Are you an eBay seller? If you have been conducting your business in this widely popular online auction site, then chances are, you wouldve experienced some fraudulent activities perpetrated against your enterprise. Scam artists are everywhere, it seems, and the sheer anonymity provided by the World Wide Web makes the virtual world a paradise for all sorts of unscrupulous folks.
Condemning them is one thing. But you do need to positively act on the real perils of getting scammed. You have take some precautionary steps and adjust the way you operate your online business to minimize, if not completely eliminate, the risks that these scam artists present.
Lets enumerate the more famous, or should we say infamous, of these eBay scams and discuss some ways by which you could avoid them.
Bid shielding. Bid shielding greatly compromises the profit you could derive from your auctions. Bid shielding occurs when a bidder uses two eBay accounts. One account would bid a low price for your auction. The other account would bid a very high price for the same, thus dissuading other people from competing for the same item. When the bidding period nears its end, the second...
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