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A lot of men and women use the word”online shopping” to reference any type of online transaction involving a sale on the internet, however it is more commonly used to refer to sales on auction sites such as eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of shopping products or services in a retail”shop” or shopping centre; the action of shopping here is known as consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and businesses between users and support providers (like hotels, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this phase, both the customers and the companies have entered into a contractual relationship called a hierarchical arrangement or deal. In simple terms, when a consumer chooses to obtain a service or product from the seller, the business owner must deliver the purchased item to the customer by a particular date or within a predetermined period of time. If the business can’t deliver the product on the agreed date, or when the customer insists on getting the item, the online shopping site provides a mechanism for your exchange or refund.
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Real-time online shopping technology makes use of 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 up sales. Consumers enjoy greater control over their online shopping experience, as they can make changes or cancel transactions whenever they want to do so.