I m new to Ebay What Scams Are Out There
Below is a MRR and PLR article in category Internet Business -> subcategory Auctions.
I'm New to eBay: What Scams Should I Watch Out For?
Summary
As someone interested in eBay trading, I've decided to explore potential scams. Being familiar with the internet, I'm aware it's important to stay informed about the positives and the pitfalls of any online venture. Having seen various sides, it's wise to proceed with cautious optimism.
Common eBay Scams
Wholesale List Scam
This scam involves sellers offering a photo of a product, like a computer monitor or DVD player, making buyers think they're purchasing the actual item. Instead, buyers receive a wholesale list. This "bait and switch" tactic preys on those who may be in a hurry or struggling with language barriers. Always read listings carefully before purchasing.
Note:
Wholesale List scams often target items like monitors, laptops, camcorders, DVD players, flat screens, and MP3 players.Fake Money Orders
In this scam, the buyer sends a counterfeit money order or bad check, and the seller ships the item before realizing the payment was fake. The seller loses both the item and money.
Credit Card Chargebacks
Buyers may use a credit card via PayPal and, after receiving the item, initiate a chargeback. Without proof of shipment, sellers lose the item, the money, and face a chargeback fee. Protect yourself by using UPS or certified mail to send items.
Fake Escrow Scam
Scammers may request to use an escrow service to add buyer protection. They propose using an escrow service they've supposedly used before, which is actually a front they control.
Email eBay Scam
These scams involve emails claiming to be from eBay, stating your account has been compromised. Never click links in these emails. Instead, manually type eBay's web address into a new browser session to verify your account.
Other Email Scams:
These may include fake payment notifications that appear authentic. Always verify payment reception through your eBay account before shipping items.Conclusion
Entering any new business venture requires thorough research to be aware of potential challenges. The internet is full of opportunities and risks. Staying informed can prevent losses and keep your eBay business on a successful path.
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