermined period of time. If the business can’t deliver the product on the agreed date, or if the customer insists on getting the product, the online shopping site provides a mechanism for the refund or exchange.
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Real-time online shopping technology makes use of sophisticated electronic systems which allow the secure transmission of information along with the transfer of payments in real time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving sales. Consumers enjoy greater control over their online shopping experience, as they can make changes or cancel transactions anytime they wish to do so.