I will show you how to avoid scams online as well as rip-offs.
I have seen a lot of scammy programs and worthless products online during the last 20 years or so. I have wasted time and, fortunately, only a little money buying bogus products. Unfortunately, many people have fallen for scams like the MOBE work from home training scam and lost thousands, if not more.
I learned the warning signs. Here they are for you.
9 Scam Warning Signs
- 1If they do not accept PayPal for payment, there is a chance they are not a legitimate program. PayPal is a major online payment processor. PayPal has very strict guidelines related to multi-level and network marketing companies. If there is a hint that a company is a scam, PayPal will not approve payment. Don’t accept any excuses from a company representative as to why they don’t use PayPal. Of course, many merchants use the services of credit card processors to take payment via credit card. Using cryptocurrencies like bitcoin is becoming more popular. But there are scams associated with cryptocurrencies as well.
- 2If the price is too good to be true, then be careful. Many scammers lure people into making purchases with extremely low prices for expensive products. High-end electronics are a good example. But the scammers have no intent to deliver the product. Also, scammers frequently sell bogus name brand products. Amazon recently sued several Amazon third-party sellers for selling fake products.
- 3If there are pictures of money, expensive cars and homes (ostentatious display of wealth), it is most likely a scam. The intent of the pictures is to create an aura of success and credibility.
- 4If the sales page offers an endless stream of free bonuses usually with inflated estimates of value, the product being sold is probably worthless. If a product is that good, there is no reason to offer a bunch of bonuses. However, legitimate marketers may make offers as incentives to buy such as Buy One, Get One (BOGO) free or for the cost of shipping.
- 5If the program promotes a get-rich-quick program where no work is involved (they do it for you), run fast and far away as possible. If there is no work involved on your part, why do they need you? They don’t. They just want your money.
- 6If there is a extremely low cost of entry, there is a high probability that there are big “upsell” costs lurking behind the initial cost. $7 and $17 appear to be popular price points for these scammy programs or products.
- 7If the sales page is either anonymous or has a “talking head” guru, it is probably a scam. Scammers tend to hide behind anonymity to avoid contact with potential victims. There are some successful business people who personally promote their own products because there is a demand for them. There are also the so-called gurus who are hired to promote someone else’s product. These are the ones to be cautious.
- 8If the product is marketed at a low cost, has a long guarantee period and is marketed through one of the affiliate networks, be careful as the product may be of questionable value. I, personally, have had more problems getting refunds from sellers who use JVZoo to market their products than Commission Junction, ClickBank and some others. Don’t get me wrong, I have had great success with some JVZoo affiliates.
- 9And, finally, the video or PowerPoint Presentation only website may be a scam or promotion for a worthless product. These are the sales pitches “by the number” used by either incompetent marketers or scams. The intent is to create curiosity, interest and desire on part of the viewer to watch until the end to make a purchase. Some of these “presentations” can run 30 minutes before you know what the product is. Not to pick on Facebook, but a number of advertisements for health products show actors pretending to be doctors. The actors are dressed in white lab coats and have stethoscopes around their necks. The idea is to display a sense of authority and expertise.
I hope this helps and saves you the frustration and cost of being scammed.
Military active duty and veterans are targets of scammers as well. Back in the day, there seemed to be hustlers outside of bases and posts waiting for their next victim. Read more here.
Please share your experiences with other readers by commenting below or sharing on social media.