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Many people use the term”online shopping” to refer to any type of online transaction between a sale online, however it is more commonly utilized to refer to sales on auction sites like eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the genuine physical example of purchasing items or services in a retail”shop” or shopping centre; the action 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 suppliers (like resorts, cab services, etc..)
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Most online shopping arrangements demand consumers interacting with companies through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship known as a transactional arrangement or deal. Basically, when a consumer chooses to purchase a service or product from the seller, the company owner has to deliver the purchased item to the consumer by a certain date or within a specified time period. If the company cannot deliver the product on the agreed date, or when the customer insists on obtaining the item, the online shopping site provides a mechanism for your exchange or refund.
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Real-time internet shopping technology makes use of sophisticated electronic systems which enable the secure transmission of data along with the transfer of obligations in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.