Buying Electronics Online? Be cautious.

By admin

Posted on March 5, 2012

If you’re in the market to buy an electronics product, chances are you’ll find better selection and prices online. While shoppers are increasingly heading to the Internet to look for deals, unfortunately, not all Web sites promising rock bottom discounts on electronics are legitimate and consumers need to do their research when shopping online or they risk getting ripped off by a scammer’s online store.

You need to keep an eye out for following while shopping for electronics online:

Prices that are too good to be true – If the prices for items are well below those of trusted competitors, it’s a sure sign to walk away.

Businesses that accept payments via wire transfer only – Scammers often ask victims to wire payment through Western Union or MoneyGram because the money cannot be easily tracked or retrieved in the case of fraud.

Web sites using fraudulent security seals – Scam websites will often display the seals from certification organizations such as VeriSign, IQNet or TRUSTe without authorization. You confirm that the business’s use of the seal is legitimate by clicking on the seal which, if legitimate, will link you to a confirmation page on the certifying organization’s site.

Pricey add-ons – Retailers may push high-priced accessories that can cost twice as much as standard items but aren’t likely to give you much performance benefit.

Extended warranty – In the unlikely event that a repair is required after the manufacturer’s warranty expires, the bill for the repair is often comparable with the typical cost of an extended warranty. So, you’re better of paying the bill if the need arises.

If you’re shopping online, keep yourself safe. Check out buying guides for major electronics categories. The included shopping tips will guide you as to whether it’s a good idea to buy certain products online or to visit a store.