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A lot of men and women use the term”online shopping” to refer to any sort of online transaction involving a sale on the internet, however it is more commonly used to refer to earnings on auction sites such as eBay or online shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the actual physical illustration of purchasing items or services in a retail”shop” or shopping centre; the action of shopping here is known as consumer-to-customer (C2C). In internet shopping sites, online purchases are made between customers and companies or between users and support suppliers (such as hotels, taxi services, etc..)
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Most online shopping transactions demand consumers interacting with businesses through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship known as a hierarchical arrangement or agreement. In simple terms, when a consumer chooses to purchase a product or service from the seller, the company owner has to provide the purchased item to the consumer by a certain date or within a specified time period. If the business can’t deliver the item on the agreed date, or if the customer insists on obtaining the item, 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 that enable the secure transmission of data along with the transfer of payments in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving up sales. Consumers love better control over their internet shopping experience, since they can make changes or cancel transactions whenever they wish to do so.