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Many people use the term”online shopping” to reference any sort of online transaction between a sale on the internet, but it is more commonly utilized to refer to sales on auction sites like eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the genuine physical example of shopping products or services at a retail”shop” or shopping centre; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and companies between users and service providers (like hotels, taxi 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 called a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the business owner has to deliver the purchased item to the consumer by a particular date or within a specified period of time. If the company can’t deliver the item on the agreed date, or when the consumer insists on obtaining the item, the online shopping site provides a mechanism for your exchange or refund.
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Real-time internet shopping technology uses sophisticated electronic systems that enable the secure transmission of data along with 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 love greater control over their internet shopping experience, since they can make changes or cancel transactions anytime they want to do so.