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Many people use the word”online shopping” to reference any sort of online transaction involving a sale online, however it is more commonly used to refer to earnings on auction sites like eBay or online shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the genuine physical example of purchasing products or services at a retail”shop” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and companies or between users and support suppliers (like hotels, cab services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this phase, both the customers and the companies have entered into a contractual relationship known as a hierarchical arrangement or deal. In simple terms, when a consumer chooses to purchase a product or service from the vendor, the business owner has to provide the purchased item to the customer by a particular date or within a predetermined period of time. If the company cannot deliver the product on the agreed date, or if the customer insists on getting the item, the online shopping website provides a mechanism for the exchange or refund.
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Real-time internet shopping technology makes use of sophisticated electronic systems which allow 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 internet shopping experience, as they can make changes or cancel transactions whenever they wish to do so.