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Like most ecommerce sites, Etsy takes a percentage of your earnings for listing and selling products on its platform. On average, Etsy takes a 6.5% cut from each sale, plus a 20-cent listing fee ...
Back in 2009, as a nursing student at Ocean County College, she started selling crocheted scarves on the platform. Her first sale – a $40 cowl-neck scarf – was the spark that kept her crafting ...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...
Etsy seller Railis is selling a Victorian feast cupboard made of solid oak, oak veneers, glass and brass for a cool $50,000. There’s also a $600 shipping fee. There’s also a $600 shipping fee.
The Big Store is a technique for selling the legitimacy of a scam and typically involves a large team of con artists and elaborate sets. Often a building is rented and furnished as a legitimate and substantial business. [65] The "betting parlor" setup in The Sting is an example.
Most of the money is made by recruiting new members and a prime characteristic of the scam is the product is of little value. The people at the bottom of the pyramid pay the people at the top. Inevitably they will run out of new recruits and the scheme will collapse. [7]
Scammers target a variety of people, though research by Microsoft suggests that millennials (defined by Microsoft as age 24-37) and people part of generation Z (age 18-23) have the highest exposure to tech support scams and the Federal Trade Commission has found that seniors (age 60 and over) are more likely to lose money to tech support scams.
“They’re selling the exact same product and they’re trying to sell it to you for 2 cents cheaper, or ship it two hours faster.” Etsy has struggled to navigate the changing market dynamics.