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Many men and women use the word”online shopping” to reference any type of internet transaction between a sale online, but it is more commonly used to refer to sales on auction websites like eBay or online shopping portals. “Web store”, on the other hand, redirects here. An internet store evokes the actual physical example of purchasing products or services at a retail”shop” or shopping center; the action of shopping here is known as consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses or between users and support suppliers (like resorts, 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 businesses have entered into a contractual relationship called a hierarchical arrangement or deal. Basically, when a consumer chooses to obtain a service or product from the seller, the company owner must provide the purchased item to the consumer by a particular date or within a predetermined period of time. If the company can’t deliver the item on the agreed date, or if the consumer insists on getting the product, the online shopping website provides a mechanism for the exchange or refund.
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Real-time online shopping technology makes use of sophisticated electronic systems which enable the secure transmission of information and the transfer of obligations in real-time. This technology makes e-commerce more suitable for customers, thereby increasing customer satisfaction and driving sales. Consumers enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.