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A lot of people use the word”online shopping” to refer to any sort of internet transaction between a sale on the internet, but it is more commonly utilized to refer to earnings on auction sites like eBay or online shopping portals. “Web store”, on the flip side, redirects here. An internet store evokes the actual physical illustration of shopping items or services in a retail”shop” or shopping centre; the action of purchasing here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and businesses or between users and service providers (like resorts, taxi services, etc..)
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Most online shopping transactions involve consumers interacting with businesses through their computers. At this phase, both the customers and the companies have entered into a contractual relationship known as a transactional arrangement or deal. In simple terms, when a consumer chooses to obtain a service or product from the vendor, the business owner has to deliver the purchased item to the customer by a particular date or within a specified period of time. If the business can’t deliver the item on the agreed date, or when the customer insists on getting the product, the online shopping website provides a mechanism for your exchange or refund.
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Real-time online shopping technology makes use of sophisticated electronic systems that enable the secure transmission of information and the transfer of payments 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 internet shopping experience, since they can make changes or cancel transactions whenever they want to do so.