Looking for a way to earn extra income? Thought about starting your own business? Buying into an opportunity online that makes claims about big earnings that might sound like the answer. But don’t sign up just yet.
Could it be a scam?
While making a living online is a very feasible ordeal today, it is also very easy to fall for clever marketing of scammers. It is easy to come into the field with a program that promises many good things that is half-baked and unproven. A scammer finds his prey easily precisely because of how lucrative the industry is. If we are impatient and ignorant about their schemes, we may fall victim.
It is sad when people in desperate need of money find themselves not only not making a gain from their investment but find themselves losing it all.
So to avoid scams, we need to educate ourselves and learn to research what is viable and legitimate and what is not. We can easily spot a scam when we know the nature of online scams.
Today I want to list 5 nature of scams. So that when we shop for our online business options, we don’t have to be left drained by the experience.
Here are 5 common nature of online scams:
1. Upfront Money Is Involved
It is because people are seeking money making opportunities that ‘money making’ scams flourishes. As you know how to be wary of emails telling you to pay some money first to get the money stuck in some account overseas to be transfered to your account, be very wary of programs that needs you to pay money (usually huge amount up to thousands) before you are given information or instructions how the program works fully.
Always think twice or three times before you take out your credit card.
2. Promise of Fast Income
” You can make $10,000 a month with this Proven Trusted System or See $10,000 in your bank account while you sleep. Maybe $500,000 a year to retire this year ”
Scammers make big promises but is small on the details of how you’ll do it. If it sounds too good to be true, it probably is.
3. Pressure To Act Or Lose Out
They will pressure you to sign up with a limited time. They will hurry you to sign up within the next day or two to take advantage of the offer. They will lure you into some free offers or gifts to get you to sign up. Once you are in, they will probably tell you unless you buy more, you will not succeed. Up-selling can go up to hundreds or thousands.
4. Short On Verifiable Details
Check what would you be selling or doing? Ask why shoppers to your site would find and use your website? Ask how would the business generate income and what are your specific expenses to get your business up and running.
If such concerns are addressed and spelt out in the marketing, chances are it will not be addressed after you sign up.
5. A Recruitment into a MLM
Is this Multilevel Marketing (MLM) where a high percentage of people do not reach success because too much commission money goes to the people at the top of the pyramid. While they are good MLM programs but they are are and usually require the person to do a lot of hard selling and also recruiting others into the program. As recruitment sometimes overtake the activities of actually selling the product, we need to know if we are ready for such a job. Otherwise, do check if this is an MLM or pyramid related kind of program.
There you have it, some of the 5 nature of online scams. I’m not saying that every program with has one of the above nature are scams. I am just saying that scammers use these as strategies to find their prey. Such programs may not even start out from scammers with evil intentions. Sometimes programs are half-baked ideas packaged into programs that are badly implemented and put together that just doesn’t work. Most of them are untested with photoshopped data and no real results to proof that it works
I suggest there must be thorough research on the programs we pick to start our online business before parting our hard earned money hoping that it will reward us handsomely without much work.
Here is the list of online business that is not recommended by Scamxposer. These are a list, not necessary of scams, but of programs that is unprofitable or simply doesn’t work anywhere close to what it claims.
On the other hand, in my research for legit online businesses, here’s my personal list, leading it is our top recommendation followed by others in comparison to it. Hope you’ll find it useful.