Best DESIGNER MUGAugust 24, 2021
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Many men and women use the word”online shopping” to refer to any sort of internet transaction involving a sale on the internet, however it is more commonly used to refer to earnings on auction sites such as eBay or internet shopping portals. “Internet store”, on the other hand, redirects here. An online store evokes the actual physical example of shopping products or services in a retail”store” 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 or between users and support providers (such as hotels, cab services, etc..)
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Most online shopping transactions involve consumers interacting with businesses through their computers. At this phase, both the consumers and the businesses have entered into a contractual relationship called a transactional arrangement or agreement. In simple terms, when a consumer chooses to purchase a service or product from the seller, the business owner has to provide the purchased item to the consumer by a certain date or within a specified time period. If the company can’t deliver the item on the agreed date, or when the consumer insists on obtaining the product, the online shopping site provides a mechanism for the exchange or refund.
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Real-time internet shopping technology uses sophisticated electronic systems which allow the secure transmission of data along with the transfer of obligations in real time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy better control over their online shopping experience, since they can make changes or cancel transactions whenever they wish to do so.