Customers and online merchants are both negatively affected by these illegitimate sellers, leaving them with numerous doubts and questions. For instance, what does this rise in fake sellers mean for legitimate eCommerce retailers?
According to a survey conducted by MarkMonitor in 2017, roughly 1 in 4 online shoppers reported that they had been tricked into buying a fake or bad-quality item. Of these sales, 39% of fake products came from online marketplaces such as Amazon and eBay. Even though there are rules and regulations set in place by these marketplaces, scam artists keep finding new ways to bypass the system to sell their poorly-made items.Read More