As the year comes to an end, there’s an increase in online shopping, and sales scammers are also on the lookout for people to dupe. Here are a few things you can watch out for:

Are the offers too good to be true?

Are you seeing adverts of an 80% discount, or seeing your favourite shoe being sold for 8,000 naira instead of the usual 35,000 naira? Are you seeing Dubai return tickets for 70,000 naira? It may be a scam. If you ever feel that the offers are too good to be true, they just may be. The same goes for investment opportunities too. If you are being asked to invest in a company with the promise of a 50% ROI monthly, you may want to double-check and do your research to be sure you’re not being defrauded.

Watch your emotions. Yes, you want to buy amazing things at more affordable prices, you want to invest your money, especially for the future. You probably want to tick certain items off your bucket list before the new year. But in your haste to purchase items before the year runs out, or at a cheaper rate, beware of online scams, and take notice of where you’re purchasing items from.

Watch out for red flags 

You are seeing amazing deals on Instagram but the comments of all the posts are locked? That’s a red flag. Sometimes, vendors lock the comment of a particular post because they are vile and hurtful, but if you notice it to be a pattern, it could mean that the vendor doesn’t want people who have been previously scammed to make complaints in the comment section. If you also notice a page that has millions or thousands of followers but has no comments on all posts, hesitate and carry out enough research before making any purchase; many scammers buy social media pages with large followers.

Watch out for emails, WhatsApp messages or websites containing poor grammar and spelling mistakes. Brands take great care with their online presentation, so if you see brands/companies who seem not to care about their appearance, grammar, or perception, it is because they have nothing to lose.

Search the internet for reviews of the companies or vendors. If you find none, that could be a red flag. To check for negative reviews, search for the company/vendor’s name with terms like “scam” or “complaint.” If you find no negative review or complaints, you may be in the clear. Many companies put up good reviews from supposedly satisfied customers on their social media pages and websites, but don’t be swayed by these; what are other people saying about them?  Don’t be shy to ask around before you make hefty purchases.

Don’t accept invoices with personal names

If you are purchasing from a company, ensure the brand/business name is on the invoice. Do not accept invoices with personal names when purchasing from a company. We understand that little online stores may not have a company account yet, but ensure you have made purchases from or already have a relationship with a trusted vendor before making payments.

As you make purchases this festive season, don’t be too swift to whip out your credit card or make that transfer.