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Many people use the word”online shopping” to refer to any type of online transaction between a sale on the internet, however it is more commonly utilized to refer to sales on auction websites such as eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical illustration of shopping items or services in a retail”shop” or shopping center; the act of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies between users and service providers (like hotels, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship called a transactional arrangement or deal. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the company owner has to provide the purchased item to the customer by a particular date or within a predetermined period of time. If the company can’t deliver the product on the agreed date, or if the consumer insists on getting the item, the online shopping website provides a mechanism for your exchange or refund.
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Real-time internet shopping technology makes use of sophisticated electronic systems that allow the secure transmission of data along with the transfer of obligations 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 online shopping experience, since they can make changes or cancel transactions whenever they wish to do so.