Best DESIGNER MUGJuly 25, 2021
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A lot of people use the word”online shopping” to reference any type of online transaction between a sale on the internet, but it is more commonly used to refer to sales on auction websites such as eBay or online shopping portals. “Web store”, on the flip side, redirects here. An internet store evokes the actual physical example of shopping items or services in a retail”shop” or shopping center; the action of shopping here is called consumer-to-customer (C2C). In online shopping websites, online purchases are made between customers and businesses or between users and service providers (like 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 consumers 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 deliver the purchased item to the consumer by a particular date or within a predetermined period of time. If the company can’t deliver the item on the agreed date, or if the customer insists on obtaining the product, the online shopping site provides a mechanism for the refund or exchange.
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Real-time online shopping technology makes use of sophisticated electronic systems which enable the secure transmission of data along with the transfer of obligations in real-time. This technology makes e-commerce more suitable for consumers, thereby increasing customer satisfaction and driving sales. Consumers love better control over their online shopping experience, since they can make changes or cancel transactions anytime they want to do so.