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Familiar eBay Scams to be on the Lookout For
Are you looking to start buying on eBay? If you have never used eBay before, you may not necessarily know that it is relatively easy to fall victim to an eBay scam. While eBay is considered a safe place to shop online, there are a number of eBay scams that you should be on the lookout for. Knowing what these scams are, before you start shopping on eBay, will help to reduce or completely eliminate your chances of becoming a victim.
Before we start to examine some of the most familiar eBay scams that you should be on the lookout for, it is important to mention why those scams exist. eBay is considered an online market place or an online auction website. Just about anyone with an internet connection and an eBay account can start eBay sale auctions. This is what makes it possible for scammers to trap innocent shoppers like you. While eBay does work to combat these scams and eliminate the individuals behind them, there are some people who slip through the cracks. That is why you will always want to be on the lookout for eBay scams.
Speaking of familiar scams to be on the lookout for, one of the most common scams involves selling a product that the seller actually doesn’t have. This type of scam is sometimes difficult to spot, but there are signs that you should look for. When posting an eBay auction, an eBay seller should have pictures of the item or items that they are selling or at least accurate descriptions. With some items, such as books, CDs, or movies, eBay sellers are given the option of using a stock photo; one that is provided by eBay. All other items should have a genuine photo, taken by the seller. If not, you may want to refrain from making the purchase, as it may mean that the seller isn’t even in possession of the item or items that they are trying to sell you.
In addition to selling items that they don’t even have available, another familiar eBay scam involves lying about the items that they do have. For instance, there are some eBay sellers, although a small number of them, who claim that they have an item, like a car radio, which is in brand new condition, but it isn’t always. It is not uncommon for some eBay seller to outright lie or strength the truth a little bit. Unless you have a watchful eye, you may not find out until it is too late. That is why it is advised that you not only purchase items from eBay that are accompanied by pictures, but that you also examine those pictures. You will want to try and see if something really does look new or if it is in “like new,” condition.
Another familiar eBay scam that you will want to look for involves those who want your personal information. This type of scam is implemented in two different ways. First, there are a small number of sellers who tell you that they need your credit card information, but they shouldn’t. Whether you pay by PayPal, personal check, or money order, you shouldn’t give out any personal information to any eBay sellers, even if you are buying an item from them. If you are not using PayPal, just send a check or money order to the address given to you, nothing else needs to be done.
The second eBay scam that involves trying to get your personal information is phishing. Phishing scams are increasing in popularity, making it easier to fall victim to one. With phishing scams, a scammer sends out an email that looks like it is from eBay. The email is often accompanied with a message stating that something is wrong with your account and that you need to click on the attached link, sign in and fix it. This is a scam. What they are trying to do is get your eBay account information. Once that has been done, they may have access to stored personal account numbers, as well as the ability to use your eBay account to make fraudulent purchases.
The above mentioned eBay scams are just a few of the most common ones that you may run across. Although there are those on eBay who are trying to scam or take advantage of you, the chances of falling victim to a scam on eBay are actually quite low, as long as you proceed with caution.
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Find Top Selling Items on Ebay
Choosing what products to sell on eBay is one of the major decisions you will need to make. With more than 20,000 categories and sub-categories, your options are almost immeasurable.
Almost all eBay marketers caught “the eBay bug” the same way. First, they began hawking a scattering of items out of the garage to produce some additional income. After awhile, when they realized what a snap it was to convert “dust collectors” into cold hard cash in only a few days, they began selling nearly anything that wasn’t nailed down.
This works great for awhile. Selling unused items out of your garage, or treasures that you find at estate sales is good experience and can help you to pick up the basics of the eBay auction business. Still, you may never make any significant money by selling these kinds of “one off” items.
The key to making huge amounts of cash on eBay is to market “cookie cutter” articles which can be resold over and over again. Your aim ought to be to discover products that will sell fast and for a substantial gain. You also want to locate products which can be sold in large quantities.
As soon as you discover the top selling items on eBay which bring in bids like bears to honey, the only thing you need to do is relist the articles each time you sell one. I like to refer to these as “cookie cutter” products. You just have to do the work of putting in place the eBay auction once. Then, you only have to click a single button to relist the item and continue selling it again and again the same way. Walmart, McDonald’s, Macy’s and eBay Power Sellers all use this method.
Consumable products are sometimes the most lucrative income generators of all. Following the initial sale, the item will be used up and your customer will have to buy it again. With time, you can build a consistent customer base that will buy from you again and again, producing an ongoing revenue stream.
Uncovering top selling items to sell on eBay is like going fishing. If you hope to land a boatload of fish, you must first discover where the fish are hiding and what they are biting. If you fish in a pond with no fish, or if you use unappetizing bait, you’ll never catch any fish. The trick to catching all the fish you need is to cast the right bait into a creek full of ravenous fish.
Likewise, you will never figure out the way to become financially free using eBay if you are attempting to market a product that is in low demand to a very small group of customers. If you desire to make a truckload of cash on eBay, the trick is to find a product that is in high demand and put it up for auction in the best category.
Scott Douglas is the author and creator of Auction
Autopilot, where you can get a free eBay insider report that will show you
what sells on eBay. Get it now at:
–> http://www.AuctionAutopilot.com
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