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Many men and women use the word”online shopping” to reference any type of internet transaction between a sale online, however it is more commonly utilized to refer to earnings on auction websites such as eBay or online shopping portals. “Internet store”, on the flip side, redirects here. An internet store evokes the actual physical example of shopping products or services in a retail”store” or shopping center; the action of purchasing here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between customers and businesses between users and service suppliers (like hotels, taxi services, etc..)
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Most online shopping arrangements involve consumers interacting with companies through their computers. At this phase, both the customers and the businesses have entered into a contractual relationship called a transactional arrangement or agreement. In simple terms, when a consumer chooses to obtain a product or service from the seller, the business owner has to provide the purchased item to the customer by a particular date or within a predetermined period of time. If the company can’t deliver the product on the agreed date, or if the consumer insists on getting the item, the online shopping website provides a mechanism for the exchange or refund.
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Real-time internet shopping technology uses sophisticated electronic systems that enable the secure transmission of information and the transfer of payments in real-time. This technology makes e-commerce more suitable 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 wish to do so.