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A lot of men and women use the word”online shopping” to reference any type of internet transaction involving a sale online, but it is more commonly utilized to refer to sales on auction sites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of shopping items or services at a retail”store” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and companies or between users and service providers (like hotels, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this stage, both the consumers and the businesses have entered into a contractual relationship known as a hierarchical arrangement or agreement. Basically, when a consumer chooses to obtain a product or service from the seller, the business owner has to deliver the purchased item to the customer by a certain date or within a predetermined period of time. If the company can’t deliver the item on the agreed date, or if the customer insists on getting the product, the online shopping website provides a mechanism for the exchange or refund.
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Real-time online shopping technology uses sophisticated electronic systems which enable the secure transmission of information and the transfer of payments in real-time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their online shopping experience, since they can make changes or cancel transactions whenever they wish to do so.