It doesn’t really matter if you are a consumer or a retailer who is using the reach and convenience of an online marketplace to buy or sell goods- sticking to some of the most popular online marketplaces is the safest bet.
However even in the safest of marketplaces, there have been situations where people have gotten the short end of the stick, and they had to cut their losses. We will be pointing out some of the things that you need to take care of when you are buying or selling from an online marketplace. Read on…
Don’t Be At Your Wits End
Here are some ways to make the experience on an online marketplace a memorable and secure one:
- Make Use Of Secure Electronic Payment For All Your Transactions
We cannot stress enough on this. This is where many businesses and individuals go wrong. Some of the market places may not have a dedicated built-in payment mechanism in place. For such situations, you may need to make use of other methods to send transactions. Unscrupulous sellers may request gift cards, cash and other untraceable payment methods- sometimes, shady buyers and sellers may offer gift cards that are nothing but empty.
Make use of apps like PayPal which securely help you transact and also investigate frauds on your behalf.
- Inspect The Buyer/Seller Profile
Check in on the seller information. Check on the reviews that customers have written about them. Even if they are good, take it with a pinch of salt. Reviews can often be bought. See to it that they are verified on the portal. Most of the good and safe online market places make sure that the sellers are legit, but that doesn’t mean that you should not do your own research into their profiles.
- Inspect Before You Make The Payment
Be sure to see the goods before you make the jump and authorize the payment. If the item is a collectible like jewelry, then it wouldn’t hurt to bring in an expert who can validate and make sure that it is the real deal. People often run scams on gold and other precious metal, so be extra cautious.
- You May Meet-Up At A Public Place
Meet at a public place- even the lobby of a police station or a public restaurant is a great place to collect high-prized goods. If you are uncomfortable, you may bring a friend or even take video or snaps of the product so it is easier if disputes arise later.