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Many people use the word”online shopping” to refer to any type of online transaction between a sale on the internet, but it is more commonly utilized to refer to earnings on auction sites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical illustration of purchasing products or services at a retail”shop” or shopping centre; the act of purchasing here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and businesses between users and support suppliers (like resorts, taxi services, etc..)
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Most online shopping transactions involve consumers interacting with businesses through their computers. At this stage, both the consumers and the companies have entered into a contractual relationship known as a hierarchical arrangement or deal. In simple terms, when a consumer chooses to obtain a service or product from the vendor, the business 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 product on the agreed date, or when the customer insists on obtaining the item, the online shopping website provides a mechanism for the exchange or refund.
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Real-time online shopping technology makes use of sophisticated electronic systems that enable the secure transmission of data and the transfer of payments 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 online shopping experience, as they can make changes or cancel transactions anytime they wish to do so.