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How To Identify A Legitimate Online Business - Jobs/Vacancies - Nairaland

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How To Identify A Legitimate Online Business by Bajifred(m): 10:52am On Sep 15, 2023
Identifying a legitimate online business requires careful research and scrutiny. Here are some steps to help you determine if an online business is legitimate:

1. **Check for a Professional Website**: Legitimate businesses often have well-designed, professional websites with clear contact information, including a physical address and phone number. Be cautious of sites with poor design or missing contact details.

2. **Verify Contact Information**: Search for the provided contact information online to confirm its legitimacy. If you can't find any information or it leads to unrelated results, it may be a red flag.

3. **Look for Reviews and Ratings**: Search for reviews and ratings of the business on reputable review websites and forums. Keep in mind that a lack of reviews can also be suspicious.

4. **Check for Trust Seals**: Legitimate online businesses often display trust seals or certifications from organizations like the Better Business Bureau or SSL certificates for secure transactions.

5. **Research the Company's History**: Investigate how long the company has been in business. Established businesses are generally more trustworthy than newly formed ones.

6. **Contact Customer Support**: Reach out to the company's customer support with questions or concerns. A legitimate business should provide helpful and timely responses.

7. **Beware of Too-Good-to-Be-True Offers**: Be cautious of businesses that promise unrealistic deals, such as extremely low prices or guaranteed profits. If it sounds too good to be true, it probably is.

8. **Check Payment Security**: Ensure that the website uses secure payment methods and has a secure checkout process. Look for "https://" in the URL and a padlock icon in the address bar.

9. **Review the Return Policy**: Legitimate businesses typically have clear and reasonable return and refund policies. Be wary of businesses with unclear or overly restrictive policies.

10. **Trust Your Instincts**: If something about the business feels off or if you have a gut feeling that it's not legitimate, it's best to err on the side of caution and avoid making transactions.

11. **Check with Official Registries**: Depending on your country, you may be able to check with official business registries to verify the company's existence and registration.

12. **Use Online Scam Databases**: Some websites maintain databases of known scams and fraudulent businesses. You can search these databases for the company's name.

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Re: How To Identify A Legitimate Online Business by Bajifred(m): 3:27pm On Sep 15, 2023
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Re: How To Identify A Legitimate Online Business by Bajifred(m): 8:34pm On Sep 15, 2023
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Even our Nigerian yahoo boys always try to scam his fellow Nigerian
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Re: How To Identify A Legitimate Online Business by Bajifred(m): 7:02am On Sep 16, 2023
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Re: How To Identify A Legitimate Online Business by Bajifred(m): 7:19am On Sep 16, 2023
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Re: How To Identify A Legitimate Online Business by Bajifred(m): 9:59pm On Sep 16, 2023
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Re: How To Identify A Legitimate Online Business by Bajifred(m): 8:34am On Sep 17, 2023
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Re: How To Identify A Legitimate Online Business by Bajifred(m): 10:01am On Sep 18, 2023
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Re: How To Identify A Legitimate Online Business by Bajifred(m): 6:22pm On Sep 23, 2023
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Re: How To Identify A Legitimate Online Business by scofield2016: 9:36am On Oct 24, 2023
How Peppa Helps Online Buyers Gain Trust In Social Media Purchases

The advent of the internet as a whole ushered in an innovative and intuitive outlook on every sector. This is majorly evident in how people have been able to leverage the potential of the internet to access a wide audience. But this power of the internet has been largely exploited by small to large-scale businesses that have used the innovation to improve productivity and maximise profits.

Over the years, people have been ambivalent about the influence of the internet in our daily lives. But we can not overemphasise how it has been to make the world a global village where people can connect and communicate with other people across the globe without taking a step off the walk. The birth of the internet gave rise to the emergence of websites and social media platforms on which people can engage with other people, products, and services.

However, the COVID pandemic changed the ways of doing things and brought a new norm in connection and communication – either for social or business purposes. We can see how the lockdown of 2020 inadvertently pushed many businesses to close down with so much loss recorded. But many businesses took advantage of the internet – especially social media platforms to start selling their products or providing one service to the other.

