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Many men and women use the word”online shopping” to reference any sort of internet transaction between a sale online, however it is more commonly used to refer to sales on auction websites like eBay or online shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the actual physical example of shopping products or services at a retail”shop” or shopping center; the action of purchasing here is known as consumer-to-customer (C2C). In online shopping sites, online purchases are made between customers and businesses between users and service providers (like resorts, taxi services, etc..)
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Most online shopping transactions involve consumers interacting with businesses through their computers. At this phase, both the customers and the companies have entered into a contractual relationship called a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the company owner must deliver the purchased item to the customer by a particular date or within a predetermined period of time. If the business can’t deliver the product on the agreed date, or when the consumer insists on obtaining the item, the online shopping site provides a mechanism for your 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 consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy greater control over their internet shopping experience, as they can make changes or cancel transactions anytime they wish to do so.