Better Safe Than Sorry

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Scam literacy

Too-Good-to-Be-True Pricing as a Warning Sign

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Photo: Big yellow umbrella on Harcourt Road Flyover on 2014-11-08 by Ceeseven (CC BY-SA 4.0), via Openverse

A brand-new phone listed at a small fraction of its usual retail price, a designer item sold on a site you have genuinely never heard of before, a holiday package priced well below every single competitor: unusually low prices remain one of the oldest scam signals of all, and also one of the most consistently ignored by hopeful shoppers.

Legitimate discounts usually have a clear, sensible reason attached to them, such as clearance stock, a genuine seasonal sale or an existing loyalty offer, and they rarely undercut the entire wider market by such a wide margin on a popular, genuinely in-demand item that everyone else is also trying to sell.

Checking a seller's reviews, their contact details, and how long the website has actually existed for takes only a few minutes and often reveals a clear pattern, such as a store created only weeks ago that sells solely one type of high-demand product at unusually deep, aggressive discounts.

If a deal feels genuinely disconnected from everything else currently available at that same price point, it is worth treating that gap itself as useful, actionable information rather than simply chalking it up to unusually good luck on your part alone, especially on a big-ticket item.

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Printed from Better Safe Than Sorry. Sources for this article are listed at the end of the page.