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Many people use the word”online shopping” to reference any sort of internet transaction involving a sale on the internet, but it is more commonly utilized 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 actual physical example of purchasing products or services at a retail”store” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies between users and service suppliers (like hotels, taxi 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 businesses have entered into a contractual relationship known as a transactional arrangement or deal. Basically, when a consumer chooses to purchase a service or product from the seller, the business owner has to provide the purchased item to the consumer by a particular date or within a predetermined period of time. If the company can’t deliver the product on the agreed date, or if the consumer insists on getting the item, the online shopping website provides a mechanism for the refund or exchange.
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Real-time online shopping technology makes use of sophisticated electronic systems that enable the secure transmission of data and the transfer of payments 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 online shopping experience, as they can make changes or cancel transactions anytime they want to do so.