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Looking To Buy High-quality, Cheap Electronics? Here's Why An
By Ken Dare, Sat Dec 10th


Since they began back in 1995, Internet auction sites havebecome one of, if not the, hottest phenomenon on the Web.

And today, the popularity of these sites is growing faster thanever before due to a new wave of sites that auction off brandname products at deep discounts - offering their members cheapelectronics and other items at up to 80% to 90% off theirregular retail price In effect, these online auction sites allowmembers from around the world to save significantly onbrand-name products (including collectibles, cheapelectronics and much more) with a few simple clicks of theirmouse.

But is joining one or more these websites thatauction off brand name products right for you? Are there anyrisks involved? According to the Federal Trade Commission,auction fraud - where a seller takes your money and neverdelivers a product - can be a problem at sites that regularlyauction off brand name products.

Here are some additional

auction fraud statistics:

*In a recent FBI study, online auctions ranked No. 1 as asource for fraud on the Internet.

*The Internet FraudComplaint Center (IFCC) has received 1,000 consumer complaintsper week since opening its doors.

*EBay says one in every40,000 of its listings ends in a confirmed case of fraud.

*Online auction fraud entails 64% of all Internet fraud that isreported.

*Complaints against individual subjects, asopposed to complaints against businesses, account for 84% of allcomplaints received.

That's why, should you decide to join an online auction site,you must be careful to select a reputable one that keeps itsmembers' best interests in mind at all times.

For example, at one well-respected online auction site,, members


caninstantly send their feedback to site officials and most of thebrand-name products the site features in its online auctionscome with warranties.

Another factor you will want to consider before taking theplunge and joining an online auction site is what type of onlineauctions does the site offer?

Most experts consider blind online auctions, which are offeredat andseveral other sites, as the best approach for ensuring membershave the best auction experience possible. Why? Because in blindauctions members never have to worry about competitors usingautomated bid monitoring tools, which are very common at othersites.

Ultimately, whether you're in the market for cheap electronicsor another type of product, you're sure to find exactly whatyou're looking for at one of the many sites online that auctionoff brand name products.

Most online auction transactions are easy and smooth. However,auction fraud can be a problem. You may find that the item youreceive is not what the seller promised. Or, you may neverreceive the item that you won the bid on.

Fortunately, you can help to prevent online auction fraud bydoing a little research and by choosing to join only a reputableonline site. In the end, the benefits of being able to purchasebrand name products at deep discounts certainly outweigh thelimited risks that exist.

Copyright 2005 cheap electronics, All RightsReserved

About the author:Ken Dare is a freelance writer based in Tampa, FL. Ken has over15 years of writing experience in the marketing communicationsfield - which includes over seven years of web writingexperience. Ken founded WriteDare Copywriting at the beginningof 2004 and now specializes in crafting online copy that sells -specifically corporate websites, online direct response salesletters and emails.




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This page was updated on May 2009 and is Copyright © 2003 by Global Com Consulting Inc.