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A lot of men and women use the term”online shopping” to refer to any type of online transaction between a sale on the internet, but it is more commonly used to refer to sales on auction sites such as eBay or internet shopping portals. “Internet store”, on the flip side, redirects here. An online store evokes the actual physical example of purchasing items or services at a retail”store” or shopping centre; the action of shopping here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and businesses or between users and support providers (such as resorts, taxi services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this stage, both the consumers and the companies have entered into a contractual relationship called a transactional arrangement or agreement. Basically, when a consumer chooses to obtain a product or service from the vendor, the company owner has to deliver the purchased item to the consumer by a certain date or within a specified period of time. If the company can’t deliver the product on the agreed date, or if the consumer insists on obtaining 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 consumers, thereby increasing customer satisfaction and driving sales. Consumers love greater control over their online shopping experience, since they can make changes or cancel transactions anytime they want to do so.