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Many people use the term”online shopping” to refer to any sort of online transaction involving a sale on the internet, but it is more commonly used to refer to sales on auction websites like eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the genuine physical example of purchasing items or services at a retail”shop” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and companies between users and support suppliers (like resorts, cab services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this phase, both the consumers and the businesses have entered into a contractual relationship called a transactional arrangement or agreement. Basically, when a consumer chooses to purchase 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 time period. If the company can’t deliver the item on the agreed date, or when the consumer insists on obtaining the product, the online shopping site provides a mechanism for the refund or exchange.
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Real-time internet shopping technology uses sophisticated electronic systems which enable the secure transmission of data along with the transfer of obligations in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers love greater control over their online shopping experience, since they can make changes or cancel transactions whenever they wish to do so.