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A lot of men and women use the term”online shopping” to refer to any sort of internet transaction involving a sale online, but it is more commonly used to refer to sales on auction sites such as eBay or online shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the genuine physical example of purchasing products or services at a retail”shop” or shopping center; the act of shopping here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and businesses or between users and support suppliers (like hotels, cab services, etc..)
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Most online shopping transactions 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. Basically, when a consumer chooses to obtain a service or product from the vendor, the business owner must provide the purchased item to the consumer by a certain date or within a predetermined period of time. If the business cannot deliver the item on the agreed date, or when the customer insists on getting the product, the online shopping site provides a mechanism for your refund or exchange.
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Real-time internet shopping technology makes use of sophisticated electronic systems which enable the secure transmission of data and the transfer of payments in real-time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy better control over their online shopping experience, since they can make changes or cancel transactions whenever they want to do so.