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Many people use the term”online shopping” to refer to any type of online transaction involving a sale online, however it is more commonly used to refer to sales on auction websites such as eBay or online shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the genuine physical example of purchasing items or services in a retail”store” or shopping center; the act of purchasing here is known as consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies or between users and service providers (like resorts, cab services, etc..)
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Most online shopping arrangements involve consumers interacting with companies through their computers. At this phase, both the consumers and the businesses have entered into a contractual relationship known as a transactional arrangement or agreement. Basically, when a consumer chooses to obtain a service or product from the seller, the business owner must provide the purchased item to the consumer by a particular date or within a specified time period. If the company cannot deliver the product on the agreed date, or when the customer insists on getting the item, the online shopping website provides a mechanism for your exchange or refund.
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Real-time online shopping technology uses sophisticated electronic systems that allow the secure transmission of data and the transfer of obligations in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions anytime they wish to do so.