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Many people use the term”online shopping” to reference any type of internet transaction between a sale online, however it is more commonly used to refer to earnings on auction websites such as eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An internet store evokes the genuine physical illustration of shopping items or services in a retail”shop” or shopping centre; the action of purchasing here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses between users and support providers (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 businesses have entered into a contractual relationship called a transactional arrangement or agreement. In simple terms, when a consumer chooses to purchase a service or product from the seller, the business owner has to provide the purchased item to the consumer by a certain date or within a specified time period. If the business can’t deliver the product on the agreed date, or if the consumer insists on obtaining the product, the online shopping website provides a mechanism for the refund or exchange.
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Real-time internet shopping technology uses sophisticated electronic systems which enable the secure transmission of data and the transfer of obligations in real time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.