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A lot of people use the term”online shopping” to reference any type of online transaction involving a sale online, but it is more commonly utilized to refer to earnings on auction websites like eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An online store evokes the actual physical example of purchasing products or services in a retail”shop” or shopping center; the action of purchasing here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and companies between users and support suppliers (such as resorts, cab 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 called a transactional arrangement or agreement. Basically, when a consumer chooses to obtain a product or service from the vendor, the company owner must provide the purchased item to the consumer by a particular date or within a predetermined time period. If the company cannot deliver the item 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 online shopping technology uses sophisticated electronic systems which 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 love better control over their internet shopping experience, since they can make changes or cancel transactions anytime they wish to do so.