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Many men and women use the word”online shopping” to refer to any type of internet 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 online store evokes the actual physical example of shopping items or services in a retail”shop” or shopping center; the action of shopping here is known as consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies between users and support suppliers (like hotels, taxi services, etc..)
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Most online shopping transactions involve consumers interacting with companies through their computers. At this stage, both the customers and the companies have entered into a contractual relationship known as a transactional arrangement or deal. In simple terms, when a consumer chooses to obtain a product or service from the vendor, the business owner has to provide the purchased item to the consumer by a particular date or within a predetermined time period. If the company can’t deliver the item on the agreed date, or if the customer insists on obtaining the product, the online shopping website provides a mechanism for your refund or exchange.
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Real-time online shopping technology uses 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 enjoy greater control over their internet shopping experience, since they can make changes or cancel transactions anytime they wish to do so.