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Many people use the term”online shopping” to refer to any type of internet transaction between a sale online, but it is more commonly used to refer to sales on auction sites like eBay or online shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the genuine physical example of shopping items or services in a retail”shop” or shopping centre; the action of purchasing here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies or between users and support suppliers (like hotels, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this stage, both the customers and the companies have entered into a contractual relationship known as a transactional arrangement or deal. In simple terms, when a consumer chooses to obtain a service or product from the vendor, the company owner must provide the purchased item to the customer by a particular date or within a specified period of time. If the business can’t deliver the product on the agreed date, or when the consumer insists on getting the product, the online shopping website provides a mechanism for your refund or exchange.
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Real-time internet shopping technology makes use of 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 consumers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their online shopping experience, since they can make changes or cancel transactions whenever they wish to do so.