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Many men and women use the word”online shopping” to reference any sort of internet transaction between a sale on the internet, but it is more commonly used to refer to sales on auction sites like eBay or online shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the actual physical illustration of purchasing products or services at a retail”store” or shopping centre; the action 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 support providers (like hotels, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with companies through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship called a transactional arrangement or deal. Basically, when a consumer chooses to obtain a product or service from the seller, the company owner must deliver the purchased item to the customer by a particular date or within a specified time period. If the business cannot deliver the item on the agreed date, or when the consumer insists on getting the item, the online shopping site provides a mechanism for the refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems that enable the secure transmission of information along with the transfer of payments in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their online shopping experience, since they can make changes or cancel transactions whenever they want to do so.