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A lot of people use the word”online shopping” to refer to any sort of online transaction involving a sale on the internet, however it is more commonly utilized to refer to sales on auction sites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An internet store evokes the genuine physical illustration of shopping products or services in a retail”shop” or shopping centre; the act of purchasing here is called consumer-to-customer (C2C). In online shopping sites, online purchases are made between consumers and companies between users and service suppliers (like resorts, cab services, etc..)
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Most online shopping transactions demand consumers interacting with companies through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship called a hierarchical arrangement or deal. In simple terms, when a consumer chooses to obtain a product or service from the seller, the company owner has to provide the purchased item to the customer by a certain date or within a predetermined time period. If the company cannot deliver the item on the agreed date, or if the consumer insists on obtaining the item, the online shopping site provides a mechanism for your refund or exchange.
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Real-time internet shopping technology makes use of sophisticated electronic systems that allow the secure transmission of data and the transfer of obligations in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their internet shopping experience, as they can make changes or cancel transactions anytime they want to do so.