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Many men and women use the term”online shopping” to refer to any sort of internet transaction involving a sale on the internet, however it is more commonly utilized to refer to sales on auction websites like eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the genuine physical illustration of shopping products or services in a retail”shop” or shopping centre; the action of shopping here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and businesses between users and service providers (like hotels, cab services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship known as a transactional arrangement or agreement. Basically, when a consumer chooses to obtain a product or service from the seller, the company owner must provide the purchased item to the customer by a particular date or within a specified period of time. If the business can’t deliver the item on the agreed date, or if the customer insists on getting the product, the online shopping website provides a mechanism for your 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 along with the transfer of payments in real-time. This technology makes e-commerce more convenient for customers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their online shopping experience, since they can make changes or cancel transactions whenever they wish to do so.