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A lot of people use the word”online shopping” to refer to any type of online transaction involving a sale on the internet, but it is more commonly utilized to refer to sales on auction sites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the actual physical illustration of purchasing items or services at a retail”store” or shopping center; the action of purchasing here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and companies or between users and support providers (like hotels, taxi services, etc..)
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Most online shopping arrangements demand consumers interacting with businesses through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship called a hierarchical arrangement or deal. Basically, when a consumer chooses to obtain a service or product from the seller, the company owner must provide the purchased item to the consumer by a particular date or within a predetermined time period. If the company can’t deliver the product on the agreed date, or when the consumer insists on obtaining the product, the online shopping website provides a mechanism for your refund or exchange.
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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 obligations in real time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their online shopping experience, since they can make changes or cancel transactions anytime they want to do so.