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A lot of men and women use the term”online shopping” to refer to any type 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 genuine physical illustration of shopping items or services in a retail”shop” or shopping center; the action of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and businesses or between users and support providers (like hotels, cab services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship known as a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to purchase a service or product from the seller, the company owner has to deliver the purchased item to the consumer by a certain date or within a predetermined time period. If the company cannot deliver the item on the agreed date, or if the customer insists on getting the item, the online shopping website provides a mechanism for the refund or exchange.
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Real-time online shopping technology makes use of 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 greater control over their online shopping experience, since they can make changes or cancel transactions anytime they want to do so.