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Many people use the word”online shopping” to reference any type of internet transaction involving a sale online, but it is more commonly used to refer to sales on auction sites such as eBay or online shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the actual physical illustration of shopping products or services in a retail”shop” or shopping center; the act of purchasing here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and companies between users and service suppliers (like resorts, cab services, etc..)
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Most online shopping arrangements 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. Basically, when a consumer chooses to purchase a service or product from the seller, the company owner has to deliver the purchased item to the customer by a particular date or within a predetermined period of time. If the company can’t deliver the item on the agreed date, or when the consumer insists on getting the item, the online shopping website provides a mechanism for your refund or exchange.
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Real-time online shopping technology uses sophisticated electronic systems which enable the secure transmission of information and the transfer of obligations in real time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy better control over their online shopping experience, since they can make changes or cancel transactions whenever they want to do so.