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A lot of people use the term”online shopping” to refer to any sort of internet transaction between a sale on the internet, but it is more commonly used to refer to sales on auction websites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An online store evokes the actual physical example of shopping items or services in a retail”shop” or shopping centre; the act of purchasing here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and businesses or between users and service suppliers (such as resorts, cab 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 known as a hierarchical arrangement or deal. In simple terms, when a consumer chooses to obtain a product or service from the seller, the business owner has to provide the purchased item to the consumer by a certain date or within a predetermined time period. If the company cannot deliver the item on the agreed date, or when the customer insists on getting the item, the online shopping site provides a mechanism for the exchange or refund.
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Real-time internet shopping technology uses sophisticated electronic systems that enable the secure transmission of data along with 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 better control over their internet shopping experience, as they can make changes or cancel transactions whenever they want to do so.