Today, the functionality of social media has transcended its conventional purpose of socialising with people. You can now be sociable and trade on social media. The understanding of the potential and prospects of various social media platforms has led to the creation of various businesses to attract a throng of social media users available on different social platforms.

Popular social media platforms like Instagram, Facebook, Twitter, and WhatsApp have become home for most small to medium-sized businesses. They include cosmetics, electronics, automobiles, grocery, clothing, consultancy, and whatnot. This means that there is no product you want that you will not see a seller for it on various social media platforms.

But as businesses are buzzing on social media, it has increasingly become a hotbed for fraudsters pretending to be sellers or unserious sellers that are empathetic towards their buyers.

There have been many cases of buyers making payment for a particular product on social media and the seller didn't deliver the product to the seller. There have also been cases of buyers not getting the product they have paid for as and when due. Some social media sellers may even deliver products whose quality is inferior to what was displayed for marketing to the buyer. This is what is referred to in the local parlance as "what I got versus what I ordered."

Therefore, many unpleasant experiences faced by buyers have discouraged some buyers from buying on social media. This is owed to the lack of confidence and trust in either the personality of the seller or the quality of the product, thereby, putting buyers at risk of losing their money. This has made buyers explore ways to shop confidently and safely on social media. So how can online buyers gain trust in making purchases on social media? The answer is through Peppa.

What Is Peppa?

Peppa is a leading peer-to-peer (P2P) social commerce platform in Africa that makes buying and selling seamless with secure payment. It is a one-stop online platform for buyers to purchase various products, and sellers to attract and sell their products with a sophisticated payment system to protect every transaction.

One major feature of Peppa that is used to validate and protect transactions between sellers and buyers is the escrow payment system. This is a technology that acts as the middleman between buyers and sellers. The escrow system works to reinforce the commitment of people while upholding the trust and satisfaction of buyers.

Understanding How Peppa's Escrow System Works

Peppa is committed to making social media payments safe and secure, and the idea of its escrow payment system stems from this mission. Therefore, buyers can use the escrow payment system to protect their funds when making purchases on various social media platforms.

How this works is that a buyer will pay for a particular product into an escrow account, which will lock the payment until the seller delivers the product to the buyer. In essence, the seller will not get the payment until the terms of the agreement are met – which primarily hinges on satisfactorily delivering the products to the buyer after making payment.

With the knowledge of this security innovation, buyers can gain good trust in buying on social media when they use Peppa's escrow system. It is simple and easy to use.

Benefits Of Using Peppa's Escrow Service For Buyers

1. Secure Payments

As stated many times, buyers can be sure of a secure payment when they use the escrow service. This reduces your vulnerability to scams that in turn, lead to a possible loss of funds. When you make a payment to buy a particular product on social media, your money is not going to the seller. You are sending money to the escrow system that will lock the fund until you get the product you paid for, including your satisfaction.

You will get your money back in the event of the seller not delivering your product or if you have lost interest because of the delay in delivery.

2. Fast Delivery

This technology makes sellers diligent and dedicated to delivering products that buyers have paid for. No seller wants to lose customers (buyers) or make more profits from the business. Hence, the escrow system tends to keep sellers on their feet to commit them to deliver on time without any delay.

3. Buyers Get Quality Products

The delivery of products to buyers is not the termination phase of the purchase. Buyers must be satisfied with the product, else, the escrow system will not release the payment to the seller. Therefore, this would reduce the larky behaviour of sellers to deliver low-quality products to buyers.

Conclusion

Buying on social media is easy and simple if you give yourself the power to put your sellers to work and commit. You can achieve this feat by using the Peppa escrow system. With this technology, the days of shopping scams or unsatisfied deliveries are over.

Create a Peppa account now to use the escrow service on your next purchase on social media.

Website - https://peppa.io/

Email Address: prosper@peppa.io

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