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Many men and women use the term”online shopping” to refer to any sort of online transaction between a sale on the internet, however it is more commonly used to refer to sales on auction websites like eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical illustration of shopping 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 businesses or between users and support suppliers (like resorts, 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 businesses have entered into a contractual relationship called a transactional arrangement or deal. Basically, when a consumer chooses to purchase a product or service from the seller, the business owner has to provide the purchased item to the consumer by a certain date or within a predetermined period of time. If the business can’t deliver the product 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 makes use of sophisticated electronic systems that allow the secure transmission of information along with the transfer of payments in real time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving sales. Consumers enjoy greater control over their online shopping experience, since they can make changes or cancel transactions whenever they want to do so.