Scams that promise you help in making money online are too many to count and sometimes very hard to spot. That’s why you need to know how to avoid potential problems. The basic rule of that is practicing constant vigilance and double-checking everything before you commit any money to the cause. Don’t be afraid to come off as paranoid because online scammers managed to rob people of $1.4 billion in 2017 (FBI). This means that you really can’t be too careful when it comes to verifying the reliability of people you deal with online.
3 Tips on How to Avoid Online Scams While Making Money Online
1. Be on alert for the ‘get rich quick’ scheme
While it’s true the viral nature of the Internet made a few people good money overnight, these cases are exceedingly rare. Becoming a multimillionaire by winning a lottery happens more often than that. Therefore, you should never ever trust any business ad that promises you to become rich by next week.
The ‘get rich quick’ scheme is so common, it has its own Wikipedia page. Varieties of it have been going since the beginning of the 20th century, yet people still fall for this scam.
Don’t be one of them and never ever fall for the promise of easy money. Any legitimate online business will involve a lot of work and provide small returns at the beginning. If the one you plan on working with tells you it’s going to be all good right away, you are most likely conned.
2. Know hot NOT to post ads for money
Note that selling ad space and posting ads on your website is a perfectly legitimate business. In fact, it’s one of the most effective ways to monetize your blog. It’s also a great opportunity for you to make money if you run a legit affiliate marketing website. However, if you meet a ‘post ads to make money online’ call, that is a scam.
This scheme works by inviting people to register for a company that will supposedly provide you with ads to post on Facebook, blogs, etc. However, you’ll need to pay a membership/signup fee before getting your first batch of ads to post.
Does that sound fishy? Because it is fishy, you won’t be getting any money from that company and there’s no chance to get your stolen fee back. Note that this scheme usually has some elements of the ‘get rich quick’ in its marketing campaign. It often goes like ‘post ads to make $100 a day for an hour’s work’ or something similar.
3. Think of reselling? Think thrice!
It’s possible to make money online by reselling products or services. For example, you can become a hosting reseller or join a direct sales program. However, if you are offered discount products to resell, you’re being scammed.
This scheme usually calls for ‘cash on delivery’ so you pay for the box of supposedly brand products. In most cases, these will turn out to be completely useless broken things of no value. Getting a refund is not an option as you’ve paid in cash. And the stuff is usually so bad, you won’t be able to push it at a garage sale.
Categories: Earn Money Online