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Many people use the term”online shopping” to reference any sort of online transaction involving a sale on the internet, but it is more commonly utilized to refer to sales on auction websites such as eBay or internet shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the genuine physical example of shopping items or services at a retail”store” or shopping centre; the action of purchasing here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses or between users and service providers (such as hotels, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with businesses through their computers. At this stage, both the customers and the companies 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 consumer by a certain 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 obtaining the product, the online shopping site provides a mechanism for your exchange or refund.
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Real-time online shopping technology uses sophisticated electronic systems which allow the secure transmission of information and the transfer of payments in real time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their online shopping experience, as they can make changes or cancel transactions anytime they wish to do so.