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A lot of men and women use the word”online shopping” to reference any type of internet transaction involving a sale on the internet, but it is more commonly used to refer to earnings on auction websites such as eBay or online shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the genuine physical illustration of shopping items or services at a retail”shop” 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 or between users and service suppliers (such as resorts, cab services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this stage, both the consumers and the companies have entered into a contractual relationship called a hierarchical arrangement or deal. Basically, when a consumer chooses to purchase a service or product from the seller, the company owner has to provide the purchased item to the customer by a particular date or within a predetermined time period. If the business can’t deliver the item on the agreed date, or if the customer insists on getting the item, 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 that allow the secure transmission of information along with the transfer of payments in real time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy better control over their internet shopping experience, since they can make changes or cancel transactions anytime they want to do so.