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A lot of people use the term”online shopping” to reference any type of internet transaction involving a sale online, but it is more commonly utilized to refer to sales on auction websites like eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the genuine physical example of purchasing products or services at a retail”store” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and companies between users and service providers (such as resorts, taxi services, etc..)
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Most online shopping arrangements demand consumers interacting with companies through their computers. At this phase, both the customers and the companies have entered into a contractual relationship called a transactional arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the seller, the business owner must deliver the purchased item to the customer by a particular date or within a specified period of time. If the company cannot deliver the product on the agreed date, or when the customer 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 makes use of sophisticated electronic systems which allow the secure transmission of data and the transfer of payments in real-time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving up sales. Consumers love greater control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.