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Many people use the word”online shopping” to refer to any type of internet transaction involving a sale on the internet, however it is more commonly used to refer to sales on auction websites like eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An online store evokes the genuine physical illustration of shopping products or services at a retail”shop” or shopping centre; the action of purchasing here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and businesses or between users and support suppliers (like hotels, 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 businesses have entered into a contractual relationship called a transactional arrangement or deal. In simple terms, when a consumer chooses to purchase a product or service from the vendor, the business owner must provide the purchased item to the consumer by a particular date or within a specified period of time. If the company can’t deliver the item on the agreed date, or when the consumer insists on obtaining the product, the online shopping website provides a mechanism for your 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 obligations in real-time. This technology makes e-commerce more suitable for customers, 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 wish to do so.