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Many people use the term”online shopping” to reference any type of internet transaction involving a sale on the internet, however it is more commonly utilized to refer to earnings on auction websites like eBay or internet 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 act of shopping here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and businesses or between users and support providers (such as hotels, taxi 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 businesses have entered into a contractual relationship known as a hierarchical arrangement or deal. Basically, when a consumer chooses to obtain a service or product from the seller, the business owner has to provide the purchased item to the customer by a certain date or within a specified time period. If the company cannot deliver the item on the agreed date, or when the consumer 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 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 better control over their internet shopping experience, since they can make changes or cancel transactions whenever they want to do so.