In the 21st century, internet marketing and online trading has become a system used by millions of citizens around the globe. The system now allows businesses and locals to make quick sales and purchases, which becomes very convenient for buyers and sellers. These days it is very easy to find what you want with a simple click on the internet, however, simplicity is a double edged sword as it is also very easy to have your money stolen with a simply click. Here are a few tips to save your penny and avoid loosing your valuable goods.
Avoid giving out personal details
This may seem obvious but it is still not uncommon that people mindlessly enter their credit card details on an online trading website without doing research first. Always research online to find reviews of the sales website you are going to purchase from and it is wise to read more than one review. Local classified ads and community sites such as Craigslist and Gumtree have an excellent method for locals to advertise their sales to their community. However, the authenticities of the seller on these sites are up to your judgment calls. A few tips below will suggest some methods to avoid shady buyers and sellers.
Hiding their identity
If they do not give you any form of contact details such as their mobile number, then do not proceed because if they were serious, they would also want to know who you are through contacting them. On a side note, do not confuse personal information with identity. Personal information should strictly be kept to yourself, such as credit card details, driver license number and passport number. The only information that is needed for contacting the trader is your phone number, email and details for any form of payment transfer.
Not willing to meet in person
It is better to meet the trader in person if you both live in the same area, as this shows commitments on both sides. If they offer to have someone to do their trading for them, do not bother with the trader unless cash is traded on the spot, because they may be hiding their identity. Online transfer websites are always in favor of the buyer, so as a seller, once you give your goods away and their payment is pending through PayPal, they can easily withdraw their payment by making a case saying the goods was not what they expected. This is why meeting them in person is always the safer bet. If the travel distance is too far, make sure the buyer asks a few legitimate questions about delivering the goods or contact them through other means rather than just through email.
Making the deal too quick
If they seem too eager to buy the item or make a quick sale then it’s definitely going to smell fishy. It is not uncommon for community traders to haggle the price because you probably are not the only person selling that item. Also watch out for buyers who do not question the specifics of your item such as its condition, liability, production date etc. This shows that the buyer isn’t that interested in the goods. The buyer will always want to know if the condition of the goods is up to their expectations, so if the buyer refuses to see the item himself then obviously they don’t care about the item.
Grammatical errors and other loop holes
Watch out for simple grammatical errors when you make contact via email. Sometimes they are international ‘buyers’ and ‘sellers’ and the only way to receive successfully take your money is through online transfers. You would be surprised at how many scammers are out there who are willing to find all the loops holes in the online trading industry and use it to their advantage.
So there you have it, if it’s a sales website, make sure you do your research and if it’s a community ads and local advertising websites it’s better to meet the trader in person to avoid any online confusions and scams. Community ads and local advertising sites are a fantastic way to save time and money but always tread carefully to make sure your trades are legitimate.