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A lot of men and women use the word”online shopping” to refer to any sort of online transaction between a sale on the internet, however it is more commonly utilized to refer to sales on auction websites like eBay or online shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the genuine physical illustration of purchasing products or services at a retail”shop” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and companies between users and service suppliers (such as resorts, 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 known as a transactional arrangement or deal. In simple terms, when a consumer chooses to purchase a product or service from the vendor, the business owner has to deliver the purchased item to the consumer by a particular date or within a specified period of time. If the company cannot deliver the product on the agreed date, or if the customer insists on obtaining the item, the online shopping site provides a mechanism for the refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems which enable the secure transmission of data along with the transfer of payments in real time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers love greater control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.