Avoiding Ebay Scams
First, lets define what ebay scams are. They are products being sold that promise amazing results on ebay. Products, normally in the form of "kits" that guarantee you can make half a million dollars a year using the techniques described in the kit. Those are all scams. If you were thinking that ebay scams involve a hacker trying to get your credit card information or buying a product that you never recieve, thats ebay fraud.
Everywhere where you turn someone is trying to sell you their eBay Business kit. You see ebay scams on television commercials, advertisements on websites, seminars, and even in the form of books. Due to the fact that many people want to make money on ebay, these products still sell given the warnings. No matter where or what form you see them, they are still ebay scams.
An eBay Business is simple and straight forward. There are no secrets that can make you a millionaire overnight. If you can sell a product for more than you bought it, you can make a profit. You have a business. There several ways to find products for wholesale that you resale for retail price, without spending any money. Buying products at wholesale, then turning around and selling them for retail, is the name of the game.
eBay Scams I Bought
1. Auction Monster Ebay Training Kit
This was the first product I bought hoping to start a profitable business on ebay. I paid $49 for the kit plus shipping and handling. Three weeks later I recieved a big AuctionMonster Box. I opened it up there was a CD labeled AuctionMonster training course. I inserted the CD into my laptop and the first thing that poped up was a link that took me to their website.
Once I was on the website I was notified that once i copleted 4 simple steps I could start selling products on eBay. Why would I need my own website to sell products on eBay. I did it anyways because that was what was instructed to do. It costs me over $70 just to secure the domain name.
The second step was to sign up for a merchant account to accept credit cards. I had to call a company in pheonix and go through a 2 hour process just to try and get an account approved. After that I had to wait two weeks to get approval. I was then notified that it costs around $1000!!! a year to have a merchant account through their company. This is when I started to suspect something.
The third step was to sign up with the dropshipping company Doba for $49 a month. That was where I was going to get wholesale products to resale at retail price on eBay. This was the only legitimate step in the whole process. It is in your best interest to sign up with a wholesale dropshipper. That way you can sell products, then have the dropshipped without you ever touching them.
The fourth and final step was to hire ebay coaching. That would costs around $30 a month. At the time I was contemplating eBay coaching I noticed a $59 charge to my bank account for web hosting which I was completely unaware of. I ended up having to pay it.
All together I paid a total $180 for everything. I never followed through with my merchant account after it was approved. Luckily I took the free trial with doba instead of paying for the whole thing. I never paid for eBay coaching becuase I did not have the money too after the $59 webhosting fee.
2. The Silent Sales Machine
The silent sales machine was the second product I purchased. It is a ebook that costs $24.95. It did not throw me for the loop that AuctionMonster did, but nonetheless was still a waste of money. Im not going to lie and say that it contained no useful information. It was a lot better than AuctionMonster. I later realized that the information given in silent sales machine could be found for free on the internet.
Looking back at the sales page on the silent sales machine homepage, you can tell that the testimonials are fabricated. In each testimonial the person claims that they made $200,000 the next day. The names at the bottom only contain the first name and last initial. The reason for this is because the people in the testimonials are made up.
Making up testimonials is highly illegal. However, no one gets prosecuted of for it because it is difficult to prove. You can normally tell when testimonials are made up when the people in them are reporting results that seem unrealistic.
Conclusion:If you don't want to fall victim to eBay scams, don't buy them. Avoid eBay scams on tv commercials, google ads, websites, and books. They won't help you make money. The only services worth paying for when running an eBay Business are memberships to dropshipping companies and market research companies.
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