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Many men and women use the word”online shopping” to refer to any sort of online transaction involving a sale on the internet, but it is more commonly used to refer to sales on auction sites like eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the genuine physical example of shopping items or services at a retail”shop” or shopping center; the action of shopping here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and businesses between users and service providers (such as resorts, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this phase, both the consumers and the businesses have entered into a contractual relationship known as a transactional arrangement or deal. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the business owner must provide the purchased item to the consumer by a particular date or within a specified time period. If the business cannot deliver the item on the agreed date, or when the consumer insists on getting the product, the online shopping site provides a mechanism for the exchange or refund.
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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 suitable for customers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy greater control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.