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Many men and women use the word”online shopping” to refer to any sort of online transaction between a sale online, however it is more commonly used to refer to earnings on auction websites such as eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An internet store evokes the genuine physical example of shopping products or services at a retail”store” or shopping centre; the action of purchasing here is known as consumer-to-customer (C2C). In internet shopping sites, online purchases are made between consumers and businesses between users and service suppliers (such as resorts, taxi services, etc..)
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Most online shopping arrangements 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 agreement. Basically, when a consumer chooses to obtain a service or product from the vendor, the business owner has to deliver the purchased item to the consumer by a particular date or within a predetermined time period. If the company cannot deliver the product on the agreed date, or if the customer insists on obtaining 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 which allow the secure transmission of information along with the transfer of obligations in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions anytime they wish to do so